The recent robbery at the Verizon data centre in Kings Cross (Dec 7 2007) goes to prove that data is incredibly valuable. It’s hard to imagine only 20 years ago a full-scale robbery of what amounts to your name and address. Back then it was all about the gold, remember Brinks Mat?
The robbery was arranged by 6 men who were dressed in police uniforms. Having worked their way into the building they then tied up the staff and absconded with hardware. Apparently no data was taken but that is obviously what they were after and why? Because data is money. One of the clients with information held at the data centre was J P Morgan. This isn’t a tin pot robbery, it’s someone who appreciates the value of ripping off banks and individual identities on an international scale.
Robbery trends reflect value – pure and simple. A robbery of data on this scale brings home how economically important pure information is. And if it’s this important surely we should be looking for the best ways to use and implement the data we have at our fingertips – whether it’s financial or not.
http://www.theregister.co.uk/2007/12/07/kings_cross_data_centre_raid/