Get instant
small business insurance quotes

Home > Professional Liability/Errors & Omissions Insurance > News

BYOD policies provide more benefits than harm


Many small to medium-sized businesses are fearful of "bring your own device" policies because of security concerns. Giri Sreenivas, CEO of Mobilisafe, told InformationWeek these concerns range from worries about outdated firmware to leaky network authentication.

Despite IT pros' concerns about the security of data on mobile devices used for both personal and business purposes, workers have attested that BYOD programs increase efficiency. Therefore, many enterprises are seeking security solutions that balance access and security, and enable workers to use the widest variety of devices as possible.

"Focusing on discovering and defining remediation to its corresponding risks to corporate data and resources will help SMBs achieve the right balance for their organization between employee choice and corporate data protection," Sreenivas told the source.

Another ways SMBs can assure security with workers using their own devices is to invest in a professional liability insurance policy, which can cover a business with concerns them stem from BYOD policies.

Sreenivas told the website the best way to deal with a number of different of devices in the workplace is to find out what your business values the most and protect that data, and it is also important to be consistent with employees, allowing everyone the same freedoms.

According to City A.M., BYOD policies provide a wide range of benefits, including reducing expenditures on hardware acquisitions.

The website said another benefit of BYOD policies is better technology, because people update their personal technology faster than businesses.

WHY Business Insurance Now?

Learn why thousands of small businesses trust Business Insurance Now as their insurance agency.

Take 15 minutes to see how we can help you protect your business.

  • FREE, no-obligation quotes.
  • Complete one online application to compare multiple quotes.
  • Fast response—typically less than 24 hours on week days.
  • We are a nationwide insurance agency covering 48 states.
  • We work directly with you to evaluate your insurance options.
  • We only work with the top business insurance carriers in the country.
  • Expert, licensed insurance agents to guide you through the process.