As a result of the COVID-19 pandemic, there has been a marked shift in the way we work and use technology to stay connected and execute business. Many institutions are managing remote workforce security as states navigate the ongoing effects of the pandemic, leading to a variety of challenges, including addressing cybersecurity threats.
Understanding Remote Workforce Risks
As financial institutions continue remote work, criminals are adapting their tactics to target remote work environments in efforts to access your institution’s data, devices and users. There is a variety of cybersecurity risks for financial institutions to combat, including:
- Phishing: To capture sensitive data and spread malware, cyber criminals are launching rampant phishing attacks via email. As many employees transitioned to remote work in early 2020, phishing scams skyrocketed with attackers exploiting the need for information about the pandemic, as well as employees’ heightened stress and vulnerability. Phishing activity targeting personal email accounts has dramatically increased, and children are being specifically targeted in hackers’ attempts to compromise home networks and infiltrate work-from-home environments.
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