Long Road to Recovery: Fastly Research Reveals Businesses Taking 25% Longer to Recover From Cybersecurity Incidents Than Expected [Yahoo! Finance]
Fastly, Inc. Class A (FSLY)
Last fastly, inc. class a earnings: 2/20 04:05 pm
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Source: Yahoo! Finance
SAN FRANCISCO, November 19, 2024 BUSINESS WIRE Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, has launched its latest annual Global Security Research Report , revealing a rise in the time it takes businesses to recover from cyber incidents. In 2024, businesses reported taking an average of 7.3 months to recover from cybersecurity breaches - 25% longer than expected and over a month past the anticipated timeline of 5.9 months. Recovery times were even worse for companies that planned on cutting back cybersecurity spending. They faced an average of 68 incidents each – 70% above the average – and their recovery times stretched to 10.9 months, more than five months longer than those maintaining or increasing their budgets. With attacks becoming more prevalent and taking longer to recover from, not surprisingly, the report found that 87% of businesses do plan to increase investment in security tools over the next 12 months, an 11% year-on-year rise. However, despi
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FSLY
Earnings
- 11/6/24 - Beat
FSLY
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/11/24 - Form 4
- FSLY's page on the SEC website