Public fear leads to hacking opportunities
The rise of COVID-19 has seen a significant change in the way
many industries and corporations conduct their day to day work.
While remote working arrangements are not new, we are seeing more
employees than ever moving to such arrangements across the globe
leading to many companies scrambling to set-up adequate IT systems
and provide access to the basic work tools needed to conduct their
jobs efficiently.
At the same time, we are seeing a significant increase in
cybercrimes exploiting existing vulnerabilities as well as new
vulnerabilities arising out of the increase in remote working
arrangements. Cyber incidents have been tailored to the pandemic
with malware circulating in the form of phone applications updating
users on incidents of the virus as well as phishing emails claiming
to be sent by major health organizations around the world.