Data breaches are getting costlier and deadlier for careers. The average price tag for outages has surged to USD2.15 million in 2024 — up from USD1.56 million just last year. Even more sobering? Nearly 20% of companies report that outages resulted in staff getting fired.

This whitepaper from 451 Research, part of S&P Global Market Intelligence, reveals why true cyber resilience demands more than cutting-edge tools. Commissioned by Pure Storage, the research looks at the need to break down walls between security and IT teams, highlights why companies are pivoting toward hybrid cloud solutions that marry the speed of local backups with the security of cloud storage and shows that the future of data protection depends on collaboration between security and IT operations teams.

Key learnings:

• The hidden cost of ransomware: Why modern attacks can paralyze entire infrastructures for weeks, not just days
• Cloud vs. On-Premises showdown: Why 42% of companies are choosing hybrid cloud solutions for data protection
• The NIST Cybersecurity Framework decoded: A five-step battle plan for before, during, and after cyber attacks
• Inside the clean room: How forensics teams are using isolated environments to prevent virus spread during recovery
• The compliance bombshell: Why some companies are now tying executive compensation to security performance