COVID Is A Cyber Attack Enabler

 Friday, October 23, 2020

 Risk & Insurance

Amid the COVID-19 outbreak, many companies have transitioned to an at-home workforce. While remote work itself is not new, the sheer volume of companies deploying technology to stay productive and connected is greater than ever before, potentially proliferating cyber security risk.

“Over the last several years, we’ve seen more businesses with the capacity for remote work, but the pandemic has obviously accelerated this,” said Robert Pizarro, vice president of commercial specialty at AmTrust Financial Services, Inc.

“With that, the need to share and exchange data between coworkers and vendors has never been greater. And that can create more opportunities for data compromise.”

Most experts agree that the essential tenets of cyber security that existed before the pandemic hit remain unchanged. Threats such as ransomware and phishing, spoofing and social engineering schemes continue unabated.

What has changed are the conditions of the workplace which now technologically, psychologically and physically render companies more vulnerable to attack.
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