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IT downtime cuts enterprise profit by 9%, says study

CIO

They counted any service degradation or unavailability of critical business systems due to cyberattacks as well as technical and operational failures as downtime. Almost a quarter of the estimated cost of downtime — $49 million of the estimated $200 million average for Global 2000 companies — was due to lost revenue, the study found.

Study 242
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IT downtime cuts enterprise profit by 9%, says study

CIO

They counted any service degradation or unavailability of critical business systems due to cyberattacks as well as technical and operational failures as downtime. Almost a quarter of the estimated cost of downtime — $49 million of the estimated $200 million average for Global 2000 companies — was due to lost revenue, the study found.

Study 193
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Tenable OT Security: 2023 Year in Review

Tenable

It was a year in which our operational technology (OT) security offering gained significant traction with customers, prospects and partners and earned market recognition from analysts. I can easily say 2023 was a good year for Tenable OT Security. Let’s use a factory as an example.

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Hardest tech roles to fill (+ solutions!)

Hacker Earth Developers Blog

Technology has evolved drastically over the last decade and is only expected to continue transforming. With the changing landscape, the skill sets that organizations look for in tech professionals is also changing. A survey of 42,300 employers across 43 countries and territories found that the demand for IT skills has skyrocketed.

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Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

TechCrunch

It’s Kyle again, Greg’s stand-in for Week in Review. (He’ll If you’re a WiR newbie, it’s the newsletter where we recap the past five days in tech news. As first reported by MoneyControl , the new app, code named P92, will let users log in through their Instagram credentials. Happy Friday, folks.

ChatGPT 234
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Cybersecurity Snapshot: A Look Back at Key 2023 Cyber Data for GenAI, Cloud Security, Vulnerability Management, OT, Cyber Regulations and more

Tenable

Yes, cyberattackers quickly leveraged GenAI for malicious purposes, such as to craft better phishing messages , build smarter malware and quickly create and spread misinformation. The “ State of Cybersecurity 2024 ” report from the Computing Technology Industry Association (CompTIA), which polled 511 U.S. McKinsey & Co.’s

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To Boost Software Supply Chain Security, Stop the Finger-Pointing

Tenable

For the first time in eight years, the “Accelerate State of DevOps Report” from Google’s DevOps Research and Assessment (DORA) team zooms in on software supply chain security. Monitoring public information regarding software vulnerabilities. Preserving code history. Analyzing and testing code continuously for vulnerabilities.