Mobile security incidents on the rise, says study
Bring Your Own Device is proving to be quite expensive for enterprises. Check Point has published its second mobile security report, revealing that 79 percent of businesses had a mobile security incident in the past year, in many cases incurring substantial costs.
The report found mobile security incidents cost more than $100,000 for 42 percent of respondents, including 16 percent who put the cost at more than $500,000.
The new report, The Impact of Mobile Devices on Information Security, shows that 67 percent of firms allow personal mobile devices to connect to their networks. 88 percent of devices were used for corporate email, 53 percent had customer data stored on them, 49 percent had corporate data in business apps, and 48 percent had network logins stored.
Despite this, 63 percent organisations said they do not attempt to manage corporate information on employee-owned devices, and just 23 percent use mobile management tools or a secure container on the device. And 66 percent of respondents said they felt that careless employees posed a greater risk than cybercriminals.
Based on a survey of nearly 800 IT professionals in the UK, USA, Canada, Germany and Japan, other key findings of the report include:
Surge in personal mobile devices connecting to the corporate network – 96 percent of respondents say the number of personal devices connecting to their corporate networks is growing, and 45 percent have more than five times as many personal mobile devices as they had two years ago.
Mobile security incidents common and costly for large & small firms – 52 percent of large businesses report mobile security incidents have cost more than $500,000 in the past year, in staff time, legal fees, fines and remediation. Even for 45 percent of firms with under 1,000 staff, mobile security incidents exceeded $100,000 in the past year.
Corporate information not managed on mobile devices—63 percent of businesses do not manage corporate information on personal devices, and 93 percent face challenges adopting BYOD policies.
Android has the greatest perceived security risks—Android was cited by 49 percent of businesses as the platform with greatest perceived security risk (up from 30 percent last year), compared to Apple, Windows Mobile, and Blackberry.
Lost data is the biggest concern in mobile security incidents—94 percent of respondents said lost information was their biggest concern in a mobile security incident; just 10 percent expressed concern over a compliance violation or fine.
Tomer Teller, security evangelist and researcher at Check Point Software Technologies, says: “Without question, the explosion of BYOD, mobile apps, and cloud services, has created a herculean task to protect corporate information for businesses both large and small.
“An effective mobile security strategy will focus on protecting corporate information on the multitude of devices and implementing proper secure access controls to information and applications on the go. Equally important is educating employees about best practices as majority of businesses are more concerned with careless employees than cybercriminals.”
- All You Need To Know About Facebook-Cambridge Data Leak Saga
- Machine Learning Helps Doctors To Generate Precise, Faster Prescriptions
- Insurance Cos Lack Strategy To Leverage IoT Data: Study
- Lack Of Trained Staff, Security Hinder FinTech Growth
- What’s Driving The Shift To Cryptocurrency Mining Malware?
- Smart Cities Can Save 125 Hrs For Each Citizen Every Year: Study
- Why Enterprises Need To Automate Security Systems
- IT Leaders Struggling With Hyper-Converged Infrastructure: Study
- LAVA Appoints Sunil Raina As President, Business Head
- AI, Cybersecurity, Data Analytics To Rule Healthcare Sector