Network security

Executives do not seem very confident about long-term network security in the era of WFH

After a somewhat awkward initial shift to remote working, it looks like hybrid offices are here to stay; at least for now. But a new report highlights concerns about the long-term resilience of remote networks.

Image: GettyImages / Laurence Dutton

On Wednesday, Sungard Availability Services released the results of a survey highlighting feelings about the future of hybrid work, essential tools for remote workers, and network security. While many companies plan for long-term remote operations, confidence in the security of their infrastructure does not really equate to confidence.

“As organizations plan to keep hybrid work in place full-time, they need to support it properly, which may require adjustments to their technologies or security policies,” said Shawn Burke, global head of security at Sungard AS, in a press release. “Now is the time to modernize your infrastructure and secure your environment to support a long-term remote workforce. ”

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Hybrid work and safety challenges

The shift to remote and hybrid working introduces new security challenges for businesses, as teleworkers connect for the virtual working day through their home networks using a mix of corporate and personal devices. Interestingly, feelings about future remote operations don’t seem to match the perceived levels of security needed to protect these models.

The vast majority of those polled (89%) said they think a “mix of remote and office work is the ideal work situation” after the upcoming Labor Day vacation, according to the report, and 83% plan to use these frames on this timeline. While three-quarters of companies have adopted a hybrid mode of working, only 21% “are fully convinced that the security of their infrastructure can support long-term remote working,” according to the report.

SEE: Juggling between remote work and child rearing is a colossal task. Here’s How Employers Can Help (Free PDF) (TechRepublic)

According to the raw data set, 56% of those surveyed said they were moderately confident that the ‘security of their company’s infrastructure can work in a long-term remote working model’ and 22 % were rather confident in these operations. While 66% of those surveyed were moderately confident that their security measures “against phishing or ransomware attacks are adequate” in a “predominantly virtual environment”, 25% said they were somewhat confident, based on of this raw data.

Cyber ​​security attacks are on the rise

In 2020, the total number of complaints reported to the FBI’s Internet Crime Complaint Center (IC3) increased 69% from 2019, according to a recent FBI / CIS advisory; between January and July 31 of this year, the number of complaints against ransomware increased by 62% compared to the same period last year. And the resulting ransomware payments are also on the rise.

In the first six months of 2021, ransomware payments increased 82% to an average of $ 570,000, according to the Unit 42 ransomware threat report. In the aftermath of the Colonial Pipeline attack, company paid more than $ 4 million for Darkside hackers, Wall Street Journal finds interview with the CEO. After the JBS attack, the company paid the REvil group $ 11 million.

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