The COVID-19 crisis has brought an array of cybersecurity challenges forward that may persist as economies are attempting to open up. The latest challenges have accelerated existing trends towards increased sophistication of cyberattacks and increased need for better cybersecurity. $128 billion in annual cybersecurity spending is seeking to mitigate the $6 trillion+ in cyber-related losses expected. Under COVID, we have seen a dramatic upswing in identity spoofing, phishing, trojan attacks, and other security breaches. Some of the factors that made these possible could continue even as shelter-in-place and social distancing restrictions are beginning to ease.
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