First CDK Global, now Crowdstrike, how vulnerable are you?
By VOS Consulting Group on July 20, 2024
In the past month, two major incidents have underscored the critical need for robust business resiliency plans. The ransomware attack on CDK Global, a software provider for car dealerships, disrupted operations at 15,000 dealerships across North America, causing significant financial losses and operational chaos.
Similarly, on July 19, 2024, CrowdStrike, a leading cybersecurity firm, experienced a significant outage that impacted thousands of businesses worldwide, including airlines, healthcare facilities, and financial institutions. This disruption caused widespread operational delays and significant financial repercussions.
These incidents reveal the vulnerabilities inherent in our reliance on third-party solutions. While these solutions offer efficiency, they also expose businesses to potential disruptions. It is imperative for companies to have a comprehensive contingency plan in place for such failures.
Consider this: What is your plan if a key service provider experiences a failure? How will your business continue operations? Do you have alternatives in place?
Businesses must evaluate their environments, systems, and infrastructure to identify single points of failure. When these points fail, what are your contingency plans?
A solid business continuity plan is essential for all enterprises. Engaging a specialist to review and enhance your business resiliency can help ensure your company remains operational, no matter what challenges arise. Don’t wait for a disaster to strike—take proactive steps now to safeguard your business.
By prioritizing these measures, companies can build a more secure and resilient ecosystem that protects their operations and minimizes the risk of similar disruptions. Reach out to samuel@vosconsultinggroup.com to schedule a complimentary 30-minute assessment.