Breach of Business "Availability" What is the Cost incurred?
Ashish Khanna
Chief Information Technology Officer | C-Suite Advisor | BISO & Cyber Security Consulting | Group IT Program Delivery | $40M IT Transformation | Heterogenous Enterprise Architecture | 2X Cost Optimization | Talent Mentor
In recent news, the CrowdStrike Falcon Sensor has been identified as the primary cause of a massive IT outage that affected Windows systems globally. The issue resulted in systems restarting and displaying the dreaded Blue Screen of Death (BSOD), causing significant disruption to businesses and individuals alike, impacting approx. 8.5 million windows devices impacted.
Let's say booting into safe mode and applying the "workaround" takes 5 minutes per host, Plus travel. Let's realistically say, Time per Host will be close to, 11 minutes per host
1.???? Time per host: 11 minutes
2.???? Number of hosts impacted worldwide: 8,500,000
3.???? Total time needed: 11?minutes/host × 8,500,000?hosts = 93,500,000 minutes
4.???? Converting minutes to hours: 93,500,000?minutes ÷ 60 = 1,558,333.33 hours
5.???? Number of technicians (techs): Assume n techs
6.???? Time per tech: Time?per?tech = 1,558,333.33?hours / n
7.???? Hourly FTE rate: Assume r $/hour
8.???? Cost of labor: Cost?of?labor = (1,558,333.33?hours / n?techs) × $ r?/hour
9.???? Lost productivity and revenue: Let's denote it as L $
10.? Total cost: Total?cost = Cost?of?labor + Lost?productivity?and?revenue
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11.? Total Cost = (1,558,333.33?hours / n?techs) × $ r?/hour + $ L
*$ = USD
Hypothetically:
1.???? Time per tech: 1,558,333.33?hours / 10,000?techs = 155.83?hours/tech
2.???? Cost of labor: Cost?of?labor = (1,558,333.33?hours / 10,000?techs) × 25?$ =155.83?hours/tech × 25?$/hour = 3,895.83?$/tech
3.???? Total?cost?of?labor = 3,895.83?$/tech × 10,000?techs = 38,958,333.33?$
4.?? With all the assumptions, Total?cost of Availability Breach = 38,958,333.33?$ + 10,000,000?$ =
48,958,333.33?$
This undoubtedly is the most expensive breach of business availability in history so far.
Strategy, Analysis & Investment Valuations
4 个月Well articulated quantification of probable loss
Ph.D, Founder, Editor-In-Chief at Top Cyber News MAGAZINE
4 个月Sharing. Ludmila MB for Top Cyber News MAGAZINE
Cyber Security, Governance & IT Risk Executive ? Data Privacy & Security ? 15+ yrs. Exp in Compliance ? Leading Security Culture Transformation for Orgs|
4 个月Thanks for sharing
Chief Technology Security Officer at CYB3R Specialist in Security Assurance Services | Managed Security Operations | Data Privacy | #BecauseYourSecurityMatters??
4 个月Very good qunification for incedint well done