BYOD and Spyware: Are Employees Putting Business at Risk?
- Date:March 24, 2022
- Author(s):
- Tracy Kitten
- Report Details: 16 pages, 6 graphics
- Research Topic(s):
- Cybersecurity
- Fraud & Security
- PAID CONTENT
Overview
Employees who access company systems from personal laptops, smartphones, and tablets put their firms’ and consumers’ intellectual property and sensitive information in danger. And the risks keep growing, not only from traditional phishing and fraud schemes, but also from new and insidious spyware campaigns that spread through subtle cracks in mobile operating systems. The risk is especially profound for financial institutions, which could increasingly be targeted by spyware campaigns aimed at crippling critical infrastructure. It’s time to cinch up bring-your-own-device (BYOD) policies that remain too lax. In fact, it’s Javelin’s view that companies’ best chance at keeping themselves, their customers, and their employees safe is to eliminate BYOD all together.
Key questions discussed in this report:
- What are the business implications of spyware that infects an employee’s personal device that is already linked to personal email accounts and sensitive corporate internal systems?
- What are the limitations of cybersecurity training for employees, particularly regarding spyware that infects devices without any action needed from the employee?
- How can companies set clear boundaries between work and personal devices that are agreeable for both employers and employees?
Companies Mentioned:
Cybersecurity & Infrastructure Security Agency, Gmail, Microsoft Authenticator, NSO Group, Okta, Pegasus, Twilio
Learn More About This Report & Javelin
Related content
Privacy and KYC Requirements: Navigating the Labyrinth
Data privacy and security are hot-button issues for consumers and regulators. FIs must balance consumer privacy with the need to collect information for regulatory compliance. Furt...
Customer Contact Centers: Heroes in Cybercrime Remediation, Fraud Prevention
Criminals increasingly use cyberattacks and scams to target consumers, and FI call centers are often relied upon for victim assistance. The key will be FI customer-oriented contact...
IoT Devices Create Privacy Nightmares for Banks, Small Businesses
IoT devices allow more convenient customer and business interactions, but the privacy and security costs can be too high, especially for financial institutions and small businesses...
Make informed decisions in a digital financial world