How pen and paper comes to the rescue in an IT crisis

Published On Sep 26, 2024, 7:04 PM

A recent software update by CrowdStrike caused widespread disruptions across various industries, notably in the airline sector. The incident highlighted vulnerabilities in IT systems, compelling organizations like Norsk Hydro to revert to paper-based processes during cyber-attacks. Experts now recommend companies prepare for potential IT failures with training exercises and backup systems, emphasizing the importance of disaster recovery planning to ensure business continuity.

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Stock Forecasts

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Given the increasing incidences of cyber-attacks and the need for reliable security solutions within organizations, CrowdStrike's emphasis on cybersecurity improvements could lead to heightened demand for its services. This positions CrowdStrike well for growth as businesses prioritize cybersecurity investments.

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As organizations are forced to focus on disaster recovery plans and are likely to allocate more budget to IT security and resilience, firms involved in data security and recovery, like Databarracks, could see an uptick in business opportunities.

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