Intelligent CIO Africa Issue 93 | Page 23

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An elite group of companies , are more resilient than the majority of respondents , suffering less downtime , having lower total direct costs and minimal impacts from hidden costs .
Recovering more quickly . Faster recovery often equates to a better customer experience and less unwanted media attention . Resilience leaders ’ mean time to recover , MTTR from application or infrastructure-related downtime is 28 % faster than the majority of respondents , and 23 % faster from cybersecurity-related incidents .
Experiencing less toll from hidden costs . Most resilience leaders experience no damage from hidden costs , or describe it as moderate . That is in stark contrast with the remaining 90 % of organisations that call hidden cost impacts moderately or very damaging .
Dodging financial damage . Resilience leaders reduce revenue loss by $ 17M , lower the financial impact of regulatory fines by $ 10M and cut down ransomware payouts by $ 7M . p
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