COVID-19’s Effects on Business Cybersecurity

Since the global pandemic, business cybersecurity is more vulnerable than ever. With more people working from home and businesses having less control over work systems, cyber criminals have taken advantage of unsecured, untested remote networks to wreak havoc on businesses and individuals. 

Cyber Attacks on the Rise

Cyber Intelligence Centers have witnessed a large increase in phishing, malware, and ransomware attacks. These cyber attack methods are popular among hackers due to their easy disguise, which many clients are vulnerable to believing.

A leading cyber threat since COVID-19 began is spear phishing. Spear phishing is a relatively new technique, which involves stealing sensitive information from specific victims. It is now the most used hacking method, with over 91% of cyberattacks being caused by spear phishing. 

When a hacker sees a business or individual is vulnerable due to exposed ports or lack of cybersecurity, they will often use these new methods as they are less detectable. Phishing is a common issue that many fall vulnerable to. It often uses methods to extract confidential or personal information from people through email, calls, or pop-ups. 

Since COVID-19 hit, companies have noticed a 250% rise in client communications that involve asking for cyberthreat help. Most of which is due to suspicious emails to business addresses. Thus, presenting how clients feel more vulnerable due to the rise of cyberattacks. More knowledge should be given to employees for businesses and individual data to be protected. 

Another issue that has spiked since COVID-19 is business data being published on leak sites. A few years ago, many businesses were at risk of having their assets shared on the dark web. Since the pandemic, this figure has increased by 60% and has become overwhelming for businesses to deal with alone. 

Cybersecurity Solutions

While cyber threats are increasing, businesses are looking for new and more advanced methods of protecting businesses and staff. Many turn to managed IT services providers to implement the newest security measures.

New implementations involve cloud migration to back up years of data. Cloud services offer seamless solutions to enhance the protection of businesses’ private, personal, and public data. Cloud protection is useful in the office as well as at home on personal computers. Hackers can access business data through personal devices, so ensuring cloud cover is installed on all systems will increase security. 

Another method many businesses are encouraged to implement is multi-factor authentication. Ensuring passwords are protected can decrease the risk of hackers being able to access systems and files easily. With two barriers to get through before entering the system, the method offers threat alerts. Alerts are immediate and can allow a business to detect a hacker and block them before harm is done. 

Looking Toward the Future

There is no cure for preventing hackers from breaching your data and assets. Unfortunately, cyber threats are an ongoing issue that is becoming ever more difficult to detect. But with the right cybersecurity in place, there is more chance of preventing or reducing cyber attacks. 

During the pandemic and while working from home, all businesses and employees are encouraged to upgrade software, retire old unused data, and introduce password protection. Working from home allows employees to allow more freedom, yet it can severely impact a cybersecurity business. Ensure you implement the appropriate methods on your computer and devices to remain protected.

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