The COVID-19 outbreak caught several businesses off guard, and the abrupt transition to remote working necessitated some improvised solutions to meet the needs of remote teams. As a result.
IT and security teams were often unaware whether the remote working teams had adequate security controls, secure Wi-Fi connections, or the latest security updates.
Remote working, which became necessary for business continuity during the pandemic times, resulted in a massive increase in cyber-attacks. Because of this emerging critical business paradigm, businesses must prioritize security and cyber-resilience in order to keep up with the evolving threat environment.
While returning to the “new normal” in 2021, companies must consider how to be cyber-resilient and safe.
COVID-19’s effect on cybersecurity
Cybersecurity is a critical consideration for all companies, and it became even more so in 2020, as attackers tried to capitalize on the social fear, confusion, and uncertainty created by the pandemic.
Furthermore, digital technology has become increasingly important in both professional and personal lives, and both individuals and businesses have been targeted by cyber-attacks.
Another important consideration is the total cost of security breaches caused by remote working. The Global average total cost of a data breach in 2020 was about US$ 3.86 million and the impact of remote work on the average price of a data breach could add up to another US $137,000, according to a study by IBM. Furthermore, hackers have discovered new malware to penetrate networks due to this remote move.
Full article: Ways to Boost Resilience in the Face of Cyber-Attacks