What is 'data' worth?
What is 'data' worth?
Author
Discussion

AB

Original Poster:

20,429 posts

224 months

Tuesday 18th August 2009
quotequote all
How much do people pay for data? Say for example I had collected the details of every company registered at companies house, directors names and addresses, key contact details, all the financials, SIC info etc and obviously numbers, addresses etc.

How much is that worth?


Steamer

14,176 posts

242 months

Tuesday 18th August 2009
quotequote all
Wasn't it worth a few million in the case of the chap that walked out of the Swiss bank recently with a file of customers details?

Don

28,378 posts

313 months

Tuesday 18th August 2009
quotequote all
AB said:
How much do people pay for data? Say for example I had collected the details of every company registered at companies house, directors names and addresses, key contact details, all the financials, SIC info etc and obviously numbers, addresses etc.

How much is that worth?
Free from the Inland Revenue.

Oh they're not supposed to give it away but they are forever leaving stuff on the train.

Justayellowbadge

37,057 posts

271 months

Tuesday 18th August 2009
quotequote all
D&B market cap: $3.91 billion.

AB

Original Poster:

20,429 posts

224 months

Tuesday 18th August 2009
quotequote all
Thats quite specific though isn't it. Worth £millions to someone who is targeting exactly who they want to (i.e. high worth individuals etc).

This is just a load of random names and addresses really? I guess if someone wanted to target the financial controller of every solicitors firm in the country for example this could be handy.

Hmm.

AB

Original Poster:

20,429 posts

224 months

Tuesday 18th August 2009
quotequote all
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.

Mr E

23,039 posts

288 months

Tuesday 18th August 2009
quotequote all
Isn't this the same as "what's paper worth".

Depends what it represents...

Plotloss

67,280 posts

299 months

Tuesday 18th August 2009
quotequote all
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.

ascayman

13,329 posts

245 months

Tuesday 18th August 2009
quotequote all
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
laugh

AB

Original Poster:

20,429 posts

224 months

Tuesday 18th August 2009
quotequote all
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.

ewenm

28,506 posts

274 months

Tuesday 18th August 2009
quotequote all
AB said:
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.
Might be worth something to a newspaper...

mrmr96

13,736 posts

233 months

Tuesday 18th August 2009
quotequote all
ewenm said:
AB said:
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.
Might be worth something to a newspaper...
Unlikely as all that data described is publicly availible. It's a bit like finding a phone book.

okgo

42,110 posts

227 months

Tuesday 18th August 2009
quotequote all
I'll give you a fiver for it.

AndrewW-G

11,968 posts

246 months

Tuesday 18th August 2009
quotequote all
AB said:
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.
Phone the financial company (MBNA?) speak to whoever handles data security and offer to send the disc to them, may not be worth anything to you now, but karma's great at paying people back for good deeds smile

ewenm

28,506 posts

274 months

Tuesday 18th August 2009
quotequote all
mrmr96 said:
ewenm said:
AB said:
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.
Might be worth something to a newspaper...
Unlikely as all that data described is publicly availible. It's a bit like finding a phone book.
I was thinking more from a DATA SECURITY BREACH SCANDAL point of view, along the lines of "if they are this careless with some data who would believe they'd be trustworthy with other data". Obviously just scaremongering, but I'm bored... wink

Plotloss

67,280 posts

299 months

Tuesday 18th August 2009
quotequote all
Shame it wasnt a really big power company who after a massive internet gaffe are now so up their own arses with data security its vaguely funny. I say this only because the chap responsible for data security is a bit of a plonker.

mrmr96

13,736 posts

233 months

Tuesday 18th August 2009
quotequote all
ewenm said:
mrmr96 said:
ewenm said:
AB said:
Plotloss said:
AB said:
Hmm, probably illegal to sell anyway given it was found on a CD-Rom. Just wondered what people pay for it.
Ahh so its potentially licensed to someone else then?

In that context, its worth about 3 years before parole.
CD-Rom, meet my friend bin.

Found on a business park outside a call centre for a huge financial company.
Might be worth something to a newspaper...
Unlikely as all that data described is publicly availible. It's a bit like finding a phone book.
I was thinking more from a DATA SECURITY BREACH SCANDAL point of view, along the lines of "if they are this careless with some data who would believe they'd be trustworthy with other data". Obviously just scaremongering, but I'm bored... wink
Oh no, I do understand that you didn't expect the newspaper to make use of the data. I did understand that you meant from a "look what they've lost" point of view. However, like I said, it's not good practice - in fact it's pretty poor, but the data was publicly availible. So the loss itself isn't a breach per se, but as you say, you could dress it up into one of those trumped up non-story scaremongering things I guess.

sammyboy

394 posts

238 months

Tuesday 18th August 2009
quotequote all
at work we have bloomberg and reuters messanger which has alot of details about companys employees in the financial world. Not that I want to but this is being paid for by my company and because its out in the public domain can this be distributed to outside sources who dont have this access.

mrmr96

13,736 posts

233 months

Tuesday 18th August 2009
quotequote all
sammyboy said:
at work we have bloomberg and reuters messanger which has alot of details about companys employees in the financial world. Not that I want to but this is being paid for by my company and because its out in the public domain can this be distributed to outside sources who dont have this access.
No. There will be a clause to the effect that the data supplied to you via this system cannot be reproduced in whole or in part yadda yadda yadda.

Dupont666

22,884 posts

221 months

Tuesday 18th August 2009
quotequote all
mrmr96 said:
sammyboy said:
at work we have bloomberg and reuters messanger which has alot of details about companys employees in the financial world. Not that I want to but this is being paid for by my company and because its out in the public domain can this be distributed to outside sources who dont have this access.
No. There will be a clause to the effect that the data supplied to you via this system cannot be reproduced in whole or in part yadda yadda yadda.
That would be the same as the reuters quote that we were using on PH to report the downfall of the banks last year, minute by minute.... not giving two hoots about the fact that people pay a fk load of money for the real time data we were releasing and normally its 15mins behind for everyone outside the financial world.