Despite the high ratio of intelligent work-from-home (WFH) business professionals, the current cybersecurity landscape for that work model could best be described as disorganized and dysfunctional. Hackers have been busy exploiting these cyber risks, as evidenced from the reported 300-percent increase in cybercrimes in just the first quarter of 2020.
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In the more than 791,790 cybercrimes reported throughout 2020, the total losses exceed $4.1 billion. For small or family-owned businesses, losses from a cyberattack could be unrecoverable and have ripple effects for years to come. The swift shift to remote work at the onset of the Covid-19 pandemic only exacerbated flawed and often stop-gap cybersecurity plans. Now, more than a year into virtual work for many Americans, it’s clear businesses can’t wait any longer to fully invest in cybersecurity for team members, programs, and education as WFH is here to stay.
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