Info-tech

'Companies should focus on improving mobile security'

Balaji Narasimhan Bangalore | Updated on March 12, 2018

As users rely on mobiles to get more things done, analysts feel that enterprises have to do more to secure devices.

IDC Financial Insights has said in a report that enterprises should review their mobile security policies because mobile banking and payments were becoming more popular.

The US leads the race and a study of the Consumer Bankers’ Association by Forrester found that members would spend one-third of their total digital budget on the mobile channel this year.

But the Asia-Pacific is also playing a big role. The IDC report says that by 2012, the region will command 47 per cent (541 million units) of the global smart-phone pie.

While companies have their role to play in improving security, end-users should also get their act together, said Mr Li-May Chew, CFA, Associate Director for IDC Financial Insights, Asia/Pacific Financial Advisory Service. “Device owners and end-users are typically the weakest link when it comes to information security. It is thus up to enterprises to increase employee awareness.”

Published on June 29, 2012

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