Scarinci Hollenbeck, LLC, LLCScarinci Hollenbeck, LLC, LLC

Firm Insights

Bolstering Your COVID-19 Cybersecurity Procedures to Address a Risky Remote Workforce

Author: Scarinci Hollenbeck, LLC

Date: April 27, 2020

Key Contacts

Back

Cybercriminals are hoping to capitalize on the uncertainty and stress caused by the COVID-19 pandemic to steal valuable business data…

Many Americans are currently working from home, often trying to home school their children and keep up with demanding jobs. Unbeknownst to them, they are also in the crosshairs of cybercriminals, who are hoping to capitalize on the uncertainty and stress caused by the coronavirus (COVID-19) to steal valuable business data.

Bolstering Your COVID-19 Cybersecurity Procedures to Address a Risky Remote Workforce

There has already been a reported uptick in COVID-19-themed phishing emails. According to Google, it blocked 18 million COVID-19 themed phishing emails in one week. Many contain links to what appear to be reputable organizations, such as the Centers for Disease Control (CDC) or the World Health Organization (WHO). Others reference programs such as the Paycheck Protection Program to entice users to click on malicious links.

While many aspects of the pandemic are out of our control, there are steps that businesses can take to strengthen their cybersecurity procedures and protect their valuable business data. Below are a few tips:

  • Provide training to employees: Many employees are not technology experts, particularly with regard to network and device security.

Businesses should provide detailed guidance regarding issues like:

  • Enabling the proper security settings on all software platforms;
  • Setting strong passwords for home routers;
  • Using a VPN (virtual private network) connection; and 
  • Performing regular security updates.
  • Enable multi-factor authentication: Employers should enable multi-factor authentication, which requires users to enter both a password and a one-time code sent via text or email, in order to log into business platforms, business-related software programs, cloud-based services, online communication tools, etc.
  • Require data to be saved on the company’s network: Employees should be cautioned against saving data outside the company’s secure network, such as on their home devices. These devices are often less secure and more vulnerable to attack. Similarly, employees should also be advised to exclusively use their company email account rather than a personal email account.
  • Limit access to sensitive data: Every employee working from home does not need full access to your network. To better safeguard your data, restrict network access to the minimum level required for workers to complete their specific job function or role.
  • Remind employees to use different passwords for each platform: Employees are likely using a variety of online tools to work remotely, from virtual meeting platforms to cloud-based accounting software. To minimize the impact of a potential data breach impacting one of these providers, employees should create a unique username and password for each platform. That way, if one platform has their data stolen, the same information can’t be used to access additional platforms.
  • Stress the importance of conducting due diligence: Your staff is both your greatest asset and your greatest weakness when it comes to cybersecurity. Employees should understand that COVID-19 will likely result in an uptick in threats to your organization and the potential consequences of failing to exercise due diligence. Basic reminders to not click links on unsolicited emails or open attachments from unknown sources can go a long way.
  • Warn against giving out sensitive information via email: Business email compromise (BEC) scams, in which perpetrators compromise legitimate business e-mail accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds, were already on the rise prior to the pandemic. With employees no longer working in a central office and communicating largely via email, BEC scams are becoming more prevalent and more successful. Therefore, employees must understand the importance of conducting due diligence when responding to electronic requests to provide credentials, facilitate a financial transaction, or share confidential data.

Red flags of BEC scams include:

  • Last minute changes in wire instructions or recipient account information;
  • Last minute changes in established communication platforms or email account addresses; and
  • Communications only in email and refusal to communicate via telephone or online voice or video platforms
  • Verify that third-parties have strong cyber policies in place: Your employees are not your only potential vulnerability. Third-party vendors and business partners are also likely dealing with the same challenges, including an expanded remote workforce. Thus, it is important to verify that they also have robust data privacy and cybersecurity procedures in place to safeguard your business information.

Key Takeaway

Cybercriminals often use times of crisis to their advantage. The rapid and sudden increase in teleworking further exacerbates this threat. To ensure that your company is protected, now is the time to review your cybersecurity policies and procedures for potential weaknesses and make sure your employees are well-trained in how to best safeguard your business data.

If you have questions, please contact us

If you have any questions or if you would like to discuss the matter further, please contact the Scarinci Hollenbeck attorney with whom you work, at 201-896-4100.

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Scarinci Hollenbeck, LLC, LLC

Related Posts

See all
Section 363 Sales in Bankruptcy: What Businesses, Lenders, and Buyers Need to Know post image

Section 363 Sales in Bankruptcy: What Businesses, Lenders, and Buyers Need to Know

When a company enters Chapter 11 bankruptcy, many assume the process will culminate in a lengthy reorganization plan. However, distressed businesses are increasingly being sold through a different mechanism — a sale under Section 363 of the United States Bankruptcy Code. A Section 363 sale allows a company, as a debtor-in-possession in bankruptcy, to sell […]

Author: John D. Giampolo

Link to post with title - "Section 363 Sales in Bankruptcy: What Businesses, Lenders, and Buyers Need to Know"
Zoning Laws Explained: What You Need to Know Before Buying Property post image

Zoning Laws Explained: What You Need to Know Before Buying Property

Before buying property, it is critical to determine whether local zoning laws may affect your plans. If you plan to redevelop the property, you will want to confirm that local zoning regulations permit development as intended. If acquiring property that is already developed, you must verify that the use is permitted in the underlying zoning […]

Author: Wendy Rubinstein Quiroga

Link to post with title - "Zoning Laws Explained: What You Need to Know Before Buying Property"
Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future post image

Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future

For parents of a child with a disability, estate planning raises concerns that go well beyond deciding who will inherit their assets. Parents may spend years making sure their child has the right care, services, and support. Eventually, they must also confront a difficult question: Who will take over when they can no longer do […]

Author: George McGowan

Link to post with title - "Special Needs Trusts in New Jersey: Planning for Your Loved One’s Future"
What Every Real Estate Investor Should Know Before Buying a Rental Property post image

What Every Real Estate Investor Should Know Before Buying a Rental Property

Before buying a New Jersey rental property, an investor should verify realistic operating numbers, the property’s legal and regulatory status, lead-based paint and flood compliance, the existing leases and tenant protections, and the right ownership structure. A rental property is more than a piece of real estate; it is an operating business subject to legal, […]

Author: Donald M. Pepe

Link to post with title - "What Every Real Estate Investor Should Know Before Buying a Rental Property"
Can You Change an Irrevocable Trust in New Jersey? post image

Can You Change an Irrevocable Trust in New Jersey?

In New Jersey, an irrevocable trust can sometimes be modified even though its name suggests otherwise, and one of the primary tools for doing so is a process called decanting. Whether decanting is available depends on the specific terms of the trust and the discretion given to the trustee. Key takeaways: New Jersey has no […]

Author: Marc J. Comer

Link to post with title - "Can You Change an Irrevocable Trust in New Jersey?"
How Intellectual Property Valuation Will Impact Business Transactions post image

How Intellectual Property Valuation Will Impact Business Transactions

Intellectual property valuation determines the monetary value of a business’s IP assets, and it drives outcomes in licensing deals, joint ventures, mergers and acquisitions, financing, and ownership disputes. The most valuable assets of a business are often the things that cannot be seen or touched: a proprietary process, a copyrighted work, brand recognition, or the […]

Author: Jay McDaniel

Link to post with title - "How Intellectual Property Valuation Will Impact Business Transactions"

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Sign up to get the latest from our attorneys!

Explore What Matters Most to You.

Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.

Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.

Let`s get in touch!

* The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. Message frequency may vary. You can reply STOP to opt-out of further messaging.
“If you would like to submit a file, please email it directly to info@sh-law.com.

Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!