Heightened Cybersecurity Risks Resulting From COVID-19’s Effects on Operations: Companies Should Be Alert to Cybercriminals Exploiting Remote Working Vulnerabilities and Interest in COVID-19

Sullivan & Cromwell LLP - March 30, 2020
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Cybersecurity risks have increased substantially as companies across the globe have shifted to employees working remotely as a result of the COVID-19 pandemic.  Companies must balance these risks, upon which cybercriminals are seeking to capitalize, against the companies’ need to operate remotely.  In this memorandum, we identify cybersecurity threats that have been shown to be heightened in times of public crisis, and which have already been deployed against companies and individuals in the wake of the COVID-19 pandemic.  We also identify measures companies and individuals can take to protect against these threats.