Verizon’s recently published Mobile Security Index 2018 Report has found that the accelerating pace of cloud, Internet of Things (IoT), and mobile adoption is outpacing enterprises’ ability to cope with mobile security risks, like DoS attacks, spoofing, and data infringement. And when there’s a trade-off between performance and implementing mobile security, almost a third (32%) sacrifice security in pursuit of business goals, despite being 2.4 times more likely to suffer data loss or downtime.
Other findings from the report include:
- Almost all respondents (93%) agreed that mobile devices present a serious and growing security threat.
- Despite this, many were failing to take basic precautions. Only 39% said they change all default passwords and over half (51%) didn’t have a public Wi-Fi policy.
- Most know they need to take more action. 93% agreed that organizations should take mobile security more seriously.
Nothing is 100% secure, the challenge for those responsible for IT security is to reduce risk to an acceptable level. But our research found that approximately one-third of organizations have knowingly sacrificed security for expediency or business performance. Think about that. One in three organizations that we work with, buy from, turn to for healthcare, and that govern the communities in which we live, have put speed and profit before the safety of their data—and our data.
Thomas T.J. Fox SVP Wireless Business Group, Verizon
Verizon commissioned independent research, interviewing over 600 professionals involved in procuring and managing mobile devices for their organizations.