We have published our quarterly report for the first quarter of 2020.
We mark the outbreak of the COVID-19 virus as a systematic change for most businesses around the world. The immense pressure felt by many companies and organizations has the potential of evolving into “The perfect storm” in terms of ripe conditions for cyber-attacks, combining the following elements:
· Increased attack surface of organizations due to opening new remote access to core systems for workers and vendors.
· Mounting motivations for theft, sabotage or fraud a result of increased economic pressure.
· Bypassing or lowering security controls for user credentials and privilege management systems in order to meet business demands and remote work.
· Risk of diminishing abilities of security teams as a result of increased workload and decrease in available work power.
· HR shortage and objective difficulties of the new remote work model.
It appears that many businesses will require a lengthy recuperation period after the lockdown period ends. The short- and long-term repercussions are still unknown, and it is unclear whether additional outbreak waves will arrive, committing us to further lockdowns, specifically in the third fourth quarter of the year, when a new wave of winter-time outbreak is expected to occur.
Within this document we focus on summarizing Q1 strictly from the cybersecurity perspective and analyzing the alterations to existing cyber threats following the Covid-19 outbreak, alongside new emerging threats, in order to assist you in preparations and decision making in the cyber arena.
Read the full Report: ClearSky Q1 Summary report