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KPMG: Hackers exploiting global uncertainty during Covid-19 pandemic

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Globally, the outbreak of Covid-19 poses a challenge to many businesses, also impacting information security as ill-wishing threat actors actively seek to exploit the situation.

Tan Kim Chuan, Head of Forensic at KPMG Malaysia, said those with ill intent are playing on the uncertainty of the situation coupled with isolation from social distancing to spread fake news and trick people into divulging their online banking details. While pointed out that with just one careless step someone can become a victim of fraud and lose more in what is already a difficult situation.

According to Tan, cybercrimes and scams have been successful because of its simplicity and it doesn’t require complicated countermeasures to prevent cyber incidents.

Hence, as an immediate measure, companies should focus on embedding pragmatic remote working security controls to deal with COVID-19 themed threats.

Click to read the full article published in Lifeatpc

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