82% of organizations experienced a cyber-related outage this year.

66% of risk leaders stated they have reviewed and updated their IT and cyber risk management strategy in response to major disruptions such as the Crowdstrike outage or MOVEit breach

78% of organizations suffered from the inability to access data or IT outages due to an attack (e.g., ransomware, malware, DDoS).

57% of organizations suffered multiple data outages from an attack.

Despite the percentage decrease, the number of major tech outages caused by security issues actually rose from 3 in the 1980s to 20 in the 2020s.

Security breaches are identified as one of the five most frequent root causes of major tech outages, collectively accounting for nearly 90% of all major outages alongside software bugs, configuration issues, database errors, and infrastructure failures.

In the first half of the 2020s (so far), security issues are behind 24% of the 82 failures catalogued.

When combined with configuration and deployment errors, security breaches account for 34% of outages.

Sectors like energy and utilities face more security breaches compared to other types of failures

In the 1980s, security breaches and cyberattacks were responsible for 50% of the 6 outages recorded during that decade.

Security incidents have resulted in an estimated cumulative $29.4 billion in losses from the 38 incidents considered in the dataset.