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Critical Importance of Cyber Threat Intelligence for WFH Workforce16 April 2020 | Bernice McCallum
Incredibly, the Oxford Economics estimates that the COVID-19 pandemic will cost $1.1 trillion USD in economic losses globally, and is viewed by cybersecurity experts as the first biological virus to have a significant impact on the cybersecurity industry. Since COVID-19's emergence, threat actors have used and are continuously using the pandemic as the theme for malicious cyber activities that have already resulted in interruptions to hospital and government services.
So, how can organisations better prepare their staff and take proactive measures against these increased threats?
One of the best methods to mitigate against cyber threats is by active use of Cyber Threat Intelligence (CTI) to inform your organisation. Threat Intelligence is a part of cybersecurity that focuses on the collection, analysis and reporting of information on both current and emerging threats that can adversely impact the security posture of an organisation. It's a proactive security measure that helps prevent or mitigate the risk of data or security breaches.
CTI's main objective is to provide companies with an in-depth understanding and set of actionable insights into the cyber threats that pose the most significant risks to their infrastructure thereby enabling organisations to make informed, risk-based decisions. And ready or not, these risks extend to remote home offices as well.
Similar to dealing with the COVID-19 pandemic, dealing with cyber threats can be addressed with understanding, guidance, and the practice of good hygiene. Everyone's behaviour is instrumental in preventing the spread of dangerous infections, both online and in the physical world. The World Economic Forum provided three practical actions for users to stay safe online:
The immediate introduction of large-scale remote working raises cybersecurity risks. Be smart, stay informed, and get the latest insights on cyber threats from Digital14's Threat Intelligence Centre. Download Cyber Threats in the midst of the COVID-19 Pandemic report today.
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