Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Technology > Remote working during the COVID19 pandemic: top cyber tips
    Technology

    Remote working during the COVID19 pandemic: top cyber tips

    Remote working during the COVID19 pandemic: top cyber tips

    Published by Gbaf News

    Posted on May 5, 2020

    Featured image for article about Technology

    By Scott Lester, Cyber Lab Manager, 6point6

    Cyber security is at its most important in times of change. There are currently masses of people working from home under unprecedented circumstances. Owners of SME businesses now face the challenge of maintaining their organisation’s cyber security, as their IT-dependent employees log on to keep the engine running remotely. While the unfamiliar environment presents weaknesses, there are clear steps that companies can take to sure-up their defences for the future.

    1. Layer your security
    Scott Lester

    Scott Lester

    One-step log-in procedures leave the employee and the business vulnerable to attack – multi-factor authentication (MFA) is the answer. MFA requires users to verify their identity via an additional piece of information, such as a one-time code, prior to logging in. By adding or enabling this extra phase of security to any application or platform that workers use, your system is protected against cyber attackers who target passwords.

    A password manager can bolster this protection. By creating unique credentials for each log in, the logins and passwords are stored and encrypted in a virtual safe. This obstructs cyber criminals from sharing or saving log-in details.

    For newer SMEs and start-ups seeking cost-effective security solutions, these products should be the first port-of-call. Many online tools and services often include MFA as a part of their package. Both options are friendly to smaller budgets, and work to dilute the risk of employees being hacked, therefore sustaining the business’s security.

    1. Tighten-up video calls

    Third-party invasion of video conferencing calls has been an unfortunate and well-publicised trend during the current lockdown. Considered security procedures should be implemented in order to protect meetings from gate-crashers.

    When hosting video conferencing calls, the meeting must be kept strictly in the knowledge of attendees only, and a password should be created for entry. The meeting’s organiser can also take a register of who joins the call, and then monitor who is present throughout.

    Company security is also protected by guaranteeing only work-approved devices with correct software are used to access conferencing calls.

    1. Ensure network security

    Businesses can set a Virtual Private Network (VPN) in place to improve their blanket security. If employees work using a VPN with correct encapsulation and authentication systems, the data they are working with is less at-risk.

    Employee vigilance is equally important, staff can boost an organisation’s and their own security from their own home by changing their router passwords to not use default values. They should also conduct a virus scan of their device’s software to check everything is updated and has sufficient protection.

    1. Make the workforce aware of cyber threats


    Employees must also be made aware of the threats, and how cyber criminals will look to exploit businesses at this uncertain time. Cyber security awareness training can help workers identify when they are being targeted, and makes them more familiar with internal security reporting procedures.

    It is crucial that businesses communicate with their staff and update them on cybersecurity policy and best practice. Remote working requires Acceptable Usage Policies and BYOD equipment to be as secure as possible, organisations should ensure they have addressed this in a way that allows staff to help themselves as much as possible.

    1. Streamline your IT demands

    The chaotic nature of this unusual situation means an organisation’s IT team will be receiving some heavy traffic. This is to be expected, there are numerous technical hurdles to negotiate when facilitating a transition to remote working. This also makes IT teams more essential than ever to the smooth running of a business. A company can ease any complications by holding back on unreasonable requests. Companies should look to install a refined process for staff contacting the IT team, for example: categorising queries by their urgency and mediating their flow to the team. If the entire workforce subscribes to a system like this, the IT team will be better placed to perform its crucial function.

    It is also important to avoid pressuring the IT team to compromise on security measures in favour of practicality. When IT professionals resist a proposal or request, this will be backed-up with sage reasoning, and they need to be trusted.

    1. Understand the perils of WFH

    The COVID19 crisis has placed people on unfamiliar ground. Indefinite remote working makes it difficult to balance work and personal time. It makes it more difficult than usual for staff to switch off from their job. Business leaders should be understanding that systems of collaboration won’t be as immediate in the current climate, as staff adapt to this new working environment. Embracing a flexible culture and anticipating that employees could be balancing issues outside of their job is important in this chapter.

    It all boils down to teamwork. Pulling together and supporting each other is critical as companies attempt to navigate the complications of the global pandemic. Organisations can move to protect their futures by trusting their IT teams, empowering them to introduce policies that create security and vigilance across the entire workforce. Combine this with installing effective cybersecurity solutions, and a business is set to thrive in this unfamiliar landscape.

    Related Posts
    Treasury transformation must be built on accountability and trust
    Treasury transformation must be built on accountability and trust
    Financial services: a human-centric approach to managing risk
    Financial services: a human-centric approach to managing risk
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    LakeFusion Secures Seed Funding to Advance AI-Native Master Data Management
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Clarity, Context, Confidence: Explainable AI and the New Era of Investor Trust
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Data Intelligence Transforms the Future of Credit Risk Strategy
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    Architect of Integration Ushers in a New Era for AI in Regulated Industries
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    How One Technologist is Building Self-Healing AI Systems that Could Transform Financial Regulation
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    SBS is Doubling Down on SaaS to Power the Next Wave of Bank Modernization
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    Trust Embedding: Integrating Governance into Next-Generation Data Platforms
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    The Guardian of Connectivity: How Rohith Kumar Punithavel Is Redefining Trust in Private Networks
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    BNY Partners With HID and SwiftConnect to Provide Mobile Access to its Offices Around the Globe With Employee Badge in Apple Wallet
    How Integral’s CTO Chidambaram Bhat is helping to solve  transfer pricing problems through cutting edge AI.
    How Integral’s CTO Chidambaram Bhat is helping to solve transfer pricing problems through cutting edge AI.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Technology PostThe use of Third-Party risk data can help investors make better informed decisions on investment vulnerabilities
    Next Technology PostTechnology Shortcomings May Prove Costly During Work-from-Home Mandate

    More from Technology

    Explore more articles in the Technology category

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Physical Infrastructure Still Matters in a Digital Economy

    Why Compliance Has Become an Engineering Problem

    Why Compliance Has Become an Engineering Problem

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Can AI-Powered Security Prevent $4.2 Billion in Banking Fraud?

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    Reimagining Human-Technology Interaction: Sagar Kesarpu’s Mission to Humanize Automation

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    LeapXpert: How financial institutions can turn shadow messaging from a risk into an opportunity

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Intelligence in Motion: Building Predictive Systems for Global Operations

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    Predictive Analytics and Strategic Operations: Strengthening Supply Chain Resilience

    How Nclude.ai   turned broken portals into completed applications

    How Nclude.ai turned broken portals into completed applications

    The Silent Shift: Rethinking Services for a Digital World?

    The Silent Shift: Rethinking Services for a Digital World?

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Culture as Capital: How Woxa Corporation Is Redefining Fintech Sustainability

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Securing the Future: We're Fixing Cyber Resilience by Finally Making Compliance Cool

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    Supply chain security risks now innumerable and unmanageable for majority of cybersecurity leaders, IO research reveals

    View All Technology Posts