Security roundup: The average clean up cost of an enterprise mobile data breach is £167,000

This week we find out how much mobile data breaches cost enterprises, why business users incur higher malware risks, and more.

The average clean up cost of an enterprise mobile data breach is £167,000
New research from Wandera, who surveyed of over 500 IT decision makers in the UK, reveals that 18 per cent of respondents reported suffering at least one security breach via a mobile device in the last 12 months, with an average ‘clean up cost’ of £167,000.

The greatest proportion of those companies who suffered a breach (20 per cent) reported that remedying the damage caused by these breaches had cost their companies between £25,000 to £100,000 over the last 12 months. A further 10 per cent reported remediation expenses of more than £500,000.

Mobile business users incur highest malware risks
Allot Communications and Kaspersky Lab have announced the release of the Allot MobileTrends Report H1 2016, Mobile Users at Risk. Using a range of behavioural profiles, the report analyses the correlation between mobile Apps and URLs usage and user potential for malware risk.

Findings show that business users display the riskiest online behaviour. 79 per cent of businessmen and 67 per cent of businesswomen use potentially risky apps every day.

It also found that youth and millennials are also at high risk, with 65 per cent of them using potentially risky apps every day. Interestingly, potential malware risk is affected both by the online behaviour of the user and by the app or URL itself. “In other words, it’s not just the app; it’s how you use it,” said the firm.

Check out Allot and Kaspersky’s findings in the infographic at the bottom of the article.

Context researchers hack Motorola cloud security camera
Researchers at Context Information Security have succeeded in hacking a Motorola Focus 73 outdoor security camera, gaining access to the home network’s Wi-Fi password, obtaining full control of the pan-tilt-zoom controls and redirecting the video feed and movement alerts to effectively watch the watchers.

This latest exploit reinforces security concerns around the Internet of Things and the growing number of IoT devices hitting the market without adequate protection, said the firm.

In other news:
– Lanware, providers of outsourced cloud-based technology for financial services firms, has announced a partnership with security software provider Trend Micro to deliver enterprise-level secure technology solutions to smaller businesses across the UK.
The closure of Lincolnshire County Council’s computer systems following a malicious ransomware attack demonstrates the need for businesses in all sectors to review their security practices. This is the advice from Peter Groucutt, managing director of disaster recovery service provider Databarracks.

Lead image source: Shutterstock

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