As the world slowly crawls out of the aftermath of the pandemic and begins to try and find its way back into both new and usual ways of operating, we realise that every business, industry and operation was not excluded from the turmoil.
Cybersecurity was also no stranger to the chaos, with the earliest days of the pandemic opening up Pandora’s Box for cyber-criminals to exploit the vulnerability through targeted phishing attacks on freshly remote employees and placing ransomware attacks on hospitals.
As the year closed, the largest supply chain attack recorded in history was pulled off by hackers.
To survive and rapidly adapt to this unprecedented wave of chaos, enterprises underwent swift digital transformations and fatally overlooked their security considerations, unwittingly exposing themselves and their customers to cyber-threats.
Now, with vaccinations rolling out across the world, a sense of calm is coming to businesses. But where cybersecurity is concerned, the threats are still very real.
With UK Chancellor of the Exchequer Rishi Sunak forecasting an economic downturn, cybersecurity budgets remain resilient. Those affected by the pandemic are shown to be increasing their cybersecurity budgets by 8 per cent. Those less impacted are shown to be increasing by 22 per cent and over half of the organizations surveyed believe their current security levels are inadequate, with 15 per cent adding new security staff in response.
What this showcases is an awareness for more cybersecurity post-pandemic and economic hardship.
Mass Remote Working
Nothing affected businesses more in 2020 than the reliance on home-based working, to the point where the figures were unprecedented. It also is not going away anytime soon.
As physical offices reopen, more employees have adapted their lives to a home-based or hybrid work model. This requires businesses who ignored the need to change their IT infrastructure or used a quick fix to get them through the rough patch to now take long-term impacts towards home working networks and personal device use.
Enterprise security now has to be in a position to ensure full visibility into all connections across hybrid environments to maintain posture.
In the Clouds
This shift towards hybrid environments has long been in the making, but many did not expect their reliance on cloud adoption to happen in such quick order.
Enterprises were left scrambling to ensure viability through home working. Moving the infrastructure from the data centre and into the cloud to ensure the business could continue left a huge gap when it came to security control.
Moving forward, businesses will need to rethink their security considerations that have been majorly overlooked.