Insights from BCC Research

BYO Device: New Concept Forces Employers to Rethink Cloud Security

Posted by Jeff Schmerker on Nov 30, 2017 2:40:00 PM

Security_Image.jpegFor better or worse, BYOD looks like it’s becoming the global standard for technology platforms.

BYOD—short for Bring Your Own Device—is becoming standard everywhere from airplane passenger cabins to large businesses. The concept is simple: BYOD means using personal devices in tech settings. It began, simply enough, when companies allowed employees to use their own cell phones at work instead of a company cell. Now BYOD has moved beyond cell phones to encompass laptops and tablets.

But while BYOD is obviously attractive to companies and users, it brings with it a host of cloud security issues.

“To encourage a focus on data protection in their BYOD environment, businesses are now looking for innovative solutions that enable them to achieve results easily and in a short timeframe, both in terms of increased security and privacy protection, as well as regulatory compliance,” reported The Stack.

BYOD Business: Attractive, With A New Suite Of Risks

The Stack offered a range of suggestions for cloud security in the BYOD age:

  • Encryption of hard drives, emails and other communications is the foundation of cloud security, followed by the ability to connect through a VPN to the home network.
  • Adopting open source software can give businesses the ability to check source code against infiltrations.
  • Enforcing security policies is imperative.
  • Establishing separated environments is crucial as businesses seek to keep sensitive corporate data and applications separated from average users
  • Effective backup and recovery software are needed to safeguard and encrypt sensitive data regularly.

While top-flight security controls are seen as key, not everyone employs them.

“One in four organizations lack some form of multi-factor authentication when securing BYOD, which is consistent with well-known enterprise security gaps,” noted Help Net Security. “Using compromised passwords to control access and single-factor authentication has resulted in several high-profile data breaches in recent months. Enterprises have since turned to technology as a means of solving the secure identity management challenge.”

Anticipate Holiday Shopping – By Your Employees

The holidays are prime time for electronics purchases, and companies with a BYOD policy should be ready for workers to come to work with their new gadgets. Mobile Business Insights offered some new-device tips:

  • Review your company’s enterprise mobility management platform and data governance, particularly any licensing terms. Plan on more devices joining the platform and estimate additional costs the company might be looking at if device numbers grow.
  • Set a data governance standards—decide what corporate data can live on BYOD devices and set a policy to keep data in the cloud or to wipe it when a device is lost or stolen.
  • Put your IT department on notice that workloads will increase—rehearse BYOD training, set up appointments for users to mesh their new devices to the workplace and detail your company’s onboarding strategy.
  • Educate employees on BYOD resources, enrolling devices in your enterprise mobility management platform and any onboarding training opportunities.
  • Consider cloud management protocol—for example, restrict corporate email and project document storage and retrieval to cloud-based systems.

Cloud Security Market To See 13.9% Annual Growth Through 2022

Network attacks and breaches are helping to fuel growth in the global cloud security and vulnerability technologies market, which is projected to grow at 13.9% annually between 2017 and 2022, when the market’s value could reach $13.9 billion, according to an industry report by BCC Research.

Key industries driving growth of cloud security include banking and financial services, IT and telecom, intelligence, retail, healthcare and government agencies. This global market for network security is being led by growth in the Asia-Pacific region, which could see expansion of 14.2% annually through 2022, while the largest segment is North America, whose value in 2022 could be $1.11 billion.

“The growth of the digital world has opened business opportunities for numerous companies and individuals,” wrote report author Yash Singh. “However, with all this, the digital economy has also opened itself to unscrupulous hackers and cyber-attackers. The last 10 years have witnessed the strong emergence of computer hackers attacking businesses of varying sizes in nearly every industry. Ransomware has become a recurring theme in the last couple of years, with organizations and users experiencing demands for money in return for access to their files and data.”

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Topics: Information Technology