Hybrid cloud is the new reality for enterprises. The question for businesses now is - how do you move from mere adoption of hybrid cloud to truly unlocking transformational business value?
This was at the center of a 'fireside' chat discussion between IBM Senior Vice President of Consulting John Granger and Ted Schadler, Vice President and Principal Analyst at Forrester Research.
The pair, along with Aparna Sharma, Managing Partner, Hybrid Cloud Transformation, IBM Consulting, tackled this question and offered practical advice along with key steps for businesses looking to move from mere adoption of cloud to unlocking significant business value from hybrid cloud.
60% of breached businesses raised product prices post-breach; vast majority of critical infrastructure lagging in zero trust adoption; $550,000 in extra costs for insufficiently staffed businesses
IBM Security released the annual Cost of a Data Breach Report,1 revealing costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations. With breach costs increasing nearly 13% over the last two years of the report, the findings suggest these incidents may also be contributing to rising costs of goods and services. In fact, 60% of studied organizations raised their product or services prices due to the breach, when the cost of goods is already soaring worldwide amid inflation and supply chain issues.