# Combating the security risk of remote working  Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-01-28 Category: TECHNOLOGY Category URL: https://financedigest.com/category/technology Meta Title: Remote Working Cyber Security Risks: Protect Your Business Meta Description: Discover the risks of remote working such as relaxed admin rights, using outdated software, adding software indiscriminately, sharing removable media, and URL: https://financedigest.com/combating-the-security-risk-of-remote-workinghtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/untitled-design-33-1736838615798-compressed.jpg) _By **Libby Bagley** is Community Manager at_ [_License Dashboard_](https://www.licensedashboard.com/) _, who specialise in software asset management and licensing expertise for large and fast-growing organisations._ Whilst remote working had been a mere buzzword to include within workplace prediction lists over the past few years, it was forced into acceleration last year out of necessity, meaning most companies were not afforded the luxury of a gradual, staggered approach to this new way of working. Credit where it’s due however; businesses throughout the country pulled out all the stops to accommodate their employees’ needs whilst continuing to serve their clients and customers to the highest standards possible. [More than half](https://www.smeweb.com/2020/04/02/it-failings-and-the-strain-on-remote-working/) (58%) of companies ordered new devices including laptops, mobiles and tablets, and whilst this willingness to adapt is applaudable, it’s clear that the initial focus of the pandemic was very much around their staff’s ability to still do their job remotely. The shift now needs to turn towards the impact on cyber security. In fact, [government research](https://www.gov.uk/government/publications/cyber-security-breaches-survey-2020/cyber-security-breaches-survey-2020) shows that almost half of businesses (46%) experienced cyber security attacks or breaches last year. Not only is cybercrime becoming more sophisticated, but employees working [remotely leave an organisation more vulnerable](https://www.financedigest.com/how-remote-hiring-could-leave-fintechs-vulnerable.html "How remote hiring could leave fintechs vulnerable") to risk, with a home setup often far less restricted than their usual office environment. **What are the threats posed by** [remote working?](https://www.financedigest.com/helping-employees-recover-from-remote-workings-mental-health-implications.html "Helping employees recover from remote working’s mental health implications") - **Relaxed admin rights** – with certain admin rights installed, staff can easily and quickly download free trials of products without a second thought. However, this comes with [risks](https://www.financedigest.com/is-2022-the-year-green-finance-incorporates-climate-risk.html "Is 2022 the year green finance incorporates climate risk?") to financial status, customer data and corporate information. - **Using outdated software** – this is one of the single biggest risks to a business, as demonstrated by the recent WannaCry [Ransomware attack](https://www.financedigest.com/biden-orders-probe-of-latest-ransomware-attack.html "Biden orders probe of latest ransomware attack") on Windows XP. Microsoft subsequently fixed the vulnerabilities within the Windows Server component and a patch was provided for many [operating systems](https://www.financedigest.com/robot-operating-system-market-is-witnessing-a-sustainable-growth-due-to-increase-in-demand-scrutinized-in-the-new-analysis.html "Robot Operating System Market is witnessing a Sustainable Growth Due to Increase in Demand Scrutinized in the New Analysis"). Fixing security flaws and patching vulnerabilities is one of the core functions of software updates, so by not [updating to the latest](https://www.financedigest.com/how-the-latest-microsoft-365-updates-are-helping-to-empower-frontline-staff.html "How the latest Microsoft 365 updates are helping to empower frontline staff") version, you’re leaving yourself exposed. Similarly, it’s likely those [working from home](https://www.financedigest.com/how-to-maintain-physical-and-mental-health-while-working-from-home.html "How to maintain physical and mental health while working from home") may not be on the same centralised system for updating anti-virus software, posing further risk. - **Adding software indiscriminately** Whether simply innocent mistakes or not, rogue IT installations (which include any unmanaged or unregulated IT resources from illegal downloads to online purchases from unknown vendors), pose a risk to your business. After all, you can’t protect what you aren’t aware of. - **[Sharing](https://www.financedigest.com/credit-agricole-is-weighing-foray-into-german-car-sharing-media-report.html "Credit Agricole is weighing foray into German car-sharing: media report")** **removable media** Another seemingly harmless action that can cause issues is in the use of removable media. When inappropriate software is shared from machine to machine, it can compromise assets, open breaches or lead to similar problems. In addition, employees not used to [working from home](https://www.financedigest.com/remortgaging-a-home-to-buy-to-let-how-does-it-work.html "Remortgaging a Home to Buy-to-Let – How Does it Work?") may share a PC with other family members without considering the implications, or click on a phishing link from an email. And finally, as many [businesses face](https://www.financedigest.com/cup-holder-market-emerging-industries-challenges-and-threats-faced-by-key-vendors-and-global-business-outlook-till-2031.html "Cup Holder Market Emerging industries, Challenges and Threats Faced by Key Vendors and Global Business Outlook till 2031") the unfortunate realities of having to make multiple redundancies, it’s not just remote workers that pose a risk to cybersecurity, but ex-employees too. Considering former staff who may still have access to your organisation’s network is imperative. **Using software [asset management](https://www.financedigest.com/iot-platform-wells-up-south-africas-silulumanzi-water-utility-power-asset-management-savings-and-monitoring.html "IoT Platform Wells Up South Africa’s Silulumanzi Water Utility Power Asset Management Savings and Monitoring") to protect against the risk from remote working** Ransomware attacks are not only becoming more frequent, but more complicated to protect against, with [physical assets](https://www.financedigest.com/why-it-pays-for-companies-to-hold-physical-assets-in-separate-limited-companies.html "Why it pays for companies to hold physical assets in separate limited companies"), software assets and cloud-based systems to consider, as well as employees scattered across a variety of different locations and devices. Software [asset management](https://www.financedigest.com/asset-management-firms-are-using-ai-to-deliver-higher-returns-for-investors.html "Asset management firms are using AI to deliver higher returns for investors") (SAM) tools give you complete visibility of your entire IT estate, including all software licenses and deployments. This provides you with the very starting point of your [security strategy](https://www.financedigest.com/security-trumps-obesity-in-britains-first-food-strategy.html "Security trumps obesity in Britain’s first food strategy"), by establishing where any potential risks could stem from. It allows you to ensure all products are up to date and patches have been installed, as well as making sure that any [vulnerabilities which could affect the business](https://www.financedigest.com/why-your-business-is-vulnerable-to-supplier-fraud.html "Why Your Business is Vulnerable to Supplier Fraud") are promptly removed. Software asset management tools also tell you how this software is being used, and on which version, understanding behaviour is of course key to [mitigating risk](https://www.financedigest.com/mitigating-operational-risk-through-centralising-reconciliation.html "MITIGATING OPERATIONAL RISK THROUGH CENTRALISING RECONCILIATION"). It’s this insight which will see SAM teams working more closely with other departments, from compliance, to HR, to finance and C-suite. [Cyber security](https://www.financedigest.com/how-to-handle-cyber-security-during-mergers-and-acquisitions.html "How to Handle Cyber Security during Mergers and Acquisitions") is no longer a responsibility that falls cleanly within one department. The sudden shift to remote working will leave businesses at an increased risk throughout this [coming year](https://www.financedigest.com/mild-sourness-products-is-expected-to-fuel-growth-of-sour-sugar-market-in-coming-years.html "Mild Sourness Products Is Expected To Fuel Growth Of Sour Sugar Market In Coming Years") and beyond, but through a range of actions from educating employees of the risks posed and how to avoid them, to sharing data and knowledge with IT and security teams, SAM Managers can play their role in protecting the organisations they work for. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---