The World Economic Forum mainly concerns itself with high-level macroeconomic issues such as global recessions and world economic development. That’s why it was significant this week when the WEF cited cybersecurity as one of its “Top 10 Fallout” issues from COVID-19 in its Global Risks report.
Nearly 38 percent of those surveyed say changing work patterns will lead to increases in cybersecurity and fraud incidents.
“The constant flow of information on the virus, accompanied by fear, confusion and even the boredom of confinement, have multiplied opportunities for cybercriminals to deliver malware, ransomware and phishing scams,” said Algirde Pipikaite, the WEF’s project lead in its Center for Cybersecurity.
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