From: RegTech Analyst
A new report from cybersecurity company Tessian reveals that 52% of people working from home tend to think they can get away with being more lenient about their digital defences.
For instance, they are more likely to share confidential files via email instead of more trusted mechanisms. Part of this bullishness is because they are not working from a company device and because they are not supervised by the IT department.
This might be disappointed to the IT professionals, with 91% of them expecting that their employees would follow the security guidelines of the company when working from home.
The research was based on a survey of 1,000 professionals in the UK and another 1,000 in the US as well as 250 IT leaders.
Other key findings of the report showed that 800 emails were misdirected each year on average in organisations with more than 1,000 employees. In the same-sized organisations, roughly 27,600 emails containing company data were sent to personal emails each year.
The issue of remote working and cybersecurity has come to the forefront of the discussion ever since the outbreak of the coronavirus pandemic whemn more people have been working from home.
As RegTech Analyst reported earlier this week, this could provide RegTech companies in the sector with an opportunity as it shows the need for their services.
The cybersecurity segment of the RegTech industry has been one of the biggest beneficiaries of investment in the industry for years. In 2018 it attracted 20.7% of all the investment and in 2019 that figure jumped to 37.2%, according to RegTech Analyst’s research. The compliance management and the identity verification sector respectively attracted 18% and 13.6% of the total RegTech funding.
The new research comes about a year after Tessian closed a $42m Series B round in the first quarter of 2019.
Copyright © 2020 FinTech global