Post-Covid World Shifting
Just over a year ago, the entire world had a seismic shift when COVID-19 caused global businesses to come to a halt.
In fact, the word ‘unprecedented’ was named People’s Choice 2020 word of the year by Dictonary.com. Unfortunately, times of crisis are boom times for cyberattacks. Criminals use the chaos to find vulnerabilities across the business ecosystem – people, processes, technology and vendors. To create cyber resilience against these attacks, we must understand how cybersecurity is shifting in our post-Covid world.
Remote Workers Increase Threat Landscape
The massive transition to working remotely exposed unknown vulnerabilities that greatly impacted organizations. Increased remote access to private data instantly increased the threat landscape, giving cyber criminals new territory to exploit.
Increase in Regulations
As cyber crime escalated, states and industry regulators increased their timelines and expectations toward cybersecurity. By 2022, almost every business will be touched by a compliance expectation from their state, industry or contracted vendors.
Increase in Cyber Crime
Cyber criminals took full advantage of the whirlwind the pandemic caused. Unprotected remote workers proved easy targets, causing a rapid rise in attacks.
States are Increasing Expectations
While state expectations for protecting data vary widely, we are seeing a trend in more states implementing proactive legislation for
- data protection
- data disposal
- breach notifications
Trickle Down Effect
As state and industry regulations increase fines and penalties, vendor compliance expectations also expand. Big businesses are requiring their vendors to get compliant or risk losing contracts.
CMMC escalated these expectations by requiring all DoD vendors to earn a certification in order to win contracts.
Cyber Resilience is the Path Forward
The Post-Covid world has taught us that building cyber resilience is the best way for your business to survive and thrive with these new threats that go across your business ecosystem. Start building cyber resilience today, before and you are attacked, miss a contract opportunity or get fined. Conact us today to get started.