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Understanding cybersecurity threats during the COVID-19 pandemic

From day one, cybercriminals have been exploiting the coronavirus name.

COVID-19 has been a gateway for click-bait cybercrimes like phishing – a common vector for lucrative ransomware attacks.

This may sound intimidating. We are, after all, in the midst of a global crisis.

That said, by being prepared, and by being aware of the cybersecurity risks companies now face, businesses can protect their data.

Cybersecurity Risks During a Global Crisis

Cybersecurity professionals have made a career of mitigating threats. This involves understanding the current environment and establishing a plan of action should a breach take place.

Why is this important today? In just a short time, the coronavirus has made a substantial impact. It has affected organisations from around the world, and will continue to do so. It doesn’t matter how secure your technology may be, businesses from around the world need to prepare for repercussions involving:

  • Security and hardware shortages

  • Disgruntled former staff and other unemployed workers

  • Budget cuts, lack of technical skills and supply chain failure

  • “Fake” news and other false information that could be used in scams

The corporate landscape is evolving. Consumer patterns are changing as well, and so too are the patterns of cybercriminals.

What Is a Cybersecurity Risk Assessment?

Security departments are grappling with layoffs. They’re facing budget cuts. Some are experiencing network failure. And far too many falling prey to criminals who are using the pandemic as a tool for scams.

This is where Sumner Group GRC Limited (SG GRC) comes in. We will help you pinpoint your vulnerabilities and create a custom cybersecurity solution. Our objective is to protect clients during the coronavirus pandemic and beyond. To ensure your protection, we can help your business:

  • Understand your weaknesses. Our team of experts rely on analytics and strategy to understand our clients’ products, services and technical dependencies. We’ll complete a readiness response assessment to identify your vulnerabilities.

  • Develop a cutting-edge business continuity plan. Now more than ever, it’s vital that your core operations continue – with limited reliance on third-party suppliers. This is where your business continuity plan comes in.

  • Complete a disaster recovery plan. Though you want to avoid falling victim to scams, businesses must brace themselves for the worst. A disaster recovery plan will help you minimise disruption in the event of a cyberattack.

The most secure businesses are those which isolate their operations and services. With a cybersecurity risk assessment, you can learn to do just that – and keep your business safe and secure as we work to mitigate the global pandemic.

Avoid Coronavirus Scams and Complete Your Cybersecurity Risk Assessment Today

Take action today, and avoid falling victim to a cybercrime during the pandemic. SG GRC employs a team of highly-trained professionals who deliver top-quality cybersecurity risk assessments. Please contact us for details.

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