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What does ECOL stand for?

ECOL stands for Estimated Cost of Loss

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This calculation, reported in Table 2, estimates that annual data losses to PCs cost US businesses $18. 2 billion. [15]> This estimate represents an increase from a 1999 study that estimated the annual cost of lost data to be $11. 8 billion. [16] Although it is difficult to measure with precision the cost of lost data, and the analysis is sensitive to the assumptions that underlie its calculations, there are several reasons to believe that $18.