Coronavirus Cybersecurity Fallout Might Not Be Felt for Weeks or Longer

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Federal security officials have urged companies to step up their cybersecurity as millions of workers across the country pivot to remote work in light of the COVID-19 pandemic.

Security experts said that if hackers do break into company servers, the true fallout might not be felt right away. Nicolas Fischbach, the chief technology officer of the cybersecurity firm Forcepoint LLC, said cybercriminal organizations and nation-state hackers will be patient so that they can “get to more data” and “learn more about the environment.”

Stephen Breidenbach, a cybersecurity and privacy lawyer at Moritt Hock & Hamroff LLP, echoed that belief. According to Breidenbach, sophisticated hackers could gain access to servers through remote work devices and snoop quietly so as to gather bank account numbers, trade secrets, or valuable personal information. Breidenbach cautioned that the hackers could bide their times for years before making it clear that they accessed valuable information and assets.

The key, experts said, is for IT staff to help workers remain productive by making available the best technology while simultaneously scaling up cybersecurity over time to keep rebuffing hackers.

source: WSJ

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