Building better technology resilience in an era of increased cyber instability
source: KPMG
published: date unknown
More than 600,000 UK businesses were hit by a cyber attack over the past year¹ and the National Cyber Security Centre managed more than 200 incidents on the UK’s critical national infrastructure. As business and cyber security leaders assess their own resilience, the concept of the Minimum Viable Company is moving up the agenda. This article explains why and what it takes to build one.
What is an MVC?
A Minimum Viable Company (MVC) defines the minimum set of capabilities, data, technology, people and third parties an organisation needs to keep operating during a crisis, particularly when critical digital services are compromised.
The idea started life in cybersecurity continuity planning. Today, it's grown into a full technology resilience strategy, covering not just cyber incidents but geopolitical instability, supply chain failures and cloud outages.
"Business resilience now depends on preparing for severe, systemic digital disruption. That means shifting from a focus on preventing incidents to instead prioritising the ability to ensure it can recover rapidly when major disruptions occur."
Tom Bragg, Cloud Director
KPMG LLP
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