“Mobile Device: A powerful computer that fits in your pocket, designed to easily store vast amounts of sensitive data in the backseat of a taxi, under barstools, on the Tube etc.”
The world is mobile crazy. Mobile devices, smartphones, tablets are used for internet searches more than laptop or desktop computers. Moreover mobile devices, whether or not part of a planned Bring Your Own Device (BYOD) approach, are being increasingly used for work whether in or away from the work environment. However security is a huge concern for both the user and their employer.
One in four breaches (25.3%) in the US financial services sector over recent years were due to lost or stolen devices, according to a new study whilst the same report by Bitglass found that 20% recorded breaches over the last 10 years were the result of hacking.
More than 60 financial sector organisations suffered recurring breaches in the last decade, including most major banks. But while hacking accounted for a disproportionate number of the individuals affected by financial services breaches, only one in five leaks were caused by hacking. Other breaches were the result of unintended disclosures (14 per cent), malicious insiders (13 per cent), and lost paper records.
Mobile devices and the data that they store or can be used to access needs to be secured. To find out how, contact Infosec Partners today on +44 (0) 1256 893663