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ARTICLE · 20 APRIL 2020

COVID-19 Toolkit: Cyber risks and exposures amid COVID-19

As businesses adapt to survive in this COVID-19 world, the steps they take may expose them to significant cyber risks.

AustraliaTechnology

The measures taken in Australia and other countries to control the spread of the Novel Coronavirus (COVID-19) have been unprecedented in modern times. The fallout from those measures on individuals, businesses and industries has been and will continue to be unprecedented.

As businesses and individuals do their very best to rapidly adapt and transform how they operate, they face significantly greater cyber exposures. Seasoned cyber criminals have not hesitated to leverage the upheaval for their own nefarious purposes and will target the already stretched healthcare sector. As a result, we expect to see an increase in the number of cyber security related incidents and claims, both directly under cyber policies as well as under technology, professional indemnity and potentially D&O policies.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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