The rise of mobile devices has created uncertainties regarding what authority a company has over an employee's personal device if it is also used for work-related activities, and what actions a company must take if a device is lost or stolen, according to experts.
Mobile devices are vulnerable to cyber attacks just like desktop computers and laptops are, according to Larry Collins, vice president, e-solutions, risk engineering at Zurich NA. Speaking today during Advisen's webinar, “Cyber Security: The Growing Liability of Handheld & Mobile Devices,” Collins explained that these devices are essentially mini or micro computers, and he added that any computer system that has a networked connection or software system can be broken into and hacked.
Additionally, because devices such as smartphones and tablets are small and portable, they are easily misplaced. John Mullen, a partner with Nelson, Levine, de Luca & Hamilton, said during the webinar that the TSA had to lease a new warehouse just to store devices misplaced and left behind at airports.
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