Home Resources Blog Organizations Unable to Achieve Business Resilience Against Cyber Threats

Organizations Unable to Achieve Business Resilience Against Cyber Threats

Admin Globaldots
16.11.2018
image 2 Min read

The Resilience Gap study, which surveyed over 4,000 business decision makers across the United States, United Kingdom, France, Germany and Japan found that while 96% of the global business decision makers believe that making technology resilient to business disruptions should be core to their firm’s wider business strategy, the reality is very different. In fact, only 54% of respondents claim that it definitely is.

Despite 96% of respondents claiming that business resilience is important to their organization, several barriers to achieving business resilience remain, with clear challenges between internal organizational structures and access to the right skills and technology.

Over a third (34%) blame their organization’s growing complexity, while, one fifth (20%) blame siloed business units. Looking to their team and tools, a third (33%) say the issue lies with the hackers being more sophisticated than IT teams, 21% claim that they don’t have the skills needed within the company to accurately detect cyber breaches in real-time and almost a quarter (24%) claim that poor visibility of entry points is the biggest barrier to business resilience.

A lack of business resilience can also severely impact a firm’s bottom line. A third (33%) of organizations say they could not or don’t know if they could calculate the impact of a cyber breach on indirect cost from lost revenue and productivity, and 28% admit they wouldn’t know if they would be able to calculate the financial cost incurred for response efforts.

In addition, 29% of organizations state they would not know if they would be able to calculate the impact of the loss or exposure of protected data, particularly concerning in the year that GDPR has come into force.

Read more: Help Net Security

Learn More

Streamline Your Alert Management with Groupings
Monitoring, Logging & Observability
Admin Globaldots 02.02.23

Alerting is crucial for avoiding outages, not just responding to them. That’s why GlobalDots is adopting an innovation that revolutionizes the way alerts are processed, enabling teams to achieve their goals proactively and resolve issues quickly. Handling alerts on a large scale can be difficult, especially when dealing with hundreds or even thousands of alerts. […]

Read more
You’ll Need Zero Trust, But You Won’t Get It with a VPN
SD-WAN and SASE
Admin Globaldots 12.01.23

Properly implemented, a zero trust architecture provides much more granular and effective security than legacy security models. However, this is only true if a zero trust initiative is supported with the right tools. Legacy solutions, such as virtual private networks (VPNs), lack the capabilities necessary to implement a zero trust security strategy. Zero Trust Security is […]

Read more
4 Ways Where Remote Access VPNs Fall Short
SD-WAN and SASE
Admin Globaldots 09.01.23

The Global Content Delivery Network (CDN) market is expected to grow by $42.4 billion between now and 2032.

Read more
Unlock Your Cloud Potential
Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.
Book a Demo