IT outages could cost $1m an hour.
| Position | INFORM - Brief article |
Businesses may be losing up to $lm for every hour of computer downtime they suffer, a survey of IT professionals has found.
Most respondents estimated the cost of one hour's downtime at between $250,000 and $500,000, but one in six of those polled by Globalscape said that $1m was a realistic figure. The research also found that 90 per cent of organisations were unexpectedly losing access to critical systems such as mail servers, back-end processors and file servers at least once a month.
Just over half of respondents said that no one in their organisations had been unable to...
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