According to IBM’s 2024 Data Breach Report, the staggering financial impact of data breaches reached a global average of $4.88 million!. The report goes on to state that, “75% of the increase in average breach costs in this year’s study was due to the cost of lost business and post-breach response activities.”
Of course, it’s not just cyber-security incidents that may impact your organization’s ability to operate. What about active shooter situations, supply chain issues or activism related crises? Most crisis scenarios can be studied — gamed out as we say –through tabletop exercises that enable organizations to identify gaps and weakness in their plans and response teams before a real crisis hits.
In this blog post, we will discuss the actual costs of tabletop exercises (the testing piece) and what goes into making them successful, potentially saving your business millions.
Before Anything Else, Consider Your Goals for the Tabletop Exercise
Ultimately, the success of your tabletop exercise…