Bringing Your Own Device raises jitters among employers, who worry about exposing or losing sensitive data, and employees, who fret about their bosses spying on them. Despite these anxieties, the trend will continue because that's what people want.
Recently discovered viruses, consisting of Trojans and other malware, at City College of San Francisco have stolen personal banking information and other data from perhaps tens of thousands of students, faculty and administrators, says John Rizzo, president of the board of trustees.
A legal dispute between a small merchant in Utah and its former payments processor has fueled a debate over contracts between merchants and acquirers. If successful, this case could spur contractual shifts that change the way card brands view liability after card breaches.
Cyberhackers are increasing their efforts to target online credentials. And phishing attacks waged against accountholders at Chase in the U.S. and Barclays in the U.K. have made it clear that banking accounts are the target.
A breach is a disaster, says business continuity specialist Ken Schroeder. So organizing an effective breach-response team does not require a reinvention of the wheel. What it does require is a holistic approach.
Malcolm Harkins, CISO of Intel was quick to embrace BYOD as a means to cut costs and improve employee productivity. His advice to leaders struggling with the trend: "Don't shy away from the risk issues."
It's not a question of if employees will bring their own mobile devices to work and connect to your systems. It's a matter of when. But the benefits of BYOD outweigh the risks, says Malcolm Harkins, CISO of Intel.