CybercrimeCybercrime attacks have skyrocketed during COVID-19, fuelled by reduced levels of security as employees home isolate.

Now, more than ever before, it’s vital that your business is protected. Criminals are becoming more adept at hacking into systems and cyber experts are advising business owners to improve their online safeguards.

Interpol reports cybercriminals are attacking the computer networks and systems of individuals, businesses and even global organisations at a time when focus has shifted to the health crisis.

Interpol lists the following types of cyberattacks –

Malicious domains: There are a considerable number of registered domains on the Internet that contain the terms: “coronavirus”, “corona-virus”, “covid19” and “covid-19”. While some are legitimate websites, cybercriminals are creating thousands of new sites every day to carry out spam campaigns, phishing or to spread malware.

Malware: Cybercriminals are taking advantage of the widespread global communications on the coronavirus to mask their activities. Malware, spyware and Trojans have been found embedded in interactive coronavirus maps and websites. Spam emails are also tricking users into clicking on links that download malware to their computers or mobile devices.

Ransomware: Hospitals, medical centres and public institutions are being targeted by cybercriminals for ransomware attacks – since they are overwhelmed with the health crisis and cannot afford to be locked out of their systems, the criminals believe they are likely to pay the ransom. The ransomware can enter their systems through emails containing infected links or attachments, compromised employee credentials, or by exploiting a vulnerability in the system.

Read more: https://www.interpol.int/en/Crimes/Cybercrime/COVID-19-cyberthreats

Rising reports of cybercrime in Australia

The Australian Cyber Security Centre has observed an increase in COVID-19 themed malicious cyber activity in the country, both for private businesses and government departments.

In April, for example, a major cyber-security breach at Service NSW was sparked by a phishing scam, which illegally accessed the emails of 47 staff members.

Fortunately, awareness about the importance cyber security strategies is also rising.

A recent study by BDO and AusCERT found a shift in attitude towards cyber security. Organisations no longer view it as a short-term challenge that can be solved with isolated investments in technological safeguards. CEOs now understand it needs to be incorporated into their business.

“Decision makers are focusing less on ‘silver-bullet’ technology solutions and more on establishing enterprise-wide processes to better prepare their companies for cyber incidents,” said Leon Fouche, the leader of BDO’s Cyber Security practice in Australia.

“Our latest research shows companies with more senior stakeholders involved in cyber security adopt a more holistic approach to effectively managing cyber risk – and it’s paying off.”

The researchers identified five measures that businesses can take to make their operations 30% more resilient to cyber incidents.

The first is to appoint a Chief Information Security Officer (CISO). BDO found the number of CISO’s surged 46% between 2018 and 2019.

The second is to establish a Security Operations Centre – a dedicated hub designed to detect, contain and recover from cyber threats. The third is to minimise insider faults through cyber security awareness programs for staff. The fourth is to ensure there are third party/vendor risk assessments for other stakeholders.

Finally, companies need to devise cyber security incident response plans.

How Cameron Recruitment can help

According to Cybersecurity Insiders’ 2019 Cloud Security Report, there is a significant shortage of qualified cybersecurity staff and a lack of security awareness and skills among all employees.

In its 2019 competitiveness plan for Australia’s cybersecurity industry, the Australian Cyber Security Growth Network, AustCyber, estimated Australia could need almost 17,000 additional cyber security workers by 2026.

Cameron Recruitment specialises in finding the right cyber security & IT professionals for organisations – from both within Australia and overseas.

Whether you are seeking permanent or contract staff, we can assist with roles including:

• Cyber Security Analyst

• Penetration Tester

• Security Engineer

• Security Architect

• Information Security Manager

• CISO

• Governance, Risk and Compliance

• Business Development roles within cyber security

• Plus a range of IT roles

To find out more, contact Cameron Recruitment on (02) 8853 7838.