Insurtech Magazine September 2023 | Page 88

and have invested in security systems that address any gaps in defences . In this way , hybrid working is less of a threat today than it was last year .
“ The shift to a hybrid and distributed workforce has inadvertently increased the attack surface area , as many employees use their own devices to access work applications and data . As a result , we ’ ve seen a rise in tactics such as phishing , with cybercriminals luring employees over emails to share login credentials or confidential information . This can then result in the loss of sensitive data , fraud , or network breaches .
“ Mobile phones are a particular cause for concern as they represent a data goldmine for cybercriminals . The Apple security flaw that allowed hackers to access devices and obtain work emails , confidential documents , and company data is a prime example of how this could be devastating to employees – but it also illustrates the potentially crippling impact on a business .”
Is the war in Ukraine a cyber factor ? Another emerging threat in the cyber risk landscape has been the war in Ukraine . According to a new report from insurance
88 September 2023