The work-from-home culture made businesses rush to digitalise and bring their systems and data online for employees to access remotely.
But having more assets in the digital space also creates new vulnerabilities for attackers to exploit if business owners don’t implement proper cyber security precautions.
However, going virtual isn’t a panacea for all pandemic woes - digitalisation has a dark side that we must be equally vigilant against.The work-from-home (WFH) phenomenon made businesses rush to digitalise and bring their systems and data online for employees to access remotely.
Smaller companies could gate critical functions behind IT teams or empower them to monitor what employees are doing online. But for larger companies, the sheer number of people they need to oversee would just affect business agility and demotivate colleagues.
But having more assets in the digital space also creates new vulnerabilities for attackers to exploit if business owners don’t implement proper cyber security precautions. However, going virtual isn’t the solution for all pandemic woes – digitalisation has a dark side that we must be equally vigilant against.
Cyber crime rose by 600 percent due to COVID-19. Ransomware attacks are estimated to cost US$6 trillion annually by 2021. Companies can’t afford – literally and figuratively – to take cyber security lightly. In the WFH setup, every employee is a potential vulnerability. They must be properly trained to embrace cyber security and adopt responsible working protocols.
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