{"id":30294,"date":"2021-03-19T10:02:11","date_gmt":"2021-03-19T02:02:11","guid":{"rendered":"https:\/\/version-2.com\/?p=30294"},"modified":"2021-06-16T15:41:05","modified_gmt":"2021-06-16T07:41:05","slug":"covid-19-lockdowns-or-cybercrime-which-is-a-greater-threat-to-businesses","status":"publish","type":"post","link":"https:\/\/version-2.com\/zh\/2021\/03\/covid-19-lockdowns-or-cybercrime-which-is-a-greater-threat-to-businesses\/","title":{"rendered":"COVID-19 lockdowns or cybercrime \u2013 which is a greater threat to businesses?"},"content":{"rendered":"\t\t
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The pandemic has dealt many a blow to businesses across the world. Regional and national lockdowns have forced businesses to rapidly adapt their operations, and in many cases, close entirely. In addition, the move to mass remote working can leave business\u2019 systems and employees at greater risk, with remote workers more vulnerable to cybercrime. As part of its recent global research into financial technology, ESET examined the attitudes and perspectives of senior business leaders on what they saw as the bigger threat to the security of business’ finances in the next six months: another lockdown or cybercrime?<\/p>

While on the surface it may seem like a lockdown poses the bigger threat, halting organizations\u2019 ability to do their jobs and hindering access to workplaces, cybercrime may be just as worrisome, with 42% of respondents claiming that both a lockdown and cybercrime were equal in threat level. The sudden move to remote working brings with it a host of potential security issues, as employees are working from various locations, on a number of networks and devices, with a lack of access to IT departments and outside of a company\u2019s on-site security controls.<\/p>

In London alone, the first month of lockdown saw a\u00a072% surge<\/a>\u00a0in financial losses from cybercrime as criminals took advantage of the shift to home working. It is likely that London was not the only financial capital faced with an increased threat of cybercrime. In times of crisis, cybercriminals will continue to exploit human behavior, and a disparate and potentially disconnected employee network is ripe for the picking.<\/p>

Perhaps unsurprisingly, ESET\u2019s research revealed a variation in responses depending on both company size and industry. Sectors such as retail and hospitality have been some of the hardest hit by physical lockdowns, but they are also attractive targets for cybercriminals due to their databases rich with customers\u2019 sensitive details. Respondents that work in logistics or engineering roles were the most likely to select cybercrime as the bigger threat, while respondents in R&D and sales were the most likely to believe another lockdown to be the bigger threat.<\/p>

There is also no denying that businesses with deeper pockets are more equipped to weather the COVID-19-related storm from a financial perspective. However, a potential data breach as a result of a cyber-attack could prove fatal to both reputation and recovery for businesses of all sizes. Companies with between 250 and 499 employees were most likely to\u00a0view cybercrime as a bigger threat, compared to the businesses that saw a coronavirus lockdown as\u00a0a larger threat, which was highest in businesses of 2 to 9 employees. This could likely reflect the toll that COVID-19 has had on small businesses, which have fewer resources at their disposal to deal with shutdowns and changing physical restrictions.\u00a0 \u00a0<\/p>

We may not be there yet, but as the world attempts to move toward economic recovery, it is clear that lockdowns and the threat of cybercrime go hand in hand. As businesses navigate the ever-changing physical restrictions of COVID-19, they must also navigate an evolving threat landscape where financial cybercrime is increasing. Now, more than ever,\u00a0businesses need to invest in solutions that keep their employees and operations safe and secured<\/a>\u00a0\u2013 no matter the industry, size, or location.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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About Version 2 Digital<\/h3>

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.\n

\nThrough an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\n\t\t

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About ESET<\/strong>
For 30 years, ESET\u00ae has been developing industry-leading IT security software and services for businesses and consumers worldwide. With solutions ranging from endpoint security to encryption and two-factor authentication, ESET\u2019s high-performing, easy-to-use products give individuals and businesses the peace of mind to enjoy the full potential of their technology. ESET unobtrusively protects and monitors 24\/7, updating defenses in real time to keep users safe and businesses running without interruption. Evolving threats require an evolving IT security company. Backed by R&D facilities worldwide, ESET became the first IT security company to earn 100 Virus Bulletin VB100 awards, identifying every single \u201cin-the-wild\u201d malware without interruption since 2003.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The pandemic has dealt many a blow to businesses across […]<\/p>\n","protected":false},"author":143524195,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[461,40,61],"tags":[462,41],"class_list":["post-30294","post","type-post","status-publish","format-standard","hentry","category-year2021","category-eset","category-press-release","tag-462","tag-eset"],"acf":[],"yoast_head":"\nCOVID-19 lockdowns or cybercrime \u2013 which is a greater threat to businesses? - Version 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/version-2.com\/zh\/2021\/03\/covid-19-lockdowns-or-cybercrime-which-is-a-greater-threat-to-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 lockdowns or cybercrime \u2013 which is a greater threat to businesses? 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