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Submission: On December 27 via api from TR — Scanned from DE
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* News * Features * Expert analysis * Videos * Events * Whitepapers * Industry news * Product showcase * Newsletters * * * Please turn on your JavaScript for this page to function normally. Help Net Security December 26, 2024 Share SERVICE DISRUPTIONS CONTINUE TO BLINDSIDE BUSINESSES Service disruptions remain a critical concern for IT and business executives, with 88% of respondents saying they believe another major incident will occur in the next 12 months, according to PagerDuty. PagerDuty surveyed 1,000 IT and business executives who were director level and above, from the US, UK, Australia and Japan. ORGANIZATIONS MUST FOCUS ON PREVENTING SERVICE DISRUPTIONS 86% of executives surveyed now realize that they have been prioritizing security at the expense of readiness for service disruptions, causing changes within the company. The reality is that a focus on preventing service disruptions, which can often be security-related, is imperative for organizations today. Preparedness in terms of people, process and culture is key to ensuring disruptions are minimized to limit revenue and reputational harm. 83% of business and IT executives admitted that the July global IT outage caught them off guard, exposing gaps in their preparedness for service disruptions. 89% of executives in the UK, 84% in the US, 80% in Japan and 77% in Australia admit to being surprised by the disruptions. 47% believe that insufficient incident management planning will worsen the impact of major IT outages on their organizations, a concern shared by 41% of business executives, if approaches to service disruption are not prioritized. “The PagerDuty study shows that executives around the globe are shifting their leadership priorities with major incidents in mind, with 100% of those surveyed reporting a heightened focus on preparing for future service disruptions at their companies,” said Eric Johnson, CIO at PagerDuty. “CEOs and their boards are now focused on this issue, and with the accelerated pace of AI and other advanced technologies being deployed, companies cannot afford to delay critical technology infrastructure updates.” EXECUTIVES REPORT LOST REVENUE FROM JULY IT OUTAGE Additionally, 55% of executives surveyed have observed a mindset shift towards continually evaluating and improving preparedness instead of a one-time move into investments in new systems or protocols that are now complete (45%). A majority of executives surveyed in the UK (91%), US (89%), Australia (88%) and Japan (78%) believe that it’s not a matter of “if” but “when” these service disruptions happen. While some organizations were prepared for the digital disruption, others were not. Of those that were not fully prepared, 37% of executives said the July global IT outage resulted in lost revenue or an inability to process sales transactions and delayed response times by 39% to customer or internal requests. Organizations that experienced multiple service outages due to the July global IT disruption suffered communication breakdowns between departments (38%), delays in workflow and projects put on hold (35%). Overall, 39% of executives saw an impact on decision-making. Nearly half in the US (48%), Australia (48%), and the UK (47%), along with a majority in Japan (53%) believe that limited access to real-time data tools will further hinder their organizations during an outage, if approaches to service disruption are not prioritized. For many who experienced disruptions during service incidents, the July global IT outage meant a return to the old ways of doing things, as 44% saw increased reliance on manual processes or workarounds following the incident, showing just how much organizations rely on digital tools. More about * disruption * PagerDuty * report * software * survey Share FEATURED NEWS * 2025 is going to be a bumpy year for IoT * How CISOs can make smarter risk decisions * US charges suspected LockBit ransomware developer How to leverage the 2024 MITRE ATT&CK Evaluation results RESOURCES * Download: The Ultimate Guide to the CCSP * Whitepaper: 9 traits of effective cybersecurity leaders of tomorrow * Download: The Ultimate Guide to the CISSP * Whitepaper: Securing GenAI * Report: Voice of Practitioners 2024 – The True State of Secrets Security DON'T MISS * 2025 is going to be a bumpy year for IoT * How CISOs can make smarter risk decisions * Evilginx: Open-source man-in-the-middle attack framework * Maximizing the impact of cybercrime intelligence on business resilience * How companies can fight ransomware impersonations Cybersecurity news Daily Newsletter Weekly Newsletter (IN)SECURE - editor's choice selection of topics (twice per month) Subscribe I have read and agree to the terms & conditions Leave this field empty if you're human: © Copyright 1998-2024 by Help Net Security Read our privacy policy | About us | Advertise Follow us ×