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Bolstering Cyber Resilience is Crucial to Achieving Success

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bharat malviya
Bolstering Cyber Resilience is Crucial to Achieving Success

As cyber threats become more prevalent, cyber security ratings are on the verge of becoming as important as credit scores, making failure to implement a competent cyber resilience program more important than the reputational risk. A well-thought-out cyber resilience program will not only become a competitive advantage but will also be essential to long-term success.


As a result of the COVID-19 pandemic in 2020, many businesses both large and small adopted technology at a tremendous pace. People today live and work in a truly digital economy and society, which has enabled the majority of the population to work remotely and changed company paradigms.


Data has become the lifeblood of both public and commercial sector enterprises and it is playing an increasingly vital role in ensuring that businesses stay ahead of shifting consumer demands. However, with this growing reliance come new cyber threats. Over the past 18 to 24 months, the number of cyber-attacks has increased thrice. According to a survey by Cybercrime Magazine, “Global Ransomware Damage Costs Predicted To Reach $20 Billion (USD) By 2021” ransomware attacks now occur every 11 seconds in 2021 across the globe.



Given the attacks in a variety of industries around the world, cyber threats have clearly caught everyone’s attention right now. Furthermore, disruptive cyber-attacks have damaged enterprises, many of which went unnoticed for months.


Full Article: Bolstering Cyber Resilience is Crucial to Achieving Success 


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