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73% of organization says BYOD creates greater security risks

Kensington (www.kensington.com), which makes computer accessories such as locks for computers and mobile devices, has announced findings from a North American survey on the security risks created by bring-your-own-device (BYOD) policies in the enterprise.

The findings show 73% say that BYOD represents greater security risks for their organization. Yet 59% still approve the use of personal devices for business usage.

According to MarketsandMarkets, a research and consulting firm, forecasts the global market for BYOD and enterprise mobility to nearly quadruple in size over the next four years. Currently valued at US$72 billion, MarketsandMarkets expects annual growth of 26.6% for a projected value of $284 billion by 2019.

The Kensington survey found that across multiple B2B vertical industries – including education, health care, financial services, retail and manufacturing – CEOs, CIOs, CSO, and IT professionals are significantly concerned with how BYOD is impacting the security of their enterprise environments. To address these concerns a number of physical security measures are being leveraged with varying adoption and as many as 55% report that they are considering further investments in this security area.

Among the physical security measures being used, the simplicity of using device locking mechanisms is among the most cost effective and reliable solutions an organization can put in place. Physical security measures in use by survey respondents included:

° 64% use employee training and guidelines.

° 61% use anti-malware and encryption.

° 55% have employed compliance and governance policies.

° 48% use data loss prevention and authentication solutions.

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