Intelligent CIO Middle East Issue 116 | Page 89

FINAL WORD an incident, and then suddenly you are thanking your lucky stars you had it in place.
With law enforcement cracking down on some of the most prominent groups, including the likes of BlackCat and LockBit, there might have been an assumption that cyberattacks as a whole are trending down. But the reality could not be further from the truth.
In the last year alone, 69 % of companies faced an attack at one point or another, yet 74 % still fell short of data resilience best practices. The threat is only evolving, with smaller groups and so-called lone wolf attackers stepping into the gap. And with a new subsection of attackers comes a new set of methods, with the faster data exfiltration attack methods on the rise.
The same Veeam report, in collaboration with McKinsey revealed that 74 % of participating enterprises lacked the maturity needed to recover quickly and confidently from a disruption. While cyber resilience gaps are often a case of not realising before it was too late, in this case, many of these deficiencies were self-reported. But if organisations are aware, why have not they plugged these gaps?
For some, it could be down to the simple fact that they have only just realised. The recent wave of EU-focused regulations, including notably NIS2 and DORA, has spotlighted the issue by requiring organisations to up their resilience across the board.
In the build-up to their compliance deadlines over the last year, organisations had to critically assess their
Aside from the CISO, chief executives would often treat backup and recovery processes like you would an airbag.
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