Cyber resiliency is now an essential requirement for any business. Given the threat to data
and IT servers, businesses must invest in cyber-resiliency strategies to reduce operational
risk. New research from ESG, however, finds that cyber-resiliency investments are even more
valuable than previously thought: In addition to minimizing risk, they improve a
business’s ability to innovate.
Improved cyber-resilency capabilties help to reduce risk. But does an organization’s
level of cyber-resiliency maturity also help foster innovation and deliver greater business
success?
To answer this question, ESG surveyed 750 IT decision makers and then segmented the
respondents into cyber-resiliency stages (see graphic on right). This classification was
driven by how respondents answered four questions about their organization. Each of these
questions represents a characteristic of a Prepared organization (i.e., an attribute of a
highly resilient organization) in terms of the teams in place to protect it, the funding for
technologies to mitigate risk, or the organization’s focus on minimizing third-party
risk.