Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

60% enterprises are spending over $250,000 to secure telework in 2 years: Fortinet

fortinet

Fortinet today unveiled the 2020 Remote Workforce Cybersecurity Report. The report included participants who are employed across 17 countries, representing nearly all industries and the public sector.

fortinet

Advertisementgreylabs

The report investigates the cybersecurity challenges that organizations faced as a result of the dramatic shift to telework early this year and the planned investments to secure remote work in 2020 and beyond.

As the COVID-19 pandemic spread rapidly in the first half of 2020, many organizations were required to shift to telework practically overnight as teams around the globe were asked to stay home. Nearly two-thirds of the firms surveyed had to rapidly transition over half of their workforce to telework. In addition, most respondents said the rapid change presented a challenge to their organization, with 83% citing it as moderately, very, or extremely challenging. Only 3% were not at all challenged.

Advertisement24th Elets NBFC100 Tech Summit & Awards, Mumbai

 Highlights of the Report:

AdvertisementInfoComm India 2026
  • As of June this year, a long-term shift to telework is anticipated, with nearly 30% of organizations expecting more than half of their employees to continue working remotely full time after the pandemic.
  • Almost all organizations expect to invest more to secure telework long-term, with nearly 60% of enterprises spending more than $250,000 in secure telework investments in the next 24 months.
  • Moving forward, the majority of enterprises surveyed intend to make unplanned upgrades to their existing systems to secure telework. Many also plan to add new technologies not previously in place.
  • Only 40% of organizations had a business continuity plan in place prior to the pandemic. Yet, as a result of the pandemic and the rapid shift to remote work, 32% invested further in this area.

    Also Read: Fortinet acquires SOAR provider CyberSponse

Rajesh Maurya, Regional Vice President, India & SAARC, at Fortinet, “The COVID-19 pandemic will have lasting effects on how organizations invest in cybersecurity. In fact, over 90% of enterprises plan to invest more to secure telework over the next two years. Given a dramatically expanded digital attack surface, the waves of cyberthreats targeting remote workers, and the ongoing cyber skills gap, organizations need to carefully consider what technologies and approaches are needed to secure their telework strategies long-term. They have an opportunity to maximize their investments with cybersecurity platforms designed to provide comprehensive visibility and protection across the entire digital infrastructure, including networked, application, multi-cloud, and mobile environments. This ongoing shift to remote work will also require more than just technology; cybersecurity training and awareness should also remain key priorities.”

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Balaji Sriram Appointed Head – Product & Marketing at Jio Payments Bank

Jio Payments Bank has appointed Balaji Sriram as Head – Product & Marketing, bringing extensive experience across banking,… Read more →

Novus Loyalty Enables CENT Rewardz Redemption on Delhi Metro Sarthi and IRCTC

Mumbai, September 10, 2026: Novus Loyalty Limited has announced the launch of CENT Rewardz redemption on the Delhi… Read more →

InvestYadnya.in Appoints Former Accenture MD Sriram Kannan as COO

Investment advisory and wealth management platform InvestYadnya.in has appointed Sriram Kannan, former Managing Director at Accenture, as its… Read more →

Canara Bank Reportedly Invests Over ₹50 Crore in DPDPA Compliance Initiative

New Delhi, September 9, 2026: Canara Bank has reportedly committed more than ₹50 crore towards compliance with India’s… Read more →

PB Fintech’s PB Pay Goes Live to Offer Unified Payment Solutions for Indian Merchants

Gurugram, September 7, 2026: PB Pay, the Payment Aggregator platform of PB Fintech Limited, has commenced operations and… Read more →

Navana.ai Raises ₹40 Crore in Series A to Expand Voice AI Across BFSI

Bengaluru, September 7, 2026: Voice AI startup Navana.ai has raised ₹40 crore ($4.2 million) in a Series A… Read more →