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The coronavirus outbreak has had a huge impact on workplaces. Many companies are encouraging their employees to work from home. But this move creates a major risk- cybersecurity.
According to the FBI’s Internet Crime Report, cyber-attacks cost the U.S economy and small businesses about $2.7 billion in 2018 alone. Cybercriminals tend to target small businesses because they don’t have cutting-edge security infrastructures like big companies.
Experts warn that these attacks could get worse now that most employees are working from home. And even giant companies and big organizations are not spared. Earlier this month, the World Health Organization (WHO) reported a two-fold increase in cyber-attacks amid the spread of the coronavirus.
Unfortunately, most companies are not giving cybersecurity the attention it deserves right now. Everyone is prioritizing continued operations and safety. And elite cybercriminals know it’s the perfect time to launch attacks. If you’re wondering why, read on.
When one employee connects to their company network from home, they create potential access points for cybercriminals to exploit. So if you have many employees who do this many times a day, it can be an uphill task to ensure every connection is secure.
The attack surface is widened even more if employees use their own devices for work. Each device introduced new operating systems and platforms that need their dedicated support. And when numerous devices are used, the chances of hackers breaking into some of them increase significantly.
Multi-factor authentication (MFA) is one of the most effective defenses against cyber-attacks. And now that employees are not seeing each other, businesses that don’t have monitoring access points and two-factor authentication are more exposed to cyber-attacks than companies that use them.
Employees expect a lot of emails and online requests while working from home. And hackers are more likely to also take advantage of the fact that most people want new information about coronavirus. They might send your employees offers related to the virus or urgent instructions to get them to download malware and access company systems.
Now that you know how cyber-attacks might be unleashed, let’s look at what you and your employees can do to stay safe.
As government agencies, organizations and businesses encourage their employees to work from home to prevent coronavirus from spreading, cyber-security teams are more likely to face security challenges. The best way to combat this challenge is to prepare your employees and your infrastructure. For more information, please contact Insure Your Company.
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