The global economy is beginning its recovery from the COVID-19 pandemic, but many of the trends that were set in motion by the ‘great reset’ of 2020 will not be going away: the ‘new normal’ is here to stay. Remote working has become commonplace, many services that went online during the pandemic will remain there, and the digital transformation of companies and even entire industries will continue to accelerate.
An unwelcome – though inevitable – consequence of these trends has been a corresponding rise in cybercrime. Some commentators have even talked about a fuelled by rises in ransomware, data breaches and cloud-based security issues as criminals take advantage of the fast-moving situation.
According to , not only is this digital transformation increasing cyber risk, but it is also increasing reliance on third parties in order to compete in the digital economy. This means relying on third-party cloud and IoT providers, plus sharing data with suppliers providing such things as point-of-sale systems, HR systems and payrolls.
Taken together – the increased reliance on third parties, the increased sharing of data and network access, and new vulnerabilities…
