Rise in Cybercrime as Criminals Exploit COVID-19 Pandemic - ResearchAndMarkets.com

April 28, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Apr 28, 2020--

ResearchAndMarkets.com published a new article on the IT security industry, “Rise in Cybercrime as Criminals Exploit COVID-19 Pandemic”

COVID-19 continues to spread across the world and cybercrime levels have been rising with it. Cybercriminals are taking advantage of the fear and uncertainty surrounding the coronavirus pandemic as well as the increased time spent online during social-distancing to trick people into releasing sensitive information. There has been a huge rise in COVID-19 themed phishing scams where criminals send emails that appear to come from hospitals or government agencies in order to trick people into downloading an attachment or giving them personally identifying information. The World Health Organisation recently warned of criminals sending emails posing as the WHO for such purposes.

ADVERTISEMENT

The rise in cybercrime also poses a severe threat to businesses who have been forced to switch to working from home during the pandemic; many with little time to prepare for the risks or train employees in recognizing cyber-attacks. Cybercriminals are taking advantage of the increased numbers of people working remotely to deploy ransomware attacks in order to exploit vulnerabilities in a company’s security. There has also been a rise in the use of social engineering tactics to gain access to confidential data. The increase in cybercrime has led to soaring demand for cybersecurity solutions from companies such as Barracuda Networks, Cisco Systems. BAE Systems, McAfee, Symantec, Radware and Illusive Networks Ltd.

To see the full article and a list of related reports on the market, visit “Rise in Cybercrime as Criminals Exploit COVID-19 Pandemic”

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

ADVERTISEMENT

View source version on businesswire.com:https://www.businesswire.com/news/home/20200428005481/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY PROFESSIONAL SERVICES SECURITY FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 04/28/2020 07:07 AM/DISC: 04/28/2020 07:07 AM

http://www.businesswire.com/news/home/20200428005481/en