Organised crime activities like drug smuggling and human trafficking have been thwarted by Covid-19 border closures. To keep the money coming in, these syndicates have branched out into cybercrime.
This is according to Misha Glenny, an award-winning British journalist and an organised crime and cybersecurity specialist who shared his views during a recent webcast hosted by Lyndon Subroyen, global head of digital and technology at Investec.
In addition to organised crime going digital, there are now more opportunities to hack information, according to our panelists. When people are working from home their networks are generally more porous than those found in the office so the threat surface has increased. What makes home networks particularly vulnerable is that just one device with poor security can render all others ‘at risk’. Together, these forces mean that we’re now more likely to become a victim of cybercrime.
Watch the panel discussion here.