And meanwhile, we have Equifax losing tons of valuable data due to a breach caused largely by how slowly they deploy, and how difficult it is for them to get rid of antiquated technology.
After many years in big enterprise, I've learned something important - the appearance of risk is more important than the existence of risk. Continuous delivery looks "risky". Slow, deliberate release cycles on a quarterly or even yearly basis look "safe", because "testing".
In practice, those quarterly deployments have far too many changes embedded in them all at once. Worse, teams race to get their features in under the deadline, knowing it can be months before they'll get another chance, leading to careless coding and inadequate testing. So, based on both my experience and a little beyond-common-sense logic, slow release cycles are more risky than fast ones.