Impact of COVID-19 on the Global Digital Forensics Market
As the majority of the businesses across the globe are adapting to the new, remote working policies and employees are working from their homes, cyber threats, as well as other digital crimes, are on the rise. Businesses are migrating to cloud-based solutions that enable them to continue their operations by working remotely. Cyber attackers have been targeting employees that have been work from home to prevent the spread of the deadly virus. The FBI has reported a 300% increase in cyberattacks since the imposition of the lockdowns. Furthermore, the Cybersecurity and Infrastructure Security Agency (CISA) published a press release indicating Internet vulnerabilities associated with virtual private networks (VPN), Wi-Fi networks at homes, and other hardware as well as software infrastructure installed at homes. However, to overcome and deal with these issues, digital forensics companies are playing a vital role, delivering digital forensics and incident response tools to defend as well as prevent cyberattacks.
The need for digital forensics has increased as businesses have suddenly shifted towards digital infrastructure with remote solutions. Instances of cyberattacks targeted at valuable enterprise information have been increasing across sectors, including healthcare, manufacturing, logistics, administration, as well as government organizations. Additionally, the number of digital transactions has increased tremendously, mainly due to the lockdowns, with governments advising people to pay using contactless payment methods to prevent the spread of COVID-19. But this trend has attracted numerous unethical hackers involved in fraudulent activities and other cybercrimes over the internet.
Digital forensics is used to capture critical information and protect organizations from severe losses. It further helps in the extraction and interpretation of factual evidence against cybercrimes in legal procedures; thus, boosting the demand for digital forensics in emerging countries like India.