Co-working spaces might actually be a security nightmare

Date:
Wed, 10 Jan 2024 12:30:18 +0000

Description:
Choosing to work from a co-working location could be your worst decision when it comes to cybersecurity.

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A new study of more than 1,000 remote workers by Beyond Identity has revealed that co-working spaces could actually be costing businesses their cybersecurity despite being cheaper in terms of rent.

According to the report, co-working spaces are the most likely place for data to be stolen, with 18% having previously chosen to locate themselves in a co-working office and had their data stolen.

Libraries, coffee shops, and cafes follow closely behind, with working in the airport surprisingly safer despite one in five (21%) experiencing data theft when working remotely from another country away from where their office is based. Remote work comes at a security cost

Despite their reputation for being safer and less susceptible to malware and other cyberattacks, Apple devices came out the worst, with more iPhone and
Mac users experiencing data theft compared with PC and Android users.

Beyond Identity says that the main contributor to this, affecting three in five (60%) remote workers, is the failure to encrypt sensitive data. Reused passwords (53%), not using a VPN (40%), and using public Wi-Fi (36%) were
also credited with increasing a workers vulnerability.

Data theft, including consumer data, employee information, and intellectual property, all occurred fairly frequently, but many businesses were affected
by service downtime, financial fraud, and even backdoor creation, exposing them to future attacks.

Finance workers were found to be among the most likely to reuse passwords, share passwords, and travel without telling their employers. Given that this is the most affected industry, according to the statistics, it would be reasonable to think that workers may be more alert.

However, the report reveals that only half (51%) of remote workers received cybersecurity training. In order to move forward more securely, its clear
that businesses need to fulfil their responsibility better by giving
employees the right tools and training. More from TechRadar Pro Cybersecurity training is missing essential information for business users Boost your cybersecurity with the best endpoint protection software Check out our
roundup of the best VPNs



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Link to news story: https://www.techradar.com/pro/security/co-working-spaces-might-actually-be-a-s ecurity-nightmare


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