The corona pandemic has created a tremendous effect on businesses across the globe. The information technology, which was based on their cloud systems, departmental servers, data centers, and digital devices their remote staff used to connect to one another and the company’s data, is not more crucial. The need for digital infrastructure has peaked overnight.
Such cutting-edge technology becomes a bigger and more profitable target for cybercriminals. Cybersecurity efforts should be upgraded to mitigate a second crisis from taking place.
This article will give highlights of the technology risks to big companies around the world from cyberattacks. There are also some ways to better safeguard their data, technology, and other digital infrastructure at such times.
World Is A Small Place
A few more months and the world became connected like never before digitally. Before lockdowns, organizations had the employees gather at a common location to work. Now, they are all using highly advanced internet facilities to facilitate remote interactions to perform comfortably at home. At-home workers of financial institutions need to ensure interactions with one another and with clients about transactions managed on highly secure and private infrastructure. Companies are also counting on digital services to preserve the supply chain for essentials while preventing social contact.
Authorities are relying on digital platforms to encourage the public and maintain order. They interact with rapidly evolving rules, spreading critical psychological and physiological health information, exposing an onset of rumors, scams, and misinformation about fake remedies. They leverage these digital platforms to stimulate managers to pay remuneration and customers to avoid gathering medical supplies, food, and personal protective equipment.
The corona crisis across the globe has compelled the healthcare providers to turn to chat, email, phones, and telemedicine portals for remote diagnosis and counseling. Businesses are using digital infrastructure to render vital protective supplies for medical care and hygiene workers and counsel them to provide services safely.
A Surge of Cybercrimes Amid the Pandemic
The gush in communication and the wholesale shift to run businesses online have parallelly increased malware risk. A wide range of cyber threats has emerged with this. Businesses’ security levels are at the risk of being hampered. They require up-to-date surveillance and real-time risk evaluation for violations at both physical and digital entry points.
Risk management and security leaders must protect their businesses’ on a vast scale and rapidly. They should make sure that their company’s online services and digital platforms are durable against malware.
The IT firms are under immense pressure too. IT experts must expand remote working capacity to workers who hadn’t worked remotely in the past in some firms. Several IT departments are in the middle of employing new types of collaboration software. That can be essential to keep workers integrated; such software raises the risk of hacking fragile data that now dwells in less secure workspaces.
However, it’s challenging for IT firms to say no to this. Business leaders, managers, and employees require access to internal services and tools to run operations remotely. Because several businesses haven’t made these applications and information accessible on the web or VPN, security leaders hesitate to allow reach without severe access mechanisms.
A very few businesses were ready for their human resources to be working from home in mass. They now understand that safe remote-access capacity and secure access to organization systems have become a significant limitation.
Imposing company security norms and controls on the remote work staff is a challenging task. Most controls have restricted scalability and need much time to deploy. Some companies had to let workers use their digital devices to access business applications without any security control mechanisms. For most businesses, incident response plans and business continuation plans are not enough, especially during a pandemic.
Fraudsters know very well that several companies and their workers have opened doors wider for hacking. Cybercriminals are utilizing lengthy digital footprints and traffic to find weaknesses, drain off money. They release Covid-19 themed attacks by sending fraudulent emails with malicious attachments that drop viruses to hack the systems or steal data and credentials. Sham websites have also been requesting donations for daily wage earners via email links. Video Conference applications often used today for remote working have been hacked due to low systems. The latest instance of this is Zoom.
A Vigorous Cybersecurity Response
In this modern era and cutting edge technology, cybersecurity experts must readily confront the risks. They need to rapidly make their company’s remote human resources aware of frauds and then instruct them not to fall under their trap. Web-based or E-learning platforms are fruitful here. However, this is only for starters.
Additionally, IT security experts need to have a close eye on the medium and long-term, identifying that work from home may become the norm for many workers post Covid-19.
Another security efforts are employing technologies and solutions that are successful and quick to adopt, like those hosted in the cloud. Cloud-based security essentially reduces employment time. They also allow businesses to increase the thickness and depth of security protection quickly, depending on the cyberattacks at the moment.
Moreover, businesses that use safe remote access tech can give distant workers private access to business applications and systems. Enterprises can also leverage PAM – Privileged Access Management services to enable special remote access to their IT system admins.
There is a lot of buzz about what will happen after the pandemic because of already existing cybersecurity complications.
- A few businesses will need to shift to new operating methods.
- Companies will need to reset their security systems to make sure there are no loopholes.
- New cyberattacks that appear amid the pandemic must be understood.
- The company’s IT security infrastructure should get re-evaluated.
- Cutting-edge technology must be deployed, supported by big data, AI, and machine learning tools.
Future of Cybersecurity
As the companies adjust to the new normal, businesses will get compelled to reduce the costs and augment the digital evolution. Security leaders will have to aid these initiatives by using digital tech and service models. The pandemic has paved the way in the new era of cybersecurity. Cybersecurity experts will play a vital role in safeguarding their companies’ confidential data from unknown risks and malware.
Harnil Oza is CEO of Hyperlink InfoSystem, one of the leading app development companies in New York and India, having a team of the best app developers india who deliver the best mobile solutions mainly on Android and iOS platforms. He regularly contributes his knowledge on leading blogging sites.