--- title: "Cisco cites Splunk study estimating Global 2000 downtime costs at $600 billion annually" type: "News" locale: "en" url: "https://longbridge.com/en/news/286908870.md" description: "Cisco, in collaboration with Splunk and Oxford Economics, reported that unplanned downtime costs for Global 2000 companies reach $600 billion annually, a 50% increase in two years. Average downtime costs $15,000 per minute, with a 3.4% stock-price drop post-incident. Each organization loses about $95 million in revenue yearly, with ransomware payouts averaging $40 million and regulatory fines at $51 million. Customer churn is a significant risk, with 81% of tech leaders noting losses due to outages." datetime: "2026-05-19T12:05:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286908870.md) - [en](https://longbridge.com/en/news/286908870.md) - [zh-HK](https://longbridge.com/zh-HK/news/286908870.md) --- # Cisco cites Splunk study estimating Global 2000 downtime costs at $600 billion annually - Cisco released new Splunk research with Oxford Economics estimating unplanned downtime costs for Global 2000 companies at USD 600 billion a year, up 50% over the past two years. \* The study pegged average downtime at USD 15,000 per minute, with an average 3.4% stock-price decline following a single incident. \* It estimated USD 95 million in annual lost revenue per organization, nearly double the level seen in 2024. \* Ransomware payouts averaged USD 40 million, nearly triple since 2024, while regulatory fines averaged USD 51 million per organization. \* Customer churn emerged as a key risk, with 81% of technology leaders citing customer losses tied to outages. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cisco Systems Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF61883) on May 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [CSCO.US](https://longbridge.com/en/quote/CSCO.US.md) - [IGV.US](https://longbridge.com/en/quote/IGV.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SNSR.US](https://longbridge.com/en/quote/SNSR.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [CSCL.US](https://longbridge.com/en/quote/CSCL.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [XSW.US](https://longbridge.com/en/quote/XSW.US.md) - [CSCS.US](https://longbridge.com/en/quote/CSCS.US.md) - [NXTG.US](https://longbridge.com/en/quote/NXTG.US.md) ## Related News & Research - [CISCO REPORTS THIRD QUARTER EARNINGS | CSCO Stock News](https://longbridge.com/en/news/286309178.md) - [BUZZ-Street View: Cisco's beat-and-raise quarter pushes all the right buttons](https://longbridge.com/en/news/286389369.md) - [Cisco lifts AI orders forecast to $9B, cuts 4,000 jobs](https://longbridge.com/en/news/286612020.md) - [Cisco hosts Cisco Live 2026, highlights AI-era skills and certification training](https://longbridge.com/en/news/286950427.md) - [Cisco CEO says tech is entering a 'networking supercycle' as stock pops 14% on strong AI demand](https://longbridge.com/en/news/286433582.md)