Skip to content
Search AI Powered

Latest Stories

Verizon: Employers struggle to balance cybersecurity with business imperatives

Corporations rush to cover proliferating endpoints, due to bring-your-own-device (BYOD) policies, hybrid working, and spread of IoT

verizon Screen Shot 2023-11-22 at 11.02.26 AM.png

Waves of professionals have continued telecommuting to their offices since the end of the covid pandemic, opening new gaps in companies’ cybersecurity defenses as they connect to their companies through collections of private and mobile devices, according to a report from Verizon Business.

The trend has led over half of all companies (62%) to report that they have experienced a breach that was at least partially attributable to remote working in the past three years, the firm said in its “2023 Mobile Security Index” (MSI) report. This year’s report is the sixth publication, and includes insights from Verizon’s partners Akamai, Fortinet, Lookout, Allot, IBM, Proofpoint, Check Point, and Ivanti.


Reliance on multiple mobile devices compounded by the multitasking that often comes with mobile use is an ultimate threat for organizations, Verizon said. Bring-your-own-device (BYOD) policies, hybrid working, and the proliferation of Internet of Things (IoT) have multiplied the scale and complexity of protecting endpoints.

That helps explain why over a third (34%) of users have fallen for one of the five following basic security errors:

  • Clicking a phishing link (18%)
  • Downloading malware from smish (SMS phishing) (13%)
  • Downloading malware generally (11%)
  • Giving personal information to a scammer (9%)
  • Giving a password to an untrustworthy source (8%)

“A lack of understanding of the potential consequences combined with the blurring of boundaries between home and work make a dangerous combination,” Mike Caralis, Vice President of Business Markets at Verizon Business, said in a release. “Cyber crime is getting more sophisticated by the years, and it doesn’t always come in the form that you’d expect.”

One example of that is the recent growth of generative artificial intelligence (gen AI) which has quickly proven to be a cybersecurity challenge. According to Verizon, anyone with internet access can create a “deep fake” image or video that makes their phishing attacks even more effective.

The widespread use of mobile devices such as smartphones and laptops is a particular weakness. For example, users are 6-10 times more likely to fall victim to an SMS (text-based) phishing attack than an email attack, and 90% of successful cyberattacks and as many as 70% of successful data breaches originate at endpoint devices.

Mobile devices are especially vulnerable because they rely on public wi-fi points to connect to computer networks, Verizon said. The vast majority (90%) of remote workers access corporate resources from locations other than their home—the average is five different locations—exposing the organization to additional security risks.
 

 

 

Recent

More Stories

photos of grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less

Featured

minority woman with charts of business progress

Study: Inclusive procurement can fuel economic growth

Inclusive procurement practices can fuel economic growth and create jobs worldwide through increased partnerships with small and diverse suppliers, according to a study from the Illinois firm Supplier.io.

The firm’s “2024 Supplier Diversity Economic Impact Report” found that $168 billion spent directly with those suppliers generated a total economic impact of $303 billion. That analysis can help supplier diversity managers and chief procurement officers implement programs that grow diversity spend, improve supply chain competitiveness, and increase brand value, the firm said.

Keep ReadingShow less
Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
pie chart of business challenges in 2025

DHL: small businesses wary of uncertain times in 2025

As U.S. small and medium-sized enterprises (SMEs) face an uncertain business landscape in 2025, a substantial majority (67%) expect positive growth in the new year compared to 2024, according to a survey from DHL.

However, the survey also showed that businesses could face a rocky road to reach that goal, as they navigate a complex environment of regulatory/policy shifts and global market volatility. Both those issues were cited as top challenges by 36% of respondents, followed by staffing/talent retention (11%) and digital threats and cyber attacks (2%).

Keep ReadingShow less
cargo ships at port

Strike threat lingers at ports as January 15 deadline nears

Retailers and manufacturers across the country are keeping a watchful eye on negotiations starting tomorrow to draft a new contract for dockworkers at East coast and Gulf coast ports, as the clock ticks down to a potential strike beginning at midnight on January 15.

Representatives from the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) last spoke in October, when they agreed to end a three-day strike by striking a tentative deal on a wage hike for workers, and delayed debate over the thornier issue of port operators’ desire to add increased automation to port operations.

Keep ReadingShow less