New report finds IT leaders unprepared for evolving cyber threats

Over 80% of IT leaders experienced major cyberattacks, but many remain unprepared for complex recovery scenarios.

11:11 Systems highlights rising cyber recovery costs, limited testing, and mounting concerns over AI vulnerabilities.

A new global survey by 11:11 Systems highlights growing concerns among IT leaders over cyber incident recovery. More than 800 senior IT professionals across North America, Europe, and the Asia Pacific report a rising strain from evolving threats, staffing gaps, and limited clean-room infrastructure.

Over 80% of respondents experienced at least one major cyberattack in the past year, with more than half facing multiple incidents. Nearly half see recovery planning complexity as their top challenge, while over 80% say their organisations are overconfident in their recovery capabilities.

The survey also reveals that 74% believe integrating AI could increase cyberattack vulnerability. Despite this, 96% plan to invest in cyber incident recovery within the next 12 months, underlining its growing importance in budget strategies.

The financial stakes are high. Over 80% of respondents reported spending at least six figures during just one hour of downtime, with the top 5% incurring losses of over one million dollars per hour. Yet 30% of businesses do not test their recovery plans annually, despite these risks.

11:11 Systems’ CTO Justin Giardina said organisations must adopt a proactive, AI-driven approach to recovery. He emphasised the importance of advanced platforms, secure clean rooms, and tailored expertise to enhance cyber resilience and expedite recovery after incidents.

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