Cyber attacks have dramatically reshaped how organizations conduct their business and structure their IT systems. That’s why theCube Research organized a first-of-its-kind summit in January with thought leaders from the industry. We covered a lot of ground with many valuable perspectives. We recently covered results from research stemming from the summit with our sponsor Dell Technologies. One area we discussed is the consequences stemming from cyber attacks
The consequences of successful attacks are often nothing short of existential threats to the very survival of an organization. Respondents consistently rank operational disruption and financial loss as the most critical outcomes of these attacks, underscoring their significant impact on both top-line and bottom-line performance. Here’s what our research shows:
More importantly, this shift emphasizes that what was once merely a technical challenge has become a pressing business imperative. The real heart of the issue lies in the risk tied to data, whether it is stolen, exposed, corrupted, leaked, exfiltrated, or ransomed. Data has emerged as the new gold for cybercriminals. The research we just conduected makes this very clear.
The fallout from these attacks extends beyond operational setbacks; they can escalate into serious compliance or governance issues, putting organizations at risk of substantial legal repercussions.
In light of these severe consequences, it is no longer optional for organizations to adopt a stance of cyber resiliency; it is a necessity for their survival and success in today’s digital landscape.
