According to Ponemon Institute and IBM studies on cybersecurity, it costs about $7,900 per minute on average when an unplanned data center outage occurs in the United States. As fo... According to Ponemon Institute and IBM studies on cybersecurity, it costs about $7,900 per minute on average when an unplanned data center outage occurs in the United States. As for the annual cost of downtime to U.S. businesses, it costs about $700B, which includes revenue losses and maintenance costs. It takes 119 minutes or almost two hours on average to recover a total data center outage, which translates to $901,500 in damages.
Understand the Problem
The text provides statistics on the costs associated with unplanned data center outages in the United States, including both per-minute costs and total annual costs to businesses, as well as recovery time and associated damages.
Answer
$7,900/minute; $700B/year; 119 mins outage costs $901,500.
The Ponemon Institute and IBM studies estimate an average cost of $7,900 per minute for unplanned data center outages in the U.S. It costs about $700 billion annually in downtime, with an average recovery time of 119 minutes, amounting to $901,500 in damages per incident.
Answer for screen readers
The Ponemon Institute and IBM studies estimate an average cost of $7,900 per minute for unplanned data center outages in the U.S. It costs about $700 billion annually in downtime, with an average recovery time of 119 minutes, amounting to $901,500 in damages per incident.
More Information
These statistics highlight the significant financial impacts of data center outages and the importance of robust cybersecurity and backup systems.
Tips
Ensure accurate conversion of time and cost metrics when analyzing data on outages.
Sources
AI-generated content may contain errors. Please verify critical information
