This Executive Brief by 11:11 Systems, titled "The Real Cost of Downtime in UK Finance," addresses the critical impact of cyber disruption, IT failures, and regulatory breaches on financial institutions in the UK. The document quantifies the operational, reputational, and regulatory costs of downtime, highlighting average data breach costs and per-minute IT downtime expenses for financial firms. It details the expectations of UK regulators, including the UK GDPR and FCA/PRA Operational Resilience Regulations, and the significant consequences of non-compliance. The brief introduces 11:11 Systems' Resilient Cloud Platform as a solution designed to achieve cyber resilience through modern infrastructure, offering Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and Security

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