Cyberattacks are a growing threat to businesses of all sizes. In particular, small businesses are increasingly becoming vulnerable to cyberattacks due to their lack of resources and niche knowledge. As such, cybercriminals often find them to be easy targets with minimal security measures in place.
Before the pandemic, many businesses were looking at digital transformations that included cloud migration. After the pandemic hit, 48% of businesses surveyed are fast-tracking their cloud migration and more than a third are looking at digitizing more processes using cloud-based technology. In general terms, the switch to cloud technology was predicated on the need for better security and collaboration to support remote and hybrid workplaces and to deal with disruptions in both business and consumer demands.
Hackers are getting more sophisticated, and the ongoing coronavirus pandemic has given them the space they need to launch new and more impactful attacks. Recently, it was reported that last year broke the record for the number of sophisticated cyber assaults called zero-day attacks — and that number is climbing. Now, the Cybersecurity and Infrastructure Security Agency (CISA) along with the National Security Agency (NSA) have warned businesses to expect an increase in cybercrime stemming from Russian hacking groups exploiting wartime disruption to perpetrate increased malicious activity.
Government agencies and social services organizations typically handle large amounts of sensitive and personal information about individuals that must be protected from cyber threats.
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