Cyber incidents have overtaken hardware failures as the leading cause of IT downtime and data loss for U.K. businesses, particularly impacting large organizations. A survey by Databarracks highlights the growing threat of cyberattacks, which have caused job losses and supply chain disruptions. Despite rising confidence in crisis preparedness, many businesses still lack up-to-date recovery plans.

ANZ businesses overestimate cyber readiness amid resilience gap – SecurityBrief Australia
Summarize this content to a maximum of 60 words: ANZ businesses overestimate cyber readiness amid resilience gap SecurityBrief Australia