The cyber security opportunities emerging from booming 'bad actor' activity

Digital crime jumps in face of pandemic

Mike Sheen
clock • 3 min read

Enforced homeworking as a result of the ongoing lockdown in the UK has led to an increase in "bad actors" exploiting individuals and businesses at a time of crisis, but this has also created investment opportunities within the cyber security sector.

Coronavirus-related attacks come at a time of increasing cyber crime, with the number of such offences reported to the National Fraud Office jumping from 273,598 to 306,126 between 2017 and 2018. Bug in the system: When coronavirus attacked the cyber world Similarly, there is a growing trend of cyber attacks on UK financial services firms, with the Financial Conduct Authority reporting last year a 480% year-on-year increase in the number of regulated firms targeted. According to email fraud security specialist Proofpoint, cyber criminals have also been using coronavirus as a means ...

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