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Addressing Pandemic-Related Cyberattacks and the Legal Implications for Employers

New IdentityTheft Scam

Barron Dickinson of Allen Norton & Blue. Courtesy photos.

Due to the majority of the general workforce’s shift to remote work following the onset of the COVID-19 pandemic, the frequency of cyberattacks has dramatically increased by 600%.

According to the 2020 Cost of a Data Breach Report issued by IBM, the average total cost of a data breach is $3.86 million, and the average amount of time for a company to identify and contain a data breach is 280 days. In addition, 76% of the participants who were surveyed by IBM reported that remote work would likely increase the time necessary to identify and contain a data breach.

Source: on 2021-05-27 09:30:00

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