Breach of Business "Availability" What is the Cost incurred?

Breach of Business "Availability" What is the Cost incurred?

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

11.? Total Cost = (1,558,333.33?hours / n?techs) × $ r?/hour + $ L

*$ = USD

Hypothetically:

  • Number of techies involved worldwide (n) = 10,000
  • Average Hourly FTE rate (r) = $25/hour
  • Lost productivity and revenue (L) = $10,000,000 (Assuming an extremely small impact, as few organizations see IT and Cyber ubiquitously as non-business enabler)

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.


Vipul Gupta, CFA, CA

Strategy, Analysis & Investment Valuations

4 个月

Well articulated quantification of probable loss

回复
Dr. Ludmila Morozova-Buss

Ph.D, Founder, Editor-In-Chief at Top Cyber News MAGAZINE

4 个月

Sharing. Ludmila MB for Top Cyber News MAGAZINE

Shruti Khanna

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

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Mahmoud Yassin

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

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