The report, ‘My Location, My Device: Hybrid work’s new cybersecurity challenge’, is based on a survey of 6,700 security professionals worldwide, including India.
Over nine in 10 (95%) respondents in India said their employees are using unregistered devices to log into work platforms while nearly 82% said that their employees spend more than 10% of the day working from these unregistered devices.
As a result, 95% security leaders in India said that logging in remotely for hybrid work has increased the likelihood of cybersecurity incidents.
“2022 has witnessed several ambiguities, both presented as opportunities and risks. While it has accelerated the digital transformation journey of most businesses, it has also disproportionately expanded the attack surface,” said Samir Kumar Mishra, Director of Security sales, Cisco India & SAARC.
“Today, disruption is happening faster than ever. Security resilience, preparedness, and response must be at the forefront in order to navigate through the intensifying threat landscape in 2023,” he added.
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ETtechOther findings
Employees are logging in to work from multiple networks across their homes, local coffee shops, and even supermarkets: about 94% of respondents in India say their employees use at least two networks to log in to work, and 57% say their employees use more than five networks.
About 80% respondents in India said they had experienced a cybersecurity incident in the past 12 months. The top three types of incidents suffered were malware, data leaks and phishing.
Among those who suffered an incident, 81% said it cost them at least $100,000, and 53% said it cost them at least $500,000.
ETtechAbout 90% of security leaders in India said cybersecurity incidents are likely to disrupt their businesses over the next 12-24 months.
And 95% of security leaders in India expect their organisation to increase its cybersecurity budget by more than 10% over the next year, while almost all (99%) expect upgrades to IT infrastructure within the next 24 months.
Hybrid model to rule 2023
ET reported on December 25, 2022 that the
hybrid model of work is likely to stay as companies across sectors intend to stick to it in the new year, offering flexibility to employees to maintain better work-life balance.
The hybrid model, according to experts, fulfils both the employer and employees’ needs. While employees can have flexibility along with in-person time with their teams and colleagues, employers recognise the fact that the world of work has changed and that employees can be just as productive, if not more, in flexible environments.
According to another
poll conducted by Colliers in May and June of 2022, about 63% of corporations had embraced the hybrid working model.
While the world is moving back to office, the hybrid work has made a strong enough case for itself to survive in the post-pandemic world.
