Nearly one third of firms are not adequately equipped to cope with smartphone security concerns. Thirty two percent of businesses are inadequately equipped to achieve the mobile security level needed for IoT and BYOD, said a Verizon report. The report indicated that bring your own device policies are leaving companies open to cyberthreats. Many firms are unprepared for the Internet of Things. Nearly one in three businesses said they sacrificed mobile security in favor of business performance. Moreover, the Verizon report showed that only 14 percent of businesses had implemented…
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