By Sean Tilley, Dr. Director of Sales, EMEA, 11:11 Systems
Cyber risk has become a dominant priority for organisations across nearly every sector. As the severity and velocity of the threat landscape and technological change continue to accelerate, organisations are under increasing pressure to ensure they can keep pace and recover quickly in the aftermath of a cyber event. A core focus for many organisations is strengthening their incident response capability: how effectively the business can react and recover when an attack occurs. For many organisations, the difference between a minor disruption and a major business crisis now depends less on whether an attack happens and more on how effectively they respond when it does.
The Financial Impact of Downtime
One of the main factors driving an increased focus on incident response is the financial impact cyber downtime can have on both individual organisations and the wider UK economy. In cyber security, supply chain risk is often discussed through the lens of regulations such as DORA and NIS2, which place greater emphasis on operational resilience and visibility across critical suppliers. However, organisations must also consider the reverse side of supply chain risk. If your business goes down, the organisations that depend on your services may also be affected. This can disrupt operations, strain commercial relationships and create wider economic consequences. The effects of this were evident during several high-profile retail cyber incidents last year, and regulatory scrutiny, alongside cyber insurance requirements, has continued to increase in response.