In an era where technology underpins nearly every aspect of business operations, the resilience of IT systems to withstand sudden disruptions is vital. The recent IT outage triggered by an automatic software update deployed by cybersecurity company CrowdStrike underscores the fragility of these systems.
Although CrowdStrike has publicly stated that the issue was not related to a cyberattack, which is reassuring, its impact on global IT systems is significant, revealing critical lessons for enterprises around preparedness and response strategies. In addition, this issue has many companies re-examining their third-party partners’ software development lifecycle (SDLC) processes and their own business continuity plans.
How KPMG can help
Smart businesses do not just manage risk, they use it as a source of growth and competitive edge. Technology makes many things possible, but what is possible is not always safe. We can help you create a resilient and trusted digital environment in the face of evolving vulnerabilities and threats. Specifically, we can:
- Review and test your Business Continuity and Data Recovery plans (BCP/DR)
- Review and test your cyber resiliency strategy
- Review your third-party risk management and supply chain management strategy
- Add scale and assist with CrowdStrike remediation for this current outage
- Add burst capacity through a technology and cyber recovery retainer to improve your ability to manage and mitigate future incidents
Our professionals bring a combination of technological expertise, deep business knowledge, creativity, and a passion to protect and progress your business. We are available to help you protect and optimise your digital environment.
