Microsoft recently concluded a survey of nearly 800 business leaders of companies of more than 500 employees in India, Germany, the United Kingdom and the United States to better understand their views of the pandemic threat landscape, implications for budgets and staffing, and how they feel the pandemic could reshape the cyber-security long-term.
The report showed an alarming increase in phishing scams, security budgets, and how cloud-based technologies and architectures like Zero Trust are significant areas of investment for businesses to develop their contingency plans.
The report also lists the top 5 ways the pandemic is changing cybersecurity in the long-term:
- Security being the most important factor in the remote work environment, for many businesses Multi-Factor Authentication(MFA) adoption, has been an important decision.
- Zero Trust is the new hero. According to the report, 51% of business leaders are speeding up the deployment of Zero Trust capabilities.
- Cloud-based filters have helped track down suspicion threat activities even before they reached the customers.
- For businesses, the focus should be on regular risk evaluation and comprehensive cyber resilience strategy. Cloud makes it simpler and helps develop contingency plans.
- COVID-19 exhibited the need for integrated security solutions for companies of all sizes.
To see what are the top 5 Cybersecurity investments since the beginning of the pandemic and investments through the end of 2020, click here.
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