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Technology

Cyberthreats are expanding rapidly in the wake of the pandemic

IbyIMD+Published 8 June 2021 in Technology • 4 min read

It can be hard to keep up with the rapidly changing landscape surrounding digital technology, but it is critical that we do. As executives have ramped up their digital adaptations to cope with the challenges posed by COVID-19, many are falling behind in terms of securing their digital data and systems.

A disturbing trend has been growing in the headlines over the last year. From the long list of security victims growing out of the SolarWinds cyber hack in December 2020 to the crippling ransomware attack on the Colonial pipeline in the United States in May that caused disruptions across that country, it seems that our increasingly online world has caused an already existing problem to balloon.

At an online event hosted by the Swiss-American Chamber of Commerce in cooperation with IMD, Öykü Işık, Professor of Digital Strategy and Cybersecurity and Program Director for Digital Ethics for Boards at IMD, joined Johan Gerber, Executive Vice President of Cyber and…

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