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Cyber attacks have increased exponentially since the start of the pandemic, with AT&T Alien Labs Open Threat Exchange (OTX) finding 419,643 indicators of compromise (IOC) related to COVID-19 from January to March, with a 2,000% month-over-month increase from February to March.

Companies of all sizes and in all sectors have been forced to adapt to a remote work environment overnight, regardless of whether they were ready or not. As this fast-moving shift to virtual business occurred, cybercriminals also adjusted their strategy to take advantage of the expanded attack surface, with the volume of attacks up by nearly 40% in the last month and COVID-19-themed phishing attacks jumping by 500%. The current situation is an IT manager’s worst nightmare.

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