Unplanned downtime poses a serious problem for organizations, and is estimated to value International 2000 corporations on common $200 million per 12 months. Past the monetary affect, it might probably additionally erode buyer belief and loyalty, lower productiveness, and even lead to authorized or privateness points.
A 2024 ransomware assault on Change Healthcare, the medical-billing subsidiary of trade large UnitedHealth Group—the most important well being and medical information breach in US historical past—uncovered the info of round 190 million individuals and led to weeks of outages for medical teams. One other ransomware assault in 2024, this time on CDK International, a software program agency that works with almost 15,000 auto dealerships in North America, led to round $1 billion price of losses for automobile sellers because of the three-week disruption.
Managing danger and mitigating downtime is a rising problem for companies. As organizations grow to be ever extra interconnected, the increasing floor of networks and the fast adoption of applied sciences like AI are exposing new vulnerabilities—and extra alternatives for risk actors. Cyberattacks are additionally changing into more and more refined and damaging as AI-driven malware and malware-as-a-service platforms turbocharge assaults.
To arrange for these challenges head on, corporations should take a extra proactive strategy to safety and resilience. “We’ve had a standard approach of doing issues that’s really labored fairly effectively for possibly 15 to twenty years, but it surely’s been primarily based on detecting an incident after the occasion,” says Chris Millington, world cyber resilience technical knowledgeable at Hitachi Vantara. “Now, we’ve bought to be extra preventative and use intelligence to concentrate on making the techniques and enterprise extra resilient.”
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