Business continuity amid the COVID-19 lockdown is a big issue for all companies. Firms are not just at risk of facing outages, but also face continuous data security vulnerabilities and cyber threats. As per a study by PwC, the volume of cyberattacks on Indian companies has gone exponential as cybercriminals utilise the new work paradigm brought about by the COVID-19 outbreak to infiltrate corporate networks and steal data.
With the lockdown around the world, employees are expected to continue working remotely, which is undoubtedly a threat to most companies as the network perimeter has expanded radically. In the new work setting, fraudsters are using fake emails, websites, and VPAs (Virtual Payment Address) for fraud and social engineering.
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