Mike Maddison
IT OUTAGE
Mike Maddison
CEO NCC Group
“ In today ’ s interconnected world , IT outages are an inevitable challenge that can disrupt entire digital supply chains with ripple effects throughout . This incident underscores the urgent need for organisations to prioritise cyber resilience and have robust incident management plans in place .
“ The outage highlighted the critical issue of supplier concentration risk . Dependence on a limited number of suppliers , or a single supplier , for essential services can create a significant vulnerability , potentially leading to sector-wide failures . Regulators are increasingly concerned with managing systemic risks across industries .
“ Given the significant disruptions caused by IT outages , it is imperative for organisations to prioritise operational resilience . Developing comprehensive crisis management plans and pragmatic risk management strategies can significantly mitigate potential impacts and ensure business continuity , even in unforeseen scenarios .
“ In our digital age , collaboration across sectors is essential to address and manage the evolving technological risks we encounter daily . By fostering a culture of shared learning and proactive engagement , we can better prepare for future challenges and enhance the resilience of our global supply chains .” technologymagazine . com 83