Businesses take 7.3 months to recover from cyber incidents, leading 87% to plan increased security spending.

Businesses now take an average of 7.3 months to recover from cybersecurity incidents, which is 25% longer than expected. The Fastly report also shows that 87% of companies plan to boost their security investments, driven by concerns over the reliability of their current tools and a shift towards shared security responsibilities. This increase in spending reflects a response to recent high-profile cyber incidents and global IT outages.

November 19, 2024
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