NASDAQ OMX

Trouble at the Top - iPass Finds CEOs to be Greatest Risk to Enterprise Security

23.5.2017 09:00 | NASDAQ OMX

Dela

Organizations are increasingly concerned about mobile security threats, including man-in-the-middle attacks and high-risk coffee shop Wi-Fi

REDWOOD SHORES, Calif., May 23, 2017 (GLOBE NEWSWIRE) -- iPass Inc. (NASDAQ:IPAS), a leading provider of global mobile connectivity, today announced the iPass Mobile Security Report 2017, the results of which reveal that 40 percent of organizations believe that C-level executives, including the CEO, are most at risk of being hacked when working outside of the office. Cafés and coffee shops were ranked the number one high-risk venue by 42 percent of respondents, from a list also including airports (30 percent), hotels (16 percent), exhibition centers (7 percent) and airplanes (4 percent).

Compiling the responses of 500 organizations from the U.S., U.K., Germany and France, the annual iPass Mobile Security Report* provides an overview of how companies are dealing with the trade-off between security and the need to enable a mobile workforce. Indeed, the vast majority (93 percent) of respondents said they were concerned about the security challenges posed by a growing mobile workforce. Almost half (47 percent) said they were 'very' concerned, up from 36 percent in 2016. Furthermore, more than two thirds of organizations (68 percent) have chosen to ban employee use of free public Wi-Fi hotspots to some degree (compared to 62 percent in 2016), while 33 percent of organizations ban employee use at all times, up from 22 percent in 2016. 

"The grim reality is that C-level executives are by far at the greatest risk of being hacked outside of the office. They are not your typical 9-5 office worker. They often work long hours, are rarely confined to the office, and have unrestricted access to the most sensitive company data imaginable. They represent a dangerous combination of being both highly valuable and highly available, therefore a prime target for any hacker," said Raghu Konka, vice president of engineering at iPass. "Cafés and coffee shops are everywhere and offer both convenience and comfort for mobile workers, who flock to these venues for the free high speed internet as much as for the the coffee. However, cafés invariably have lax security standards, meaning that anyone using these networks will be potentially vulnerable."   

Man-in-the-middle attacks, whereby an attacker can secretly relay and even alter communications without the mobile user knowing, were identified by 69 percent of organizations as being of concern when their employees use public Wi-Fi. However, more than half of respondents also chose a lack of encryption (63 percent), unpatched operating systems (55 percent), and hotspot spoofing (58 percent) as chief concerns.   

Highlights from the report and regional trends include:

  • The U.S. (98 percent) is most concerned by the increasing number of mobile security challenges - compared to France (88 percent), Germany (89 percent) and the U.K. (92 percent)
  • Nearly one in ten U.K. organisations (8 percent) said that they have no security concerns when employees use public Wi-Fi hotspots. In contrast, this figure is one percent in the U.S. and Germany, and two percent in France
  • Similarly, U.K. organisations are the least likely to ban the use of public Wi-Fi. Forty-four percent said that they have no plans to do so, as opposed to eight percent in Germany, 10 percent in the U.S. and 15 percent in France
  • Worldwide, 75 percent of enterprises still allow or encourage the use of MiFi devices. In France, however, 29 percent of businesses have banned them due to security concerns 

"Organizations are more aware of the mobile security threat than ever, but they still struggle to find the balance between security and productivity," continued Konka. "While businesses understand that free public Wi-Fi hotspots can empower employees to do their job and be more productive, they are also fearful of the potential security threat. Man-in-the-middle attacks were identified as the primary threat, but the entire mobile attack surface is getting larger. Organizations must recognize this fact and do their best to ensure that their mobile workers are securely connected."  

"Sadly, in response to this growing threat, the majority of organizations are choosing to ban first and think later. They ignore the fact that, in an increasingly mobile world, there are actually far more opportunities than threats. Rather than give in to security threats and enforce bans that can be detrimental or even unenforceable, businesses must instead ensure that their mobile workers have the tools to get online and work securely at all times."  

*The research was carried out by independent market research company, Vanson Bourne, during March 2017. The sample comprised 500 CIO and IT decision makers from the US (200), UK (100), Germany (100) and France (100).

About iPass
iPass (NASDAQ:IPAS) is a leading provider of global mobile connectivity, offering simple, secure, always-on Wi-Fi access on any mobile device. Built on a software-as-a-service (SaaS) platform, the iPass cloud-based service keeps its customers connected by providing unlimited Wi-Fi connectivity on unlimited devices. iPass is the world's largest Wi-Fi network, with more than 60 million hotspots in more than 120 countries, at airports, hotels, train stations, convention centers, outdoor venues, inflight, and more. Using patented technology, the iPass SmartConnect(TM) platform takes the guesswork out of Wi-Fi, automatically connecting customers to the best hotspot for their needs. Customers simply download the iPass app to experience unlimited, everywhere, and invisible Wi-Fi.

iPass® is a registered trademark of iPass Inc. Wi-Fi® is a registered trademark of the Wi-Fi Alliance.

Media Contacts

U.K.
Kewal Varia
Spark Communications
Tel: 020 7436 0420
Email: ipass@sparkcomms.co.uk

U.S.
Asma Stewart
Chorus Studios
Tel: 650 517 3130
Email: asma@chorusstudios.com

IR Contacts
Kirsten Chapman / Becky Herrick
LHA Investor Relations
415-433-3777
ipass@lhai.com

 

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: iPass, Inc. via Globenewswire

Om

NASDAQ OMX
NASDAQ OMX



Följ NASDAQ OMX

Skriv in din e-postadress så får du ett mejl när vi har något nytt att berätta.

Senaste nyheterna från NASDAQ OMX

Minerva Neurosciences Announces Pricing of Public Offering of Common Stock29.6.2017 00:47Pressmeddelande

WALTHAM, Mass., June 28, 2017 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (NASDAQ:NERV), a clinical-stage biopharmaceutical company, today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $7.75 per share. Proceeds to Minerva from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be approximately $38,750,000. The offering is expected to close on or about July 5th, 2017, subject to customary closing conditions. Citigroup and Jefferies are acting as the book-running managers for the offering, and JMP Securities is acting as lead manager for the offering.   Minerva has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of its common stock, on the same terms and conditions. Minerva intends to use the net proceeds from the offering, together with its existing cash and investments, to fund part of th

Yandy.com Celebrates Baywatch Movie With Inspired-By Swim Collection28.6.2017 20:18Pressmeddelande

Yandy launches swim collection for domestic and international consumers PHOENIX, June 28, 2017 (GLOBE NEWSWIRE) -- Yandy.com, the leading online retailer of intimates, swimwear, and specialty apparel, announced today the top-performing swimsuits from its Baywatch ®  swimwear collection. To celebrate the film's U.S. release - Yandy.com produced, marketed and sold three swimwear designs inspired by looks worn by the movie's female lifeguard characters. The new Baywatch movie follows devoted lifeguard Mitch Buchannon (Dwayne Johnson) as he butts heads with a brash new recruit (Zac Efron). Together, they uncover a local criminal plot that threatens the future of the Bay. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7d66d8a5-c973-4449-be85-6289c481671c Yandy's release of the Baywatch-inspired collection in May demonstrated an immediate interest among domestic consumers. No

Nasdaq's Directors Desk® and Boardvantage® to Introduce Board Assessments and Compliance Questionnaires28.6.2017 16:05Pressmeddelande

A Unique Collaboration between Nasdaq Corporate Solutions and the Center for Board Excellence NEW YORK and GREENSBORO, N.C., June 28, 2017 (GLOBE NEWSWIRE) -- Nasdaq Corporate Solutions, a business of Nasdaq, Inc. (Nasdaq:NDAQ), announced today a new partnership with The Center for Board Excellence (CBE), a provider of board assessments and compliance questionnaires. In the first phase of the partnership, Nasdaq Corporate Solutions will facilitate introductions for users of Directors Desk and Boardvantage - Nasdaq's board portal and meeting management solutions - to CBE's cloud-based corporate governance solutions including: board and committee assessments; director peer assessments; CEO and management evaluations; and directors' & officers' questionnaires. Later this year, the parties plan to offer an integrated workflow between Nasdaq's board portal solutions and CBE's EnGauge(TM) platform, making it even easier for users to elect to benefit fr

Datameer : Datameer Announces Industry-First Solution for Deploying AI to the Enterprise at Big Data Scale28.6.2017 15:00Pressmeddelande

New Datameer SmartAI democratizes data science within organizations by operationalizing deep learning models with enterprise scale and governance SAN FRANCISCO, June 28, 2017 (GLOBE NEWSWIRE) -- Furthering its mission to democratize data access within the enterprise, Datameer today unveiled SmartAI, an industry-first solution for operationalizing deep learning models directly within enterprise data lake environments securely and at scale. SmartAI finally allows enterprises to democratize data science, taking the deep learning work of data scientists from the lab to the business in production-ready scenarios that meet the big data security, governance and management standards IT requires. Now, business analysts can apply and execute trusted deep learning models against massive datasets from enterprise data lakes to drive better business outcomes. "With all the promise of data science and artificial intelligence, organizations have had difficulty delivering on its busi

Imperial Capital Hires Two Senior Sales Professionals Forming a Dedicated Convertible Institutional Sales Group28.6.2017 14:30Pressmeddelande

LOS ANGELES, June 28, 2017 (GLOBE NEWSWIRE) -- Imperial Capital Group, LLC ("Imperial Capital") announced today the hiring of James P. Kenney and Kevin Cadden, two senior institutional convertible sales professionals, forming a dedicated Convertible Sales Group, while adding to the franchise's continued credit sales & trading growth initiatives. The group will be responsible for expanding Imperial Capital's existing credit sales and trading business further into convertible products while working with a team of seasoned trading and research professionals to provide its institutional clients with valuable market color, trading ideas and excellent execution in both the fixed income and equity markets. "With the hiring of James and Kevin, we are able to provide our institutional clients with a team of veteran sales and trading professionals specializing in the convertible bond marketplace," said Tom Corcoran, President of Imperial Capital. "The team bri

AGF Management Limited Reports Strong Second Quarter 2017 Financial Results28.6.2017 14:00Pressmeddelande

30% growth in mutual fund gross sales compared to prior year quarter 50% of ranked AUM performed above median for the one-year period ended May 31, 2017, and 53% for the three-year period Achieved final close of InstarAGF Essential Infrastructure Fund (EIF) with $740 million in commitments Reported Diluted EPS of $0.16 compared to $0.12 in Q2 2016 TORONTO, June 28, 2017 (GLOBE NEWSWIRE) -- AGF Management Limited (AGF or the Company) today announced financial results for the second quarter ended May 31, 2017. Total assets under management (AUM) increased 8.0% to $36.4 billion compared to the same period in 2016, and up 3.7% compared to $35.1 billion as at February 28, 2017. AUM increased across all lines of business, including retail, private client, institutiona

I vårt nyhetsrum kan du läsa de senaste nyheterna, få tillgång till pressmaterial och hitta kontaktinformation.

Besök vårt nyhetsrum