It has been reported that there has been a 25% increase in ransomware attacks in the first quarter of 2020 compared to the last quarter of 2019. Phishing attacks have soared, with criminals using the promise of Covid-19 information to lure people into providing personally identifiable information.
Whilst nearly all industries affected, financial services and healthcare account for half of all such attacks. The findings by the breach response team for insurer Beazley are discussed in this article in Insurance Journal.
“Cyber criminals are preying on people’s heightened anxiety during this pandemic, tricking them into clicking and sharing links that steal information,” said Katherine Keefe, head of BBR Services. Keefe also said that those working from home may have weaker IT security than corporate networks typically provide. “Organizations must ensure their security systems and protocols are up to date and ensure that colleagues working from home are extra vigilant,” she said.