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Employees must learn how to protect devices

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Employing a mobile workforce provides small-business owners greater versatility by giving staff the ability to work from anywhere with an internet connection. Many firms can’t afford to outfit their team with smartphones or tablets, paving the way for “bring your own device” (BYOD) policies. Because these deployments bring on inherent risks, small firms should have cyberliability insurance to protect company data. In addition, employees have to do their best in securing their mobile gadgets.

However, a new survey from NQ Mobile, a mobile internet services provider, found one-quarter of survey respondents have either lost their phone or had it stolen in the past, but only 52 percent of respondents said their device has a passcode or other authentication method set up. This is not good news for small-business owners who give their employees the ability to use their own smartphones and tablets to complete business-related tasks.

“Consumers are entrusting their mobile devices with their most valuable information, and they seem aware of the problems that a loss or breach of security can cause,” said Conrad Edwards, chief experience officer for NQ Mobile. “Still, we’re not seeing people taking the level of action they should in order to protect themselves.”

Lost devices could lead to big problems
Employees at small firms know how important their devices are to them, and if phones land in the wrong hands, cybercriminals could potentially debilitate a company. The survey revealed 48 percent of respondents said they would be “in big trouble” if they misplaced their smartphone or tablet, but in the same token, 44 percent believe the data they need to protect is properly secured. Establishing a clear BYOD policy is the only way to ensure the security of employee-owned gadgets.

Consider the pros and cons of BYOD
?Not all companies need to deploy BYOD policies. In fact, small-business owners should understand if letting employees use their personal devices for work-related purposes is worth it. According to a recent article by Business 2 Community, firm owners must look at what mobile features they can benefit from the most. If the staff relies heavily on communicating via email, a BYOD policy could allow employees to be constantly connected. However, if the company uses virtualized desktops, using employee-owned devices will not be as beneficial to the enterprise as originally conceived.

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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