The coronavirus pandemic is still far from being over and in addition to disrupting the social and economic systems, it has also threatened the digital space. As the companies are undergoing colossal transformations, relying more and more on digitalization of their operations, the risk of cyberattacks is also increasing in substantial ways. Majority of employees in almost every organization are working remotely over internet connections and cloud based systems, and although this shift in work culture has been a blessing amid the pandemic, there are many cybersecurity concerns looming large on the horizon. Cybercriminals are exploiting the pandemic and the uncertainty around to carry out malicious activities. Therefore, as the companies are building their digital capabilities to adjust to the new normal, they also face a heightened risk of falling prey to cyberattacks. Take a detailed look at how exactly the cybercriminals are taking advantage of the situation and why cybersecurity is important for business today.