A recent global survey conducted by IT services firm, Netenrich, found that 83 percent of IT professionals say their organization would experience significant operational damage in the first 24 hours of a systems collapse.
According to the survey, about one third of respondents recognize that mitigating damage from a cyber outage requires a more proactive security strategy. They see a need and have a desire to improve system security with risk assessment, incident analysis, and threat modeling. However, they report spending most of their day on reactive tasks like keeping systems up to date, evaluating critical systems incidents, and identifying and correcting systems breach alerts that are actually false alarms.
Also, 67 percent of respondents say they currently focus on upgrading security tools, even though half say integrating those tools and finding expertise to manage them is a primary struggle.
To prevent substantial organizational damage, experts from Netenrich recommend that IT professionals focus more on assessing the business risk associated with a systems breach rather than on the technological mechanisms used to prevent a breach. "Survey Reports 83% of Companies Suffer Crippling Business Damage During the First 24 Hours of an IT Outage" www.yahoo.com (Oct. 28, 2021).