Security News > 2020 > February > Summer Olympics is ripe for cyberattacks

Millions of people are eagerly anticipating this summer's Olympic Games in Tokyo-and so are cyberattackers.

"Events like the Olympics serve as an amplifier for cybercrime," said Emily Wilson, vice president of research at Terbium Labs.

"No financial institution wants to block someone's credit card in the middle of international travel, in the middle of the Olympic games," she said, "Because it's unusual activity, and consumers are going to be spending in a way they haven't in the past."

Two-factor and multifactor authentication are crucial elements of those increased efforts, she said, but so is stepping up educating your employees going to the Olympics.

Wilson anticipates cyberattacks will start ramping up in the April-May timeframe and will "Build up to a crescendo in the weeks immediately preceding and during the Olympics, as criminals prey on that sense of urgency the closer we get to the games starting."

News URL

https://www.techrepublic.com/article/summer-olympics-is-ripe-for-cyberattacks/#ftag=RSS56d97e7