Key takeaways
- The July 2024 outage, which cost Fortune 500 companies around $5 billion in direct losses, is a stark reminder of the consequences of widespread IT failures.
- Rapid recovery is essential for minimising financial losses and reputational damage.
- Investing in robust security measures, including privileged identity management, is crucial for preventing data breaches and accelerating recovery.
- By partnering with an Managed Security Services (MSS) provider, organisations can gain access to specialised expertise, advanced technologies, and rapid incident response capabilities.