Large figures like $53bn can sometimes be difficult to rationalise by businesses. However, the point that should be taken away from this study is that digital is a critical component of all businesses today. You’d be hard pushed to find any business that doesn’t have a reliance on digital in one form or another, in particular the cloud. Businesses should evaluate what would happen if their cloud services were compromised, breached, or unavailable. It’s imperative that businesses invest in threat detection and response capabilities that can not only alert on issues as they arise, but enable business resiliency to minimise customer impact.