As the COVID-19 pandemic continues to affect the worldwide economy, reports out of the United Kingdom highlight a significant increase in cybersecurity attacks on maritime industry stakeholders since February 2020. According to The Maritime Executive article “Report: Maritime Cyberattacks Have Quadrupled Since February,” The British Ports Association and a UK-based risk management firm
Protecting Trade Secrets and Confidential Information from the Side Effects of the Coronavirus
The coronavirus has had an incredible negative impact across the globe. Besides the obvious medical issues, the virus has multiple side effects: closed schools, devastated the economy, multiple “stay at home” orders across the country, etc. In order to continue to do business and comply with the stay at home orders, many employers are allowing employees to work from home. While this is likely a necessary move for many companies to continue to operate, it does raise added concerns for protecting trade secrets and other confidential information.
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Beware: COVID-19 Cybersecurity Scams Are on the Rise
The FBI and other government agencies are reporting a significant increase in COVID-19-specific cyberfraud schemes. According to reports, hackers have impersonated the World Health Organization, the Centers for Disease Control and Prevention, NATO, and even UNICEF and other charitable organizations. These bad actors have used phishing emails intended to spread malware and ransomware and have…