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Business resilience in the face of cyber risk

The market reality is that experiencing failure in an enterprise digital environment is a matter of “when” rather than “if.” Sixty-six percent of executives surveyed know that their companies are under threat of attacks that test the resilience of their IT systems on a daily or weekly basis.
Savvy enterprises must be aware of weak spots in information and operational technology, which requires difficult choices when deciding where to place scarce resources. Both spend-to-protect and spend-to-enable must be continually rebalanced to manage the enterprise.
Embracing a digital ecosystem, managing digitally and institutionalizing resilience are all vital steps that are necessary to make an enterprise resilient, agile and fault-tolerant.

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Business resilience in the face of cyber risk

  1. 1. Business resilience in the face of cyber risk
  2. 2. 2 Market reality Experiencing failure in an enterprise digital environment is a matter of “when” rather than “if” Copyright © 2015 Accenture All rights reserved. of executives surveyed confirmed their companies experience significant attacks that test the resilience of their IT systems on a daily or weekly basis 66%• Downtime is not just costly but untenable • Failures and hostile cyber actions have profound impacts on enterprise performance • The same technologies that are driving the digital enterprise—can enable resilience • Success requires a fundamentally different perspective on risk and technology portfolio management • And…the leadership required to make it reality
  3. 3. 3 Know thy weaknesses Only 9% of executives surveyed by Accenture Strategy stated that they proactively run inward-directed attacks and intentional failures to test their systems on a continuous basis A mere 25% of executives surveyed consistently design resilience parameters into their operating model and technology architectures Copyright © 2015 Accenture All rights reserved. Note: Accenture Strategy research into the intersection of business and technology, 2015. Savvy enterprises are self-aware of weak spots in Information and Operational Technology
  4. 4. 4 Battle between protection and enablement Difficult choices need to be made as to where to place scarce resources Copyright © 2015 Accenture All rights reserved. Just 40% of executives in an Accenture Strategy survey “strongly agree” that balancing spend-to- protect and spend-to-enable is mature and continuously managed in their enterprise spend-to-protect spend-to-enable
  5. 5. 5 Resilience…not just for systems Focus on engaging the entire executive team and capabilities across the company Copyright © 2015 Accenture All rights reserved. CEO advances the importance of business continuity with the entire executive leadership team and board of directors CEO works hand in hand with CIO and other business leaders • On average, two C-suite executives are responsible for continuously monitoring and improving business resilience, with the CIO involved more than half the time Only half of executives in an Accenture Strategy survey stated they have a board-level committee in place focused on business resilience
  6. 6. 6 For resilience, actions speak louder than words Vital steps to make an enterprise resilient, agile and fault-tolerant Copyright © 2015 Accenture All rights reserved. Embrace a digital ecosystem: advantage of robust digital capabilities and technologies outside the enterprise Manage digitally: requires real-time orchestration of myriad internal and external services Institutionalize resilience: must be part of the fundamental operating model, and even culture
  7. 7. 7 Find out more Learn more at www.accenture.com/businessresilience Contact us to discuss how to drive technology innovation technology.strategy@accenture.com Copyright © 2015 Accenture All rights reserved.
  8. 8. 8 Join the conversation @AccentureStrat About Accenture Accenture is a global management consulting, technology services and outsourcing company, with approximately 323,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended August 31, 2014. Its home page is www.accenture.com. About Accenture Strategy Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership help drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy Copyright © 2015 Accenture All rights reserved.

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