Organisations feel risk of financial crime and cyberattacks increased due to remote working

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A new survey has revealed that 66% of organisations feel the risk of financial crime and cyberattack has increased as a result of remote working.

A survey by the Association of Compliance Officers in Ireland (ACOI) of more than 280 organisations has looked at the risks posed by remote working to organisational data breaches, financial cybercrime, and compliance issues.

According to the results, most organisations feel remote working has increased their exposure to financial crime and cyberattack.

Overall, the results reveal firms need to remain vigilant when it comes to IT infrastructure, cybersecurity and their digital management strategy.

Just 26% of those surveyed said financial crime and the risk of an attack did not become a greater consideration to their organisation since some of the workforce were redeployed to work from home.

This was an increase on last year when just 12% said it had “not at all” become a greater consideration since working from home.

A total of 66% of those surveyed feel the risk of financial crime and cyber-attack has increased as a result.

The survey also revealed that 28% of organisations experienced no new compliance issues as a result of…

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