Work From Home

Amid 'work from home' trend cyber security risk increases.

With employees taking to work-from-home, cyber security threat multiplies.

Cybercriminals have also started to exploit fears around the COVID-19 to conduct email scams.

Deepak Bhawnani, CEO at Alea Consulting said: "Companies, large and small, will be impacted due to ramifications of work from home, as this will lead to cyber security risk concerns. Proprietary corporate data is being accessed from laptops and home PCs that may not have the same level of firewall and security as in-office setups.

Management and IT managers will subsequently need to reassess the risk to their data, and proactively evaluate their data loss prevention processes, as this can impact their reputation going forward, he added.

Further, cybercriminals have also started to exploit fears around the COVID-19 outbreak to conduct email scams, phishing and ransomware attacks.

Palo Alto Networks' Regional Vice President for India SAARC Anil Bhasin said: "Cyber-criminals have been exploiting fears around the COVID-19 outbreak to conduct email scams, phishing and ransomware attacks. These emails and messages entice users to open malicious attachments by offering more information related to the COVID-19 situation but contain malicious files masked under the guise of links, pdf, mp4 or docx files.a

With employees taking to work-from-home, cybersecurity threat multiplies, says Debasish Mukherjee, VP, Regional Sales APAC at SonicWall.

"These are exactly the times when hackers get creative with their malicious intent of hacking into devices and stealing data," Mukherjee said.

He noted that while caution is being exercised during this epidemic, there is a group of opportunistic cyber-criminals who have been preying on this fear by developing malicious links and apps to hack devices and steal data. From creating malicious links to developing otherwise unsuspecting apps, the hackers of the digital age are getting creative in executing their attacks.

Trishneet Arora, Founder and CEO of TAC Security noted that the low-security standards of home Wi-Fi systems, are a serious threat for the cybersecurity sector at the moment with data of millions of people at stake.

"A few isolated incidents of cyber crimes have already been seen with unsafe links leading to theft of sensitive data. For example, people are offering fake maps that show infected users, this requires the person to download software to generate fake maps, in turn making it a security concern," Arora said.

He observed that the role of cyber security companies at this moment is more critical than ever. It is essential at this moment to monitor baseline behaviours and any anomalous cyber activity should be looked into in real-time basis.