The cybersecurity landscape has “come some way” since the COVID-19 pandemic broke out in March 2020, wrote WiPro President and Chief Operating Officer Bhanumurthy B.M. in introducing the fourth edition of the IT services company’s State of Cybersecurity Report.
“What started as a medical crisis and transformed into an economic and social crisis is being used by threat actors for targeted campaigns,” he said. “Global trade wars are taking shape and could lead to cyber espionage. Stringent data privacy regulations and rising cybersecurity concerns in boardrooms are bringing more focus and accountability on executive management.”
The comprehensive report, whose data is gleaned from a four-month research effort across 194 organizations worldwide and 21 academic, institutional and technology partners, not only considers the impact of the pandemic on cybersecurity but also suggests pathways to adapt to the new normal.
Of the top line data, two forward looking findings stand out:
Here are some of WiPro’s additional findings by the numbers:
"There is a significant shift in global trends like rapid innovation to mitigate evolving threats, strict data privacy regulations and rising concern about breaches," said Bhanumurthy B.M. "Our research not only focuses on what happened during the pandemic but also provides foresight toward future cyber strategies in a post-COVID world.”