Wednesday, April 14, 2021

Nearly 80% of Enterprises Suffered a Mobile Security Incident in the Last Year

A new survey conducted by security vendor Check Point Software Technologies finds that the vast majority of enterprises are experiencing very expensive mobile security incidents. As bring your own device (BYOD) policies become more prevalent, security incidents have also risen.

All Things D’s Arik Hesseldahl reported, “Nearly 80 percent of large businesses experienced some kind of mobile security incident in the past year. And, of those, more than 60 percent experienced $100,000 or more in financial losses from that incident. That’s the headline finding on a survey released today by security outfit Check Point.”

CSO’s John P. Mello, Jr., added, “More than half (52 percent) the respondents who worked in large companies — firms with more than 1000 employees — said mobile security incidents cost their companies more than $500,000. About 45 percent of the surveyed subjects who worked in smaller companies — those with less than 1000 workers — also experienced six figure losses, more than $100,000, from mobile security incidents last year.”

ComputerWeekly’s Warwick Ashford noted, “The report, based on a poll of 790 IT professionals worldwide including 114 from the UK, shows that 67% of firms allow personal mobile devices to connect to their networks. Some 88% of these devices were used for corporate email, 53% contained customer data, 49% had corporate data in business apps, and 48% stored network logins. Despite this, 63% organisations said they do not attempt to manage corporate information on employee-owned devices.”

In related news, Maria L. La Ganga with the Los Angeles Times wrote, “Faced with a steep rise in smartphone theft, the San Francisco district attorney and New York’s attorney general said Wednesday that they will convene a summit next week with the top four phone makers to push for a technological fix to what they call a crime epidemic. ‘Last year, 50% of all robberies in San Francisco involved a mobile communications device,’ San Francisco Dist. Atty. George Gascon said in an interview. ‘In Los Angeles it was 30%; 1.6 million Americans last year were victims of smartphone theft, and we’ve started to see some violence.'”

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