MUMBAI, INDIA: ISACA today released a white paper detailing how the
increasing popularity of mobile devices poses a significant threat of
leaking confidential enterprise information and intellectual property.

In a complimentary new white paper titled “Securing Mobile Devices,” ISACA,
a leading global association for enterprise governance of information
technology (IT), noted that the use of wireless networks, typically less
secure than wired networks, leaves information at greater risk for
interception. From smartphones to USB sticks, many devices also store data
that are unencrypted, which can result in sensitive information being
compromised through interception and device theft or loss. Mobile devices
can also be the targets of malware attacks as employees carry them beyond
the protection of their company’s network.

The white paper notes that a lack of enterprise control of physical devices,
along with the growing practice of employees using personal devices for
business, has increased mobile device risk levels.

According to the Ponemon Institute’s Global 2009 Annual Study on Cost of a
Data Breach, 32 percent of all data breach cases in the study involved lost
or stolen laptop computers or other mobile data-bearing devices. While the
average organizational cost of a data breach was US $3.4 million, all
countries in the study reported noticeably higher data breach costs
associated with mobile incidents.

“Ironically, many of the risks associated with mobile devices exist because
of their biggest benefit: portability,” said ISACA white paper project
development team member Mark Lobel, CISA, CISM, CISSP, and principal,
PricewaterhouseCoopers. “To help their company meet its goals of protecting
intellectual property and sustaining competitive advantage, information
security managers need to create an easily understood and executable policy
that protects against risks related to leaking confidential data and
malware.”

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