The global market for Bring Your Own Device (BYOD) is expected to reach an eye-watering $73.30 billion by 2021. BYOD in the workplace is a great way to increase employee happiness and satisfaction, save money by eliminating the need to buy each employee specific devices and equipment, and boost productivity. While there are many perceived benefits of BYOD, the significant legal liability for employers who fail to address the security risks are even bigger. Fortunately, there are several steps that an employer can take to prevent BYOD risks that are often associated with a BYOD workplace.
By having an in-depth knowledge of the risks associated with BYOD, companies can implement a BYOD policy and outline regulations that all employees must follow.
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