As we all come to adapt to a more digital lifestyle, the associated cyber risks will grow and become more complex in nature. Our digital lives are only as secure as our digital hardware and software.
- According to our survey 65% of the workforce had worked from home at least some of the time during the pandemic. This figure is higher than the 49% recorded in official data in April 2020. This difference is likely to reflect the fact our survey was undertaken in August 2020, several months into the pandemic.
- In light of the move to remote working, a huge step-change in our approach to managing digital risks is urgently required. Among SMEs, just 7% have cyber risk insurance in place.
- This is particularly important given that 44% of the workforce expect this shift towards home working to become permanent. Among those that spent some of the lockdown period working from home, 90% envisage working to at least some extent post-COVID-19 (26% working entirely from home and 64% splitting time between the office and home).
- The ‘working from home’ trend has particular implications for financial and professional service businesses, with workforces in both among the most likely to have worked from home during the pandemic.