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The Make-Or-Break Factor Failing Business Owners Often Miss

LAN Infotech

Even a one-hour outage can lead to significant revenue loss and damage to the companys reputation. Security Vulnerabilities: Outdated systems are more vulnerable to cyberattacks. System outages or slow response times can lead to dissatisfaction, negative reviews and loss of business.

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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance BC

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. million Windows devices.

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World Backup Day Quotes from Experts for 2025

Solutions Review

” Corey Nachreiner – CISO at WatchGuard Technologies “In a digital environment where 80 percent of organizations are vulnerable to ransomware attacks, implementing regular data backups across your organizations critical components is key to your cybersecurity strategy.

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Threat Intelligence: A Key Capability for Our Turbulent Times

MHA Consulting

In recent years, we have entered a uniquely tumultuous period, one characterized by weird weather, global conflict, and heightened supply chain vulnerability, among other challenges. The threat of utility or network outages. However, there is a case to be made that assessing threats on an annual basis is no longer sufficient.

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When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

Where are my vulnerabilities? Organizations that embrace, invest in, and elevate resilience as a strategic priority are able to more proactively sense issues, analyze vulnerabilities, and adapt to the evolving environment. Imagine a manufacturer losing revenue due to a cyberattack on just one of its suppliers.

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The financial impact of climate change on organizations

everbridge

Download Financial Vulnerabilities White Paper The financial impact of climate change on organizations The cost of climate change on organizations is multi-faceted, and the consequences can be severe. For example, in February 2021 a severe winter storm hit Texas , causing widespread power outages and water shortages.

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The Ukraine Invasion: What Are the Impacts on Supply Chain Dynamics?

Fusion Risk Management

As an example, Ukraine produces nearly 75% of the world’s Xenon and Neon gas which are critical components in the manufacturing of semiconductor chips – meaning an already brutal manufacturing shortage will become somewhat cataclysmic for at least the next few years. So, what is the current reality related to the conflict in Ukraine?