Hong Kong CIOs are Stepping up Against Security Risks Posed by BYOD

May 11, 20178:55 am638 views

Hong Kong’s Chief Information Officers (CIOs) are stepping up their fight against the security risks posed by the widespread use of Bring Your Own Device (BYOD) practices, where employees use their own laptops, tablets and Smartphones at work.

According to a recently published report, Cyber-security – Defending your future, commissioned by specialist recruiter Robert Half, one in three (33 percent) CIOs say lack of employee knowledge and skills around data security is the most significant security risk their organisation will face in the next five years.

While traditionally, the response to IT security has been to find the optimum way to protect a business’ assets from external security attacks, a growing risk now faces organisations in the form of potential internal security threats. This threat is made evident by the fact that almost three in four (74 percent) CIOs allow their employees to access corporate data on their personal devices.

Adam Johnston, Managing Director Robert Half Hong Kong said: “With such a highly mobile and device driven workforce in Hong Kong, it is no surprise that companies see potential in boosting productivity and engagement by offering BYOD options. However, these practices pose a significant cyber-security threat and demand that corporate networks and data are protected, that mobile device management strategies are put in place, and that security policies are developed.” 

See: Pros and Cons of Implementing BYOD Policy

“Although it may not be intentional, simple human error can expose companies to increased cyber-attacks and situations where sensitive company data can be compromised. The impact of data security breach on a company’s reputation can be devastating and it can take years to win back customer confidence, so proactively developing a robust IT security strategy that covers both external and internal risks, should be a top priority.”

To combat the ongoing threat posed by BYOD, nearly all (99 percent) CIOs are taking steps to protect their company from potential data breaches. 57 percent have deployed mobile device management technologies to enforce enhanced protection on employee’s mobile devices, while 56 percent require employees to sign an acceptable use policy.

More than half (51 percent) CIOs are providing training to their staff on maintaining security with using their mobile devices and more than two in four (45 percent) are using authentication software.

There is an increasing demand for IT security specialists with niche skills needed to protect companies against data security risks, including risks related to BYOD. But finding the right skillset is a challenge. 98 per cent of Hong Kong CIOs find it challenging to source skilled technology professionals, with almost one in four (23 percent) saying professionals with mobile security skills are the most in demand.

“Protecting their company from the cyber-threats posed by employees and BYOD is a crucial issue for Hong Kong CIOs. The solution is to treat IT security as a continuous enterprise-wide process while making all employees aware of the risks associated with email, social media and confidential information,” Adam Johnston concluded.

Also read: Hong Kong Raises its Minimum Statutory Wage Rate by $2 with effect from May 2017

Image credit: Flickr

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