In the face of growing cybersecurity threats, many businesses are desperate for ways to protect themselves from severe financial losses created by malicious attacks. Many are even turning to insurance companies for help. According to PwC, the market for cyber insurance is projected to hit $7.5 billion by 2020. But while these enterprises are hoping insurance companies can help mitigate losses, those insurance organizations are also seeking ways to protect themselves from emerging security threats. These businesses haven’t solved their own challenges regarding mobile security and the need for better insurance apps and data solutions. This is especially true when it comes to supporting employees and improving security as well as their productivity. Between insurance apps, claims management software and other business solutions relevant to their industry, insurance brands are eager to adopt technologies that address today’s security threats. Here are some ways i...
We’re living in an increasingly mobile world. According to recent research from Sapho, three-quarters of companies allow employees to use personal devices for work , and employees who enjoy this workplace benefit save 81 minutes per week on the job. With this convenience and enhanced productivity, however, comes a business risk: If an employee’s personal mobile device is lost or stolen, unauthorized parties can easily access sensitive data stored in email and other applications. Here’s why data encryption on personally owned devices is so important and how better employee data protection protects both the business and its staff. Why mobile data encryption matters The mobile devices we use to check sports scores and order takeout can feel so closely linked with our personal lives that, at times, we might underestimate the considerable risks they pose from a business security standpoint. Make no mistake: The risks are real. Because these devices are getting smaller ...