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All issuesVolume 310, Issue 1IT NewsSecurity

The Ultimate Guide To Cyber Resilience

CybeReady, Wednesday, January 3rd, 2024

Resilience is defined by the Oxford Dictionary as 'the capacity to withstand or to recover quickly from difficulties' and 'the ability of a substance or object to spring back into shape.'

In a digital business climate where the question isn't if you will be the victim of a cyber attack, but when and how it will happen, resilience has become essential to doing business online.

While most organizations understand the concept of cybersecurity, cyber resilience planning now goes hand-in-hand with it as a way to be proactively prepared for the worst-case scenario. 64% of businesses have increased their spending in cyber risk mitigation as a result of having experienced a cyber attack. With the costs of cybercrime expected to reach $8 trillion in 2023, it's a wise investment.

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