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Two thirds of organizations surveyed for a recent report said they suffered a data breach that resulted from employees using mobile devices to access confidential company information, according to the San Francisco-based security firm Lookout and Traverse City, Mich.-based Ponemon Institute.

The companies said an average of 3% of employees’ mobile devices are infected with malware at any point in time, which equals more than 1,700 mobile devices in a typical organization that connect to an enterprise network every day. A mobile data breach could therefore cost enterprises more than $26 million, according to the report, titled, “The Economic Risk of Confidential Data on Mobile Devices in the Workplace.”

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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