The Need for Compliance in a Post-COVID-19 World

The Need for Compliance in a Post-COVID-19 World
With the current upheaval, business leaders may lose focus and push off implementing security measures, managing risk, and keeping up with compliance requirements. That's a big mistake.

 It's clear that COVID-19 is changing the way people interact and work. But after the coronavirus subsides and life begins to return to normal, what will this "normal" look like?


Work as we know it will be changed forever. For example, employees once required to come into the office every day will embrace the convenience and freedom as well as personal time gained from teleworking. Businesses will have to re-examine current working conditions, such as the necessity of daily commutes, cramped cubicles, and rigid office hours, and more.


But cyberthreats will not change — and are likely to increase. Even before the pandemic, security experts estimated that cybercrime could cost the world trillions annually.  . Businesses of all sizes are targeted, with three out of five firms reporting an attack in 2019, according to the 2019 Hiscock Cyber Readiness Report. Though large companies are the most likely to be victims of cyberattacks, 47% of small companies reported an incident, and 63% of midsize companies reported attacks, the report found.


US and UK cybersecurity officials warn that state-backed hackers and online criminals are taking advantage of people's anxiety over COVID-19 to lure them into clicking on links and downloading attachments in phishing emails that contain malware or ransomware. Corporate networks could also be vulnerable to attacks if companies do not invest in providing their employees secure company laptops and set up virtual private networks (VPNs) or zero-trust access solutions.


With all of this upheaval, business leaders need to keep their guard up. It's easy to l ..

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