16/01/2025
The Cost of Being Unprepared
🚨 Is your business ready for the unexpected?
Suffice it to say that most businesses operate hybrid platforms to ensure business success. Every business faces risks, but not every business is prepared. Here are some facts:
70% of businesses experience at least one major crisis every five years.
A case in point is the Supply Chain Disruption experienced by Toyota in 2022.
A cyberattack on a supplier disrupted Toyota’s ability to procure critical components, forcing the company to shut down 28 production lines across 14 plants in Japan for a day.
The Impact of the crisis include:
- Production of 13,000 vehicles was delayed in a single day.
- The disruption cost millions of dollars and caused significant delays in customer deliveries.
Cybercrime costs will hit $10.5 trillion annually by 2025—making it the third-largest economy after the U.S. and China.
Companies without a crisis plan take 53% longer to recover from disruptions.
Imagine this:
You experience a ransomware attack that halts operations for a day. Without preparation, you could lose $300,000 per hour. With a robust plan, you minimize downtime, secure your data, and maintain trust.
💡 Don’t wait until it’s too late.
✅ Predict risks with AI-powered tools.
✅ Prepare for disruptions with real-time dashboards.
✅ Recover faster with analytics-driven strategies.
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Source:
- Cybersecurity Ventures
- PwC
- BCI Horizon Scan Report
