This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Texas winter storm (2021): An energy company in Texas maintained critical operations by using remote data centers and cloud services to ensure data availability despite local power outages.
The Colonial Pipeline ransomware attack in 2021 forced the shutdown of a major U.S. Service outages ultimately frustrate customers, leading to churn and loss of trust. Responding to a Cyber Extortion Attack When a business becomes a victim of cyber extortion, quick and effective action can significantly mitigate the damage.
BC Management recently released its 2021 Business Continuity Management Event Impact Report in partnership with Witt O’Brien’s. As pandemic impact lingered, some organizations had disruptive events that happened 10 times or more within the year such as protests, software issues, civil unrest, supply chain disruptions, and power outages.
Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. The outage was caused by a bad security update rolled out by CrowdStrike. Without question, this is one of the most expensive IT outages to date, with significant global impact. billion (about £4.2
Climate-related disasters are only increasing, which is in turn increasing the costs associated without proper mitigation steps. For example, in February 2021 a severe winter storm hit Texas , causing widespread power outages and water shortages. billion in damage to physical assets in the US alone.”
It can result in power outages, transportation disruptions, and, most critically, could pose serious health risks to people. Examples include the February 2021 winter storm across Texas and the southern United States, which killed at least 290 people and caused $196.5 The impact of cold emergencies goes beyond discomfort.
A Spotlight on Critical Infrastructure The pipeline disruption of 2021 taught us a valuable lesson: Taking out one critical infrastructure provider can have a devastating ripple effect. Deploying a clean energy infrastructure to build in another layer of resilience from increasing energy costs and outages.
September 8, 2021 : Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. We used AWS Backup to simplify backup and cross-Region copying of Amazon EC2, Amazon Elastic Block Store (Amazon EBS) , and Amazon RDS to mitigate business continuity risks. See details. Standardize observability.
Data from ESG research shared during Pure//Accelerate® Digital 2021. But even internally, an outage can be disastrous. To mitigate this, organizations need available recovery points to get back up and running quickly. What Happens If You Do Pay the Ransom? So, let’s say you decide to pay.
When a hurricane leads to widespread power outages, flooding, and workforce disruption, for example, an effective disaster recovery plan ensures that IT systems remain up and running and that operations can come back online as soon as possible.
When a regional storm makes travel difficult and causes short-term power outages, for example, an effective business continuity plan will have already laid out the potential impact, measures to mitigate associated problems, and a strategy for communicating with employees, vendors, customers, and other stakeholders.
Network providers, online video conferencing software, or other vendors who provide services that are critical to your daily operations could experience an outage at a moment’s notice. Then, determine practical mitigation strategies by assessing which people, processes , and technologies are required to ensure minimum business disruption.?
In addition to the more obvious alarm and object recognition tasks, the security industry can apply this through a focus on what’s missing and augment the security response, mitigation and design process so we’re working alongside tech instead of fearing replacement. million in 2021 to $36.5 million in 2030.
In 2021, a single data breach cost, on average, $4.2 Data processing must be quick, accurate, valid, and allowed. Cost-effectiveness. Think audit costs are high? million – a figure that keeps rising every year. A SOC 2 audit helps to avoid those costly security breaches. Competitive advantage.
In 2021, a single data breach cost, on average, $4.2 Data processing must be quick, accurate, valid, and allowed. Cost-effectiveness. Think audit costs are high? million – a figure that keeps rising every year. A SOC 2 audit helps to avoid those costly security breaches. Competitive advantage.
How to Create a Network Disaster Recovery Plan by Pure Storage Blog When Colonial Pipeline fell victim to a devastating cyberattack in May 2021, the company’s operations came to a standstill, leading to widespread fuel shortages throughout the eastern United States. Cyberattacks, including ransomware , are on the rise.
How to Create a Network Disaster Recovery Plan by Pure Storage Blog When Colonial Pipeline fell victim to a devastating cyberattack in May 2021, the company’s operations came to a standstill, leading to widespread fuel shortages throughout the eastern United States. Cyberattacks, including ransomware , are on the rise.
As our OnSolve leadership team reflects on 2020 and 2021, we note a trend in our conversations with Business Continuity (BC), Enterprise Risk Management (ERM), Physical Security (PS), Travel Risk Management (TRM) and Supply Chain Risk Management (SCRM) leaders. TRM ISO 31030:2021. A Recent Trend. illustrates this trend.
In 2021, the cost of cybercrime topped $6 trillion. To identify threats and breaches quickly, and to mitigate them before they can cause too much damage, organizations need a robust information security program. Protect information during non-cyber events, such as natural disasters, power outages, or fire.
In 2021 the average cost rose to $9.41 The pain is felt by the healthcare organization when a vendor has an outage because of ransomware or another cybersecurity intrusion. Adopting a zero-trust approach to network and data access by third parties is the best way to mitigate such risks. million ) than any other sector.
What may be even more alarming is that in just the first three months of 2021, OCR already looked into 113 healthcare-related data breaches affecting 500 or more individuals. The previous year, there were only about 125 investigations at that level.
According to the 2021 Business Continuity Management Event Impact Report , there are the top five events that led to business continuity response and recovery plan initiation in 2020: Pandemic/disease: 79% Power outages: 49% Hurricanes: 38% Fire/wildfires: 35% Cyber-attacks: 29%. What is This Year’s National Preparedness Month Theme?
Identify and eliminate hidden costs Uncover and mitigate cost drivers such as data transfer fees, underutilized resources, overprovisioned instances, and licensing mismatches. Enterprises that take a proactive, integrated approach will mitigate threats, maintain regulatory adherence, and protect business continuity.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content