Cyber resilience emerges as a distinct investment category as downtime costs hit $19M per hour
Cyber resilience is no longer considered a mere technical concern, but a board-level business imperative and a direct investment category. In terms of recovery speed, the organizations that treat it as such will bounce back faster when disruption hits. That evolution is well underway, according to Christy Wyatt (pictured), president and chief executive officer at […] The post Cyber resilience…
Cyber resilience is no longer just a technical concern but a board-level business imperative, according to Absolute Security CEO Christy Wyatt. A new study found that the average cost of one hour of endpoint downtime across 1,000 surveyed CISOs is $19 million. Despite this, only 4% of these practitioners feel fully prepared to recover from a major disruption.
Wyatt highlighted the importance of treating cyber resilience as a distinct investment category, emphasizing the need to minimize downtime by putting a dollar amount on it. Most organizations conduct tabletop exercises that stop at the containment stage, but they lack comprehensive steps for device recovery and effective communication protocols.
Absolute Security's strategy, based on firmware-embedded Persistence technology, enables rapid recovery by reaching devices regardless of their software state. This allows for remote bare-metal reinstalls, compressing recovery time from weeks to minutes. Boards must now focus on operational resilience when disruptions occur, with all key stakeholders, including CISOs, CFOs, CIOs, general counsels, and the board, playing roles in ensuring effective cyber resilience.
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