Amazon.com suffered a glitch today leaving its website inaccessible for approximately 13 minutes. Seem like a paltry number? Only if these lost minutes aren't translated to sales revenue losses. And while outages with the company's AWS cloud computing offering are not uncommon, Amazon's online retail division—as well as all retailers that transact online—have much at stake literally every minute their websites stay up—or go down.
The high likelihood of falling victim to security compromises has led firms to adopt more digitally resilient strategies. Unfortunately, these measures do not address the ominous threat of natural disasters looming on the horizon. A myriad of business continuity solutions exist to mitigate the effects of natural disaster-induced downtime, but there's no telling at the end of the day how digitally-dependent organizations will fare when catastrophic events of unprecedented proportions occur.
There is no disputing the fact that cloud computing has led to a number of remarkable changes in the way many companies do business. Cloud-based solutions have been instrumental in streamlining IT functions and other business processes, resulting in a considerable savings in terms of time and monetary output.
Cyber resilience is a fundamental change in understanding and accepting the true relationship between technology and risk. IT risk (or cyber risk, if you prefer) is actually business risk, and always has been. And the cybersecurity industry, for what it's worth, has generally avoided this concept because it goes against the narrative that their respective offerings—whether it's a firewall, IDS, monitoring tool, or otherwise—would be the one-size-fits-all silver bullet that can keep businesses safe. But reality tells a different story.