The COVID-19 pandemic has intensified and product companies are now dealing with unfamiliar situations. Since companies are bound to run their operations remotely, opportunistic threat actors have increased their attacks that has increased the importance of cybersecurity.
Cybersecurity During Pandemic
During the COVID-19 pandemic, it's important that pre-emptive steps are taken to ensure the security of your business operations. Cyber attackers are more active than ever and are exploiting human nature and system vulnerabilities.
While working from home, employees and systems may be exposed to lose WiFi networks and unsecured devices. Security professionals are facing a unique set of challenges during this time and have already begun to see the consequences with coronavirus-themed threats.
Cyberattacks During COVID-19
According to a “Markets & Markets” report, the cybersecurity market will grow from $183.2 Billion in 2019 to $230 Billion by 2021 at a CAGR of 12%, amidst COVID-19.
FortiGuard Labs has reported 600 new phishing campaigns daily – a 131% increase in March, 2020 as compared to last year.
COVID-19 Related Threats in Q1, 2020
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