What does BYOD mean? And what does it mean to your business? BYOD stands for bring your own device. This is where people no longer rely on their employers to provide them with a work phone or work computer, but instead utilize their own personal device (phone, tablet, computer etc.) for both work and personal use. 55%, more than half, of high performing customer focused work forces allow byod. Microsoft estimates that 67% of their employees use BYOD!
The expected growth of BYOD market is $238.39 Billion by 2020. BYOD is definitely a popular option for businesses in 2019. For those of us still on the fence, lets discuss the benefits and challenges we face when we consider implementing BYOD.
Benefits of Implementing BYOD
Reduces cost of equipment and maintenance for the company! It also reduces IT cost for the company. Employees often take better care and ownership of their own equipment as well.
When people are using with their own technology, that they are most familiar with, they can work smarter and more efficiently. Also, employees are more likely to work more, when they do not have to switch devices when at home or at work.
Increases employee loyalty
Most people view BYOD as a workplace benefit! When employees are empowered to use their own device, they have increased job satisfaction. Employees often view BYOD as a way to better balance work and life because they do not have to switch devices to work.
Gives employees flexibility so they can work from anywhere, anytime! So many companies have employees that work from home or in the field, and having the ability to BYOD makes working remotely easier!
Challenges of Implementing BYOD
Security risk for a company can increase
Since employees are bringing devices from home to work and work to home, there is always the possibility that confidential data could be compromised.
Employee security concern
Again, with employees utilizing their device both at work and home, there is the possibility that an employees personal information could be compromised.
Ensuring security guidelines are followed
It is great to have guidelines, but are they always followed. This is an obstacle for BYOD. A business needs to ensure that their security guidelines for BYOD are followed or it could end in significant loss.
How Can An MSSP Help You Implement Your BYOD Strategy
Utilizing a managed security service provider to help you implement a BYOD strategy is important. Griffin Group Global is an MSSP who can help you best implement a BYOD strategy. Griffin Group Global can implement the best BYOD strategy through their SourceONE™ Managed Security Services.
You should always extend encryption to both data in transit and data at rest. Protecting your devices with strong passwords means you make it incredibly difficult for someone to break in and steal data. But, if somehow your device-level password is compromised, encrypting the data stored on the device provides a second level of security a hacker must get through in order to steal your data. In addition to applying pass codes and antivirus prevention to your devices, you should apply a custom level of application control to BYODs. If applications are available to employees on the internal network, they should be able to access them offsite through a VPN or email software.
A successful BYOD program allows your users to be productive outside of their scheduled work hours while also giving them the flexibility to do the things they like to do when they’re not working—like update their status.
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