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IT failures cost average of £410,000 – but half could easily be avoided, warns KPMG

From Computing.co.uk

"An IT failure costs an organisation an average of £410,000 per incident, but half of the issues that bring businesses grinding to a halt could be classed as avoidable.

That is according to a new report, titled the Technology Risk Radar, released by professional services firm KPMG, which examined IT failures at organisations over a period of 12 months.

The report comes shortly after RBS was fined £56 million for massive IT failures which caused major disruption to the company and its customers in 2012.

The research found that in addition to system downtime costing organisations an average of £410,000 in losses and repair costs, 776,000 people on average are affected by every IT failure.”

Read more at Computing.co.uk


NCC Weekly News Update 8 December 2014

 

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