Cybercrimes have increased during the pandemic as people work remotely. Data breaches, ransomware attacks, phishing attempts, and business email compromise scams targeting affected industries have all risen. Companies need to assess their cyber risks and strengthen security controls to mitigate threats like technical attacks on operations and financial data, as well as regulatory non-compliance. Investing in cybersecurity is important to avoid costly legal and financial consequences of attacks. HLB HAMT offers cybersecurity consulting services to help organizations develop risk-based strategies, implement controls, provide training, and choose the right tools.

1. Cybersecurity in Pandemic time
Our business is in the most disruptive times now, and the cybercrimes are
also at their peak, giving nightmares to the business owners. Now
cybersecurity is one of the priority agenda among all the C-suite members of a
business.
Cybercrimes are emerging to second place, with 33% per cent of all types of
business-related fraud. Cybercrimes are accelerated during the pandemic
mainly because of remote work scenarios.
Data breaches, ransomware attacks, BEC and phishing attempts have
increased during remote work; according to the sources, over 60000 emails
per day include COVID related attachments or malicious websites.
The following are some examples of socially engineered scams happening in
this pandemic time.
 Mails camouflaged as government announcements: Various mails are
focusing on phishing, carrying government institutions logo and unnatural links
related to COVID-19.
 Fake medical advice: – Mails are sent as attachments my mentioning secure
cures related to COVID-19 in the name of known medical providers.
 Charity: Mails in a phishing nature is sent in the name of pandemic to solicit
donation
 BEC Campaigns:- Campaigns are initiated to target the operationally affected
industries.
 Unverified websites and mobile apps: During the pandemic most of the
companies are forced to adopt remote working and for this they need to use
various IT tools and platforms. Many companies have not checked the reliability
of the platforms they are using, which exposes their company to cyberattacks
and related frauds.
As cyberattacks and frauds proliferate during the crisis, companies need to
assess their cyber risks and prepare for potential threats regularly.

2. Cyber risks are unique to each company based on the activities and the data
they are handling; like financial institutions and healthcare companies that
handle a large amount of critical personal data. So, the company needs to
explore the cyberattacks considering the following points;
 Technical and operational activity and data attacks
 Business and financial activity and data attacks
 Regulatory and compliance-related attacks
The risk of cyberattacks is high, which results in increased costs to the
companies to safeguard them. But investment in resources and related tools
for assessing and mitigating cyber risks might be less than the legal and
financial consequences caused due to a cyber-attack.
HLB HAMT has a perfect team and having the right expertise, we helps many
organizations in/ by;
 Developing a risk-based security strategy to strengthen the basic security
coverage.
 Implementing and scaling out security controls.
 Provide training to the workforce.
 Choosing the right tools.
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3. Cybersecurity in Pandemic time
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E-mail: dubai@hlbhamt.com
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