Here are a few things to think about before implementing a BYOD policy: So, you’ve decided to introduce a BYOD policy in your workplace, but you’re still concerned about managing risks. Well then . What's that? The training has been very efficient, and it frees up more time for associates to focus on customer service. Do you need to determine a list of forbidden apps? There are also the privacy issues that have to be dealt with. Employees tend to be more comfortable with their own devices, as opposed to learning how to use new one, and they are more productive. [CDATA[ The 3 Cybersecurity Challenges of Remote Working, The increased customisation a personal device offers, The decreased learning curve for applications due to end-user familiarity with devices. (Gabriel, 2013). Lost or stolen devices: if a personal device is lost or stolen, your employee may not be able to replace it immediately. There are a number of advantages to BYOD for both the user of the device and the company employing that user. Insurance Implications of BYOD Enterprise Mobility Exchange wanted to understand more about how leading enterprises were approaching BYOD. Many businesses had to quickly implement new IT capabilities due to COVID-19 - how can you protect yours from the resultant cyber risks? This will provide organizations with the protection and coverage options they need. Measures must be taken in order to avoid unnecessary security risks. Invest in cyber-liability insurance: sometimes, no matter what measures you take, hackers get through. The company also averts the cost of having to repair devices. To avoid these risks, businesses must understand what they entail and how they can provide an extra layer of protection to secure critical data. This can be particularly useful for smaller businesses and new start-ups. If you need particular functionality from your devices that is only available on expensive corporate hardware, then BYOD may not even be applicable at the moment. Last but by no means least, BYOD can have a metamorphic effect on employee satisfaction. Interested in learning how you can adequately secure your company's critical data? Sina is a communication specialist at Staffbase. Why independent field service software & mobile specialist means best-of-breed. When was the last time you reviewed your business' exposure to cyber risks? The average smartphone user spends $363 on their device. Also, if there’s no container, then the employee might be worried that their personal data can be wiped at any moment. Read our policy here... https://www.forbes.com/sites/lilachbullock/2019/01/21/the-future-of-byod-statistics-predictions-and-best-practices-to-prep-for-the-future/, https://www.thebalancecareers.com/bring-your-own-device-byod-job-policy-4139870, https://www.markeluk.com/articles/bring-your-own-device-the-risks-and-how-to-protect-against-them, https://www.veracode.com/security/byod-security. Firstly, contrary to the fears of many business owners that allowing employees to use their own devices would prove distracting, there’s a growing body of evidence that BYOD actually boosts productivity. Who in the IT department will be responsible for support? More cost efficient. While it’s advisable to discuss your plans with your workers council, the trend is often eagerly anticipated by employees. Cutting expenses: an obvious advantage of a BYOD scheme is the expense it saves you in purchasing devices for new starters. Even employees have noticed the difference; a report by CITO Research reveals that more than half of workers (53%) feel they’re more productive under a BYOD program than using company-provided devices. People tend to avoid communication if forced to do so on a device they don’t feel comfortable using. She writes about internal communication, mobile employee engagement and how to use an app in today's evolving workforce. Before implementing a BYOD policy at your business, develop a security plan that outlines regulations employees must follow. Longer device life leads to greater familiarity, which in turn boosts employee self-reliance and drives down the volume of service tickets and help-desk calls. In addition to having a solid BYOD policy, Walmart is also experimenting with numerous next-gen technologies as part of their digital transformation. Below are some examples, but not an exhaustive list, both from the user and business perspective. Though the model of BYOD may expect you to have a proper upfront investment initially, always remember that it will be far more cost effective later on. One of the questions your employees will immediately ask is whether the company will subsidize the cost of devices and data plans. Investing in good cyber liability cover will help you handle security breaches and minimise the damage to your business. Here are some simple steps you can take to help make BYOD work for you and your employees: Why not check your exposure to cyber risks with our quick questionnaire? We made it easy for you to exercise your right to vote! Employees leaving the company: if an employee leaves the company suddenly, it can be difficult to make sure that all confidential material has been wiped from their device. For further information on how we process and monitor The insurance industry must plan ahead to develop coverages or enhance existing offerings that protect companies against new and emerging risks associated with BYOD (e.g. Have you ever tried to calculate just how much money it would cost to provide all of your employees with corporate, mobile devices? Already an IQPC Community Member? According to a 2016 report from Cisco, companies with a BYOD policy in place save on average $350 per year, per employee. In addition, implementing BYOD means less time for training: employees are already familiar with their own devices and typically have the most up-to-date technology. Keeping up-to-date: while it can be a huge expense for employers to keep technology up-to-date, employees should feel more motivated to upgrade their personal devices.

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