James Hodge, Chief Strategy Advisor for Europe at Splunk, has emphasized the critical need for cyber resilience among businesses, particularly in light of the increasing threat of cyber attacks. During discussions, he highlighted that certain sectors are more vulnerable to these attacks, which not only cause operational disruptions but also lead to substantial financial losses. Recent statistics indicate that 30% of all ransomware attacks are impacting Europe, as noted by Patrick Beggs, CISO of ConnectWise, at the IT Nation EMEA event. The rising costs associated with cyber incidents have prompted experts to call for enhanced preparedness and structured incident response strategies to mitigate risks.