Extract from OpenText’s article “What is Cyber Resilience?”
In 2015, former Cisco CEO John Chambers famously wrote: “There are two types of companies: Those that have been hacked, and those that haven’t yet discovered that they’ve been hacked.” Since then, this statement has only become more accurate. In fact, 2019 was the worst year on record for data breaches as the cost of those breaches soared. A new approach to defending an organization’s data and assets is required. Step forward Cyber Resilience.
Chambers’ point about the inevitability of cyber attack and breach is well made. In today’s digital age, we are faced with a massive proliferation of data, systems, apps, and devices. That’s just internally. We are increasingly creating digital ecosystems to drive agility, collaboration and innovation. It’s been a long time since your organization stopped at the front door or the corporate firewall!