As if the coronavirus pandemic has not created enough of a headache for business owners, the change in the way which businesses are operating as a result of the pandemic has also led to a sharp spike in cybercrime. With such a high reliance on digital platforms now, all business owners need to be wary and take action to protect their business and customers.

Remote Work Creating Vulnerabilities

Remote work has become the new normal in 2020 and businesses have had to adapt to having entire workforces operating remotely. This can be challenging enough, but the reliance on digital platforms, teams using their own devices, VPNs and IT security teams being stretched has created vulnerabilities which cybercriminals are currently looking to exploit. The switch to remote contact between employees, customers, suppliers and others has broadened the cyber attack surface and given criminals more opportunities.

Advanced Attacks

Not only this, but cybercrime often adapts to the world around it and this is being seen right now with the pandemic. Hackers are using the changes in the world and the fear that it has created to succeed with malicious attacks online, such as phishing scams with emails claiming to be from the WHO or other recognizable brands encouraging them to provide sensitive data. These kind of attacks have become incredibly sophisticated and can be difficult to spot, so it is no surprise that people and businesses are falling victim to cybercrime more often during the pandemic.

How to Protect the Business

So, what action can be taken by a business to protect themselves from cybercrime during the pandemic? It is obviously important that staff have cybersecurity protection in place in the form of antivirus software, firewalls and VPNs for all of the devices that they use for work, but often attacks are successful due to employee negligence. This means that business owners should make cybersecurity training a priority during this time so that employees know how to protect important company data and avoid the latest cybersecurity scams.

In addition to this, businesses should also take out cyber insurance which can provide important protection in the event of a breach. This type of cover can cover your liabilities on media, data security, viruses and hacking as soon as an incident takes place, cover the costs attached to successful attacks and even ways to mitigate the damage.

The rise of cybercrime has added to the headache of the pandemic this year, but this is not an area that can be put on the back-burner. Cyber attacks have become incredibly advanced while businesses have become incredibly vulnerable due to the switch to remote work, so it is essential that business owners know what steps need to be taken to prevent attacks from happening and so that they can operate with confidence each day.