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Blog
November 28, 2023

Cyber recovery trends and insights

Cyber threats are increasing in frequency and unpredictability and cyber recovery is becoming more difficult but also more essential. Cutover recently surveyed 300 IT decision makers in major enterprises to find out about their attitudes towards cyber concerns and how their organizations are managing the increased risk.

What’s happening in cyber recovery today? 

Over the past 12 months, enterprises have faced an increase in IT service disruptions and outages. Enterprises view cyber threats as a leading factor contributing to the increase in outages and there is particular concern about recovering from cyber attacks as well as other types of failures. Looking forward, enterprises’ concern for cybersecurity in the next 12 months spans across various attack vectors.

Here are a few key cybersecurity and cyber recovery takeaways our recent survey report: 

  • 56% of respondents rank cyber threats, such as ransomware, as the leading contributing factor to their disruptions
  • 94% are very or quite concerned about recovering from a cyber attack 
  • 85% of respondents agree that the best performing companies will have automated disaster recovery by 2025

Cyber threats, like ransomware, are the leading contributing factor to IT service disruptions

With most organizations experiencing an increase in technology service disruptions or outages over the past 12 months, 56% of respondents rank cyber threats such as ransomware as the leading contributing factor to their disruptions. Recovering from cyber attacks is the biggest concern with 94% of respondents being very or quite concerned. This is unsurprising due to the prevalence of cybercrimes.  

Concern for cyber attack recovery is on the rise

IT outages, including cyber attacks, take longer to fully recover from now than 1-2 years ago. Enterprises are justifiably concerned about the widespread implications of evolving and increasing cyber attacks. They also believe that cyber outages are slowing down digital transformation progress and organizations are worried about data loss, financial implications, reputational damage, operational disruption and loss of customer confidence and trust. 

Over the next 12 months, enterprises’ concern for cybersecurity threats is distributed across the various attack vectors from ransomware, viruses and malware to software vulnerabilities, insider threats and more.

Enterprises look towards automated disaster recovery

With IT outages from cyber attacks increasing and cyber recovery time lengthening, enterprises are looking towards automation. They recognize the need to increase investment in disaster recovery, specifically in cyber recovery. Most see that disaster recovery needs to be more automated within the next 12 months to avoid serious consequences and best performing companies expect to have this by 2025.

Enhance and automate cyber recovery with Cutover

Cutover’s Collaborative Automation SaaS platform bridges the gap between teams and technology with dynamic, automated runbooks. With Cutover, you can reduce the complexity and unpredictability of cyber recovery. Streamline your recovery processes by combining human decision making and automated tasks with enterprise visibility and integration into your technology stack. Gain confidence in your cyber recovery procedures with dynamic runbooks to automate cyber recovery processes - bringing order to the chaos. 

Learn more: Download the Cyber recovery trends and insights eGuide for 2023-2024

Kimberly Sack
Cyber recovery
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