Employers today are constantly being faced with choices and the challenges those choices play. One of the more recent challenges is whether to allow employees to use their own smart phones to support the corporate email and functionality. On the surface, this seems like a great idea for employers as it will lower operating costs. Not so fast…According to a PWC survey “less than half of the 9300 C-suite executives surveyed have a security strategy to address personal devices in the workplace, despite the fact that 88% of employees use a mobile device for personal and work purposes”
Network and privacy security issues abound without a well thought out strategy on dealing with the potential for breaches or misuse of company or personal information when a company supports a BYOD protocol. In 2013 The ALS Group will devote a good amount of time to provide commentary on cyber or privacy breach issues. The electronic age has fully invaded our companies as well as our courtrooms, and many companies are not prepared for the repercussions a decision on technology related matters provides. The article appeared in a Board trade journal and supports the views that C-suite executives need to take to address the risk in these areas seriously. CFO magazine recently published a rather informative article on the subject.
Breach of data, Reputational Risk, Employee Privacy concerns, they all come into place with this simple strategy. If you would like to discuss the implications of technology related decisions and how they contribute (or exacerbate) to your company’s overall risk profile, please feel free to contact Albert Sica at 732-395-4251 or at [email protected].
