#CyberFLASH: Remote Access & Mobile Device Security

Apple Hosts Event At Company's Town HallA company’s worst nightmare is where documents have been leaked and clients’ confidential information has been exposed for all to see. Just recently, this nightmare became a reality for Mossack Fonseca & Co, a business providing legal and trust services based in the Republic of Panama. As reported by the media, 11.5 million documents detailing confidential transactions involving their clients were leaked. Creating an enormous frenzy, these infamous documents are now being referred to as the Panama Papers. Although the source of the leak is said to have come from an anonymous source that sent an email to a German newspaper, how that source came into contact with information is still unknown. Regardless of whether criminal charges are filed in conjunction with the Panama Papers, the breach will have a significant impact on the company’s reputation. Most likely, the business will face civil liability as a result of the disclosure of the confidential information.

The Panama Papers serve as a pressing example as to the importance of securing all points of entry to sensitive information. Companies need to engage in ongoing assessments to ensure they do not become the next headline. When a business assesses their cyber security, the company needs to consider all points of entry to their system. Particular areas that companies often neglect in assessing their information security are the remote points of access to their sensitive information as well as their employees’ use of mobile devices.

Remote Access

With the advancements in technology, there has been a resulting increase in the rate of employees who work from home. This is likely because with technological improvements, many things that you were once only able to do at work, can now be done from the comfort of your home. Clearly the ability to work from home provides a convenience to employees, and an incentive for employers, as employees can continue to be productive after the official business hours of the day are done. However, despite the seemingly numerous benefits associated with remote access, working from home can introduce additional risks for the company.

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