A Global Recession Will Fuel Cyber-Espionage

While the current pandemic crisis presents businesses with unprecedented economic challenges to their very existence, it has also created a tremendous level of cyber-risks. 

Heightened risks are present not only due to the significant numbers of individuals working from home, increasing the vulnerability landscape, but also because as states fall deeper into recessions, some may resort to cyber-espionage in an attempt to position better their post-pandemic political, economic, and industrial structures.

Regardless of the industry, the intellectual property (IP) of any organization is likely to be a precious target for foreign government-sponsored hackers...

Managing the crisis, in reality, can be much more complex and a nightmare for decision-makers. However, flexible, agile, and governments that are being flexible and adaptable while at the same time prioritizing their cybersecurity measures and counter-espionage efforts are more prone to survive the crisis as well as sustain domestic business operations with minimal loss. more