PARCA eNews – May 8, 2020 – In a March 2020 consulting firm Deloitte issued a report entitled ‘COVID-19’s Impact on Cybersecurity’ showing that cybercriminals are capitalizing on the pandemic.
The report issued by the company’s Cyber Intelligence Center noted a spike in phishing attacks, malware and ransomware attacks since the COVID-19 crisis has prompted companies, government agencies and private institutions conduct more business via remote computer connections.
With employees working from home, connecting to organization networks cyber criminals are seeking to exploit gaps in security created by all the new remote connections.
The report urges organizations to take proactive steps by advising staff and customers to be more vigilant and cautious about opening links, emails or documents related to the subject of COVID-19. They also recommend organizations harden network security to detect and prevent intrusions.
You can read the full report here.
Cybersecurity firm Palo Alto Networks also issued a similar alert noting that over the past 12 months a cybercriminal organization called SilverTerrier according to the HIPAA Journal has been particularly active.
The group has conducted 2.1 million BEC attacks since it was first detected in 2014. Over the past few months the group has conducted an average of 92,739 attacks per month. Over the past 3 months the group has conducted more COVID-19 themed malware campaigns in Australia, Canada, Italy, the UK and US.
Sources: Deloitte report COVID-19’s impact on Cybersecurity and HIPAA Journal: Government Healthcare Agencies and COVID-19 Research Organizations Targeted by Nigerian BEC Scammers
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