The cybersecurity sector has seen strong growth for several years and has continued to grow with the advent of remote work. Working remotely has many benefits, but it also increases cyber threats, especially by connecting work devices to home networks.
A study by KPMG shows that 29% of executives now cite cybersecurity as the biggest impact on their business. And for good reason, according to the latest annual report from IBM Security, data breach costs hit a record $4.35 million for the companies surveyed.
Today, companies are actively fighting these cyberattacks and securing their devices and connections from employees’ homes every day. It has become important to combat the risk of phishing and cyber-attacks at the source.
The advent of remote work as a risk factor in cybersecurity
Opening the information system to the outside can create serious risks that can compromise the security of the entire company. The characteristics of the vast majority of cyberattacks are known and based primarily on human negligence.
Among the main risks to which the company is exposed, phishing is in the first place. By usurping the identity of a trusted third party using messages addressed to employees, attackers can succeed in stealing sensitive data (passwords, personal or banking information) from companies. The goals can be varied: hack into professional email accounts, gain access to information systems, or infiltrate a company’s network.
Another risk, and not least, is ransomware or ransomware, which consists of encrypting or preventing access to company data and demanding a ransom after successfully infiltrating a company network. These attacks can be accompanied by data theft and preliminary destruction of backups. To do this, a hacker breaks into a company’s network or hosted systems through its remote access or even through an employee’s workstation.
Thus, managers, Information Systems Security Managers (RSSIs) and Chief Information Officers (DSIs) play an important role in educating employees and protecting them from these attacks.
Ensuring end-to-end circuit
Using a single platform for remote work significantly reduces the risk of an attack. Using fewer different tools and software reduces the chance of falling victim to vulnerabilities that can be exploited by cybercriminals.
However, it is still critical for companies to carefully consider how their supplier handles security, data protection, and compliance issues. The first important area is the protection of information, especially at the level of physical security of cloud servers, data processing policies and regular security assessment processes. Certificates of conformity and certificates are a good way to confirm your supplier’s commitment to these aspects.
Platforms should also offer meeting administration options, such as mandatory participant authentication, password-based access control, and virtual waiting rooms, to protect your business from data loss and intruders.
The General Data Protection Regulation (GDPR) and the ever-increasing penalties associated with it also underline the importance of scrutinizing the processes and means a supplier has in place in terms of data protection. Moreover, 62% of companies do not “fully comply” with data protection regulations imposed on them, in particular the GDPR.
The spectrum of threats goes beyond data privacy and the GDPR. The security infrastructure of a UCaaS provider is, in fact, an important part of its security strategy. The provider must be transparent about the investments it has made to protect users and data on a daily basis against security threats and data loss.
If the security offered by the UCaaS service provider is weak, the company will be more exposed to the risks of data breaches, which can damage the value of its brand and its business.