Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > AT&T Survey Shows 70% of Large Businesses Believe Remote Working Makes Them More Vulnerable to Cyberattacks
    Business

    AT&T Survey Shows 70% of Large Businesses Believe Remote Working Makes Them More Vulnerable to Cyberattacks

    Published by linker 5

    Posted on August 4, 2020

    4 min read

    Last updated: January 21, 2026

    This image illustrates business leaders addressing the cybersecurity vulnerabilities linked to remote work, highlighting findings from AT&T's survey on employee risks and cyber threats in large organizations.
    Business professionals discussing cybersecurity risks of remote work - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Employees Identified as the Biggest Threat to Business

    New research shows almost three quarters of large businesses believe remote working policies introduced to help stop the spread of COVID-19 are making their companies more vulnerable to cyberattacks

    AT&T’s study of 800 cybersecurity professionals across the UK, France and Germany shows that while 88% initially felt well prepared for the migration, more than half (55%) now believe widespread remote working is making their companies more or much more vulnerable to cyberattacks. This figure jumps to 70% for large businesses with over 5,000 employees.

    The danger is real. AT&T Alien Labs Open Threat Exchange™ (OTX™) is one of the largest intelligence-sharing communities in the world, with more than 140,000 security and IT professionals from 140 countries daily contributing and sharing information. In March, as a global pandemic was declared and organisations around the world began implementing wide-scale remote working policies, OTX experienced a 2,000% month-over-month increase in COVID-related IOCs in March.

    “Cybercriminals are opportunistic, taking advantage of the fear and uncertainty surrounding issues like the current global health and economic situation as well as sudden shifts and exposures in IT environments to launch attack campaigns,” said John Vladimir Slamecka, AT&T region president, EMEA. “It can be a challenge for IT organisations to stay on top of emergent threat activity in the wild.”

    Employees are the biggest risk identified by the cyber experts. The AT&T research points to a lack of awareness, apathy and/or reluctance to adapt to new technologies as the biggest challenge to implementing good cybersecurity practices within their business (31%). They report that one in three (35%) employees are using devices for both work and personal uses, one in four (24%) are sharing or storing sensitive information in unsanctioned cloud applications, and almost one in five (18%) are sharing their work device with another family member.

    While many businesses have introduced new cybersecurity measures to mitigate risks since the onset of COVID-19, a large minority have not taken basic steps to protect a suddenly remote workforce. One quarter (25%) have not offered additional cybersecurity training for employees; 24% have not created secure gateways to applications hosted in the cloud or in a data centre; 22% have not increased endpoint security to protect laptops and mobile phones; and 17% have not implemented internet browsing protection from web-based threats.

    Cybercriminals are exploiting the fear and uncertainty surrounding COVID-19 and current economic concerns as topics for phishing and other fraud activities. Simultaneously, they are attempting to take advantage of the new remote workforces to launch attack campaigns. 44% of cybersecurity experts cite ransomware and/or malware attacks as their top security concern. Phishing (39%) and external threats such as nation-state attacks or hacking (39%) round off their top three concerns.

    Faced with a multitude of urgent cyber risk and compliance challenges, cyber security experts are also gearing up for new innovations as a response to business conditions around COVID-19. Almost half (47%) expect more digital transformation of business processes and cloud implementation in the year to come. Two in five (40%) believe that their business will adopt new automation and robotic tools. For the largest businesses, those with more than 5,000 employees, nearly half (48%) will be changing their technology partners in the next year.

    “While many organisations had already supported some remote workers on a regular basis, the sudden increase has put stress on IT systems, processes, and teams,” said Mr Slamecka.  “Others have had to scramble to quickly roll out solutions focused on keeping their entire workforce connected and productive.

    “In either case, sudden and unplanned changes in the way workers connect to the corporate network and access corporate data and applications in the data centre and cloud can introduce new cyber risks and vulnerabilities,” he adds. “This is the time to put robust security measures into place that will protect employees and companies for the opportunities and challenges of the future.”

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business PostCEO’s of Edison, NRG Energy & EDF Renewables join Reuters Events Energy Transition North America
    Next Business PostHow to equip your team with the skills to carry out an effective organic & paid social media strategy