McAfee’s Digital Wellness Delivers Online Protection As An Employee Benefit

The subject most high of thoughts at this time for HR professionals is protecting and buying nice expertise.  One of crucial parts of doing each is offering a fascinating and significant set of worker advantages.   

Digital Wellness is a New Pillar within the Employee Benefits Space 

The thought of Digital Wellness isn’t precisely model new, however the world we’ve lived in for the previous few years has cemented it into one of many major pillars of worker advantages, becoming a member of the normal massive three of Financial, Mental and Physical Wellness.   

Employees Are Spending the Majority of Their Time Online 

One of the principle causes Digital Wellness has develop into important is that so many individuals have needed to each stay and work completely on-line for an prolonged time period – spending 8+ hours a day on private issues along with all these hours they spend working through the net. Things like banking, telehealth and procuring to call a couple of.  

• 84% declare web banking is crucial channel whereas interacting with their financial institution¹
• 75% have used telehealth companies up to now 12 months²
• 49% of shoppers are shopping for on-line extra³  and 41% of these are procuring every day or weekly through cellular or smartphone⁴

There’s nearly no facet of life that isn’t touched by the web for most individuals, particularly when including their work surroundings into the combo.  

Remote Work Isn’t Going Away

In addition to all of the common life they stay on-line, workers have develop into accustomed to working remotely, even when it’s simply a part of the time. 

• 36.2 million staff are predicted to be working remotely by 2025 – an 87% enhance from pre-pandemic ranges⁵ 
• 59% of respondents in a examine by Owl Labs mentioned they’d be extra seemingly to decide on an employer who provided distant work⁵
• 32% mentioned they’d give up their job in the event that they weren’t in a position to proceed working remotely⁵ 

With these sorts of stats, it’s hardly shocking that 74% of employers plan to take care of some type of distant/hybrid workforce into the foreseeable future⁶.     

Cybercriminals are Taking Full Advantage of All the Extra Traffic  

The digital world has develop into a veritable smorgasbord for hungry cyber criminals. In reality, there’s been a 400% enhance in cybercrime simply over the past couple of years⁷. To put it in perspective, listed here are a couple of sobering statistics that occur on a every day foundation:  

• 3 billion phishing emails are despatched by scammers⁸ 
• 24,000 malicious cellular apps are blocked on common⁹
• 6.85 million accounts are hacked¹⁰

Unfortunately, all which means that individuals are in a continuing battle to guard themselves from cyber danger.  

When Employees are at Risk, Their Employers are at Risk 

With everybody going about their every day actions and dealing every time and wherever they occur to be on the time, it’s in all probability no shock that greater than half of workers are utilizing their private units for work¹¹.  It’s simply too handy to not.  However, while you additionally understand that 95% of breaches are brought on by human error¹², this intersection between private life and work-life turns into dangerous for each the staff and their employers.  It’s no marvel that corporations with numerous workers working remotely have seen a 24% enhance in breaches because the pandemic started¹³. 

Cyber Risk has Placed Huge Financial Strains on Companies 

When corporations’ networks are breached it causes their prospects to be weak, risking an enormous blow to their popularity and invoking severe fines and penalties because of compliance failures.  And making an attempt to get cyber insurance coverage to guard in opposition to monetary loss has develop into more and more harder.  A latest article by the Wall Street Journal reported that cyber insurance coverage premiums rose 92% in 2021 and the hoops corporations have to leap by are far more stringent to be eligible for the protection – issues like offering cyber schooling and guaranteeing they’re taking stronger steps to guard their community and buyer knowledge¹⁴.  

In addition to the direct monetary affect of cyber threats, there’s additionally the lack of human capital.  It can take as much as six months and as much as 200 hours of an individual’s time to handle and proper identification theft¹⁵. If workers are specializing in digital therapeutic, it’s a good wager they’re not focusing as intently on their work. 

To Achieve Digital Wellness, Employees – and Their Employers, Need Two Things 

Preventative care is step one towards Digital Wellness, and it consists of three, easy elements. 

1. Knowledge is energy as they are saying, so cyber schooling is vital.  For instance, if an worker can determine these 3 billion phishing emails despatched every day, they’re much much less more likely to be wooed into clicking on harmful hyperlinks, and in the event that they perceive how necessary it’s to create robust and distinctive passwords, they might help defend themselves even when they’re present in a knowledge breach. 
2. Ward off threats by putting in system safety to safeguard individuals’s entry factors to the web. This means defending all units (PCs, Macs, smartphones, tablets, and good dwelling units) in opposition to digital risks like viruses/malware, unsecured community connections (thanks however no thanks, random coffeeshop Wi-Fi!), and spoofed/unsafe web sites.  
3. Take again management of workers’ privateness and knowledge. How? It could be achieved by doing issues like putting in a digital personal community (VPN) that encrypts unsecured Wi-Fi networks to make them secure from prying eyes, proactively monitoring the darkish internet for identification breaches and by figuring out and cleansing up all of the unneeded profiles which were piling up through the years. 

Restorative care is the second step within the Digital Wellness journey.  If a digital menace sneaks by even after all of the cautious preventive care, it’s necessary to rapidly treatment the scenario. 

1. Kick uninvited cyber criminals out as quickly as they’ve been found by eradicating viruses, malware, ransomware, and so on. from every contaminated system as quickly as potential.  
2. Identity stolen? Do a credit score freeze then work on restoring your popularity by combating issues like fraudulent unemployment claims, unauthorized strains of credit score and illegal dwelling title transfers. 
3. Leverage monetary restoration choices to repair your broken credit score rating and make your pocketbook complete once more by cyber breach insurance coverage. 

It’s Never Been More Important to Offer a Digital Wellness Solution as an Employee Benefit 

Great advantages which have actual that means for workers are key to serving to retain and purchase wonderful expertise.  Providing an all-in-one and easy-to-use Digital Wellness resolution designed to safeguard in opposition to compromised units, privateness leaks, identification theft and different irritating, time-consuming points not solely supplies peace of thoughts for workers but in addition immediately – and positively, impacts an organization’s backside line.  Choosing a trusted cyber safety resolution like McAfee on your Digital Wellness profit will give your workers a model they love and your organization the benefit of 30+ years of expertise defending individuals from digital threats.   

For extra info on McAfee Digital Wellness, go to www.mcafee.com/employee-benefits-info or ship an electronic mail to EmployeeBenefits@McAfee.com.  

Footnotes –  

1. Capgemini and Efma, World Retail Banking Report 2021 
2. 2021 McAfee Consumer Research Emerging Tech Trends Survey, December 2021 
3. McAfee’s 2020 Holiday Season: State of Today’s Digital e-Shopper survey 
4. PWC December 2021 Global Consumer Insights Pulse Survey 
5. Statistics on Remote Workers that Will Surprise You – May 11, 2022
6. Gartner CFO Survey 2020 
7. The Hill. “FBI seeks spike in cybercrime reports during coronavirus pandemic.” April 2020 
8. Zdnet.com – “Three billion phishing emails are sent every day. But one change could make life much harder for scammers” March 2021
9. TechJury- “How Many Cyber Attacks Happen Per Day in 2022?” May 2022 
10. 4. WCNC Charlotte – “How strong is your password? A professional hacker says probably not strong enough” June 2021 
11. IBM – Work from Home Study, 2020 
12. The Wall Street Journal. “Human Error Often the Culprit in Cloud Data Breaches.” August 2019 
13. Gartner. “Designing Security for Remote-Work First Enterprises” 
14. Wall Street Journal “Cyber Daily: Cyber Insurance Became Much Pricier in 2021” May 2022 
15. The Economist – “How to guard your self in opposition to the theft of your identification