Working-from-home but on already hacked equipment

Working-from-home but on already hacked equipment

New findings from security firms Arctic Security and Team Cymru show that some 50,000 US organizations had infected devices that have been moved from corporate networks to home networks amid the rush to empty offices during the current coronavirus pandemic. Despite those good intentions, the problem is many of those organizations sent employees to work from home with already infected endpoint devices. Estimates suggest the number of compromised organizations in Europe and the US has more than doubled between January and March. Cue the slow roll until cyber attack and data privacy headlines make waves in the coming months.

“Our analysis indicates that the employees’ computers were already hacked before COVID-19 made the news, but were lying dormant behind firewalls, blocking their ability to go to work on behalf of the threat actors,” Lari Huttunen, senior analyst at Finland-based Arctic Security, said in a statement. “Now those zombies are outside firewalls, connected to their corporate networks via VPNs, which were not designed to prevent malicious communications.”

 

Source: Work-from-Home Exposes Already-Infected Machines in …

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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