- The average Global 2000 company faces a $15,000 cost per minute after an incident or outage, Splunk study finds
- Customers are often the first to notice an incident, causing major reputational damage
- With many falsely identifying attacks as IT issues, greater observability is needed
New data from Splunk has claimed unplanned downtime now costs Global 2000 companies around $600 billion every year, which marks a 50% increase over the past two years.