On 19 May 2020, A&K Forensics in collaboration with NEC and HIL hosted a webinar to give a holistic approach to managing cyber threats in turbulent times. This was in response to cybercrime evolving and continuing to disrupt business operations.
The current COVID-19 pandemic portends imminent cyber threats which are difficult to prevent and detect without the right and effective systems in place. In such times of crisis, cybercriminals look to exploit potential cyber defence gaps and to penetrate otherwise secure organisational systems.
The webinar was hosted to enable clients to understand what organisations must do now and in the future to keep cyber threats at bay. The webinar discussed recent trends, potential cyber threats, mitigation strategies and tested solutions which can be adapted for your business.
Key speakers include Chief Executive and President, NEC Africa, Eugene Le Roux; Manager Cyber Defense Operations Centre, NEC XON, Johann Schoeman; and Consultant, Hidiga Investments, Mbabu Muturi, who together hold rich experience in dealing with regional and international cybersecurity matters. They were joined by ALN Kenya | Anjarwalla & Khanna Managing Partner Karim S. Anjarwalla and A&K Forensics, Investigations & Compliance Director Willie C. Oelofse, both bringing extensive experience in dealing with legal, risk and compliance matters to the table.
During the webinar, NEC Global shared with the audience a detailed description of what they are engaged in for the benefit of their clients, including their cyber defence operating centres in Singapore, Japan, Senegal, South Africa, and their partnership with ALN Kenya | Anjarwalla & Khanna.
NEC Global also covered all the trending and emerging threats, including an insight into hackers using Zoom and Teams communication mechanisms where 2,500 new Zoom-related domains, 1.5% are malicious (32) and 13% are suspicious and a total of 6,576 Zoom related domains have been registered globally. Over 20,000 new coronavirus related domains registered, 17% are malicious or suspicious and they estimated that by end of March 2020, relief packages and stimulus payments sites were used to dupe people.
As lockdown conditions are easing, domains related to life after coronavirus as well as a possible second wave of the virus is at a high. Hackers are using coronavirus themed phishing, spear-phishing and whaling campaigns and spoofing from insurance type organisations such as health insurance.
Finally, the webinar covered malware in relation to COVID-19 and how we should rethink cybersecurity post-COVID-19 and prepare for the future as cyber-attacks are increasing, are more intelligent, and have more fatal consequences, including on its evolution to cover cloud, the fourth industrial revolution, 5G, and the remote worker.