Despite a desire to prioritize remediation and recovery capabilities, many businesses hesitate to invest, leading to significant downtime risks. Thirty-five percent require days or weeks to recover lost SaaS data. Over a third worry their backup and recovery solutions are inadequate. The financial impact of operational disruption from cyber incidents amounts to an estimated $400 billion annually for Global 2000 companies. To avoid these consequences, businesses should educate teams on cyber risk prevention and adopt zero-trust principles to effectively counter threats and optimize recovery capabilities.
Most businesses express a desire to prioritize remediation and recovery capabilities, yet many ultimately shy away from making necessary investments in these areas.
Thirty-five percent of businesses require days or weeks to recover lost SaaS data, signaling a significant gap in their backup and recovery solutions.
Downtime from cyber incidents like ransomware costs Global 2000 companies approximately $400 billion annually, exerting a staggering financial impact on operational disruption.
To strengthen defenses against cyber risks, educating teams on recognizing phishing attacks and reporting suspicious activities is crucial for business resilience.
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