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 pressmeddelandena från NASDAQ OMX

Promethean Opens New Global Headquarters in Seattle18.8.2017 18:38Pressmeddelande

Seattle, Wash., Aug. 18, 2017 (GLOBE NEWSWIRE) -- PrometheanTM, a global education technology company, announced today the opening of its new global headquarters in Seattle, Wash. Promethean's office in Atlanta, Ga. will continue to serve as the hub for the Americas markets, and the Blackburn, U.K. office will continue to carry on as the hub for the EMEA markets and parts of Asia.  Promethean is one of the leading brands in the international education technology market with more than 20 years of experience in the K-12 classroom. Its solutions are in more than 50,000 schools and institutions in 154 countries. "As traditional pedagogy continues to move towards immersive learning, it's important for Promethean to lead innovation in education with the latest technology," said Vin Riera, CEO of Promethean. "Seattle is a global technology hub, and establishing Promethean's global headquarters there increases opportunities for new business models, concepts

Hminers Disrupts the Cryptocurrency Market with Powerful, Multi-Algorithm Mining Rigs18.8.2017 11:00Pressmeddelande

Hminers continues to hit the headlines in the rapidly expanding global market for cryptocurrency. The Miami-based company has recently introduced three extremely powerful, multi-algorithm mining rigs that have been designed to provide maximum hash rate with minimum power consumption. MIAMI, Aug. 18, 2017 (GLOBE NEWSWIRE) -- In their relentless efforts to deliver state-of-the-art products related to cryptocurrency, Hminers has recently launched three brilliantly designed bitcoin mining rigs. The unique features and capabilities of the company's new H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U have already grabbed the attention of the cryptocurrency enthusiasts and experts around the world. An organization with a rich tradition, Hminers (www.hminers.com) is recognized in the industry as the creator of the first ever 10 nm ASIC Chip in the world. Cryptocurrency mining is the process of generating new cryptocurrency that requires a pot

Nasdaq Welcomes I-AM Capital Acquisition Company (Nasdaq: IAMXU) to The Nasdaq Stock Market17.8.2017 18:50Pressmeddelande

NEW YORK, Aug. 17, 2017 (GLOBE NEWSWIRE) -- I-AM Capital Acquisition Company (Nasdaq:IAMXU), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, celebrated its initial public offering (IPO) on The Nasdaq Stock Market.  I-AM Capital's founders, Chief Executive Officer F. Jacob Cherian and Chief Financial Officer Suhel Kanuga, have been focused on investing into India over the last decade, with the distinction of completing the first listed-SPAC investment in India. "Through our keen focus and unique accomplishments in India over the last decade, we have seen our investment thesis bear fruit: India's prominence and rise on the world stage, its distinction as being one of the fastest growing major economies of the world, and its strong vibrant consumer demographics. We believe these factors are aligning well now,

Tetraphase Pharmaceuticals Announces Submission and Validation of IV Eravacycline Marketing Authorization Application by European Medicines Agency17.8.2017 14:30Pressmeddelande

WATERTOWN, Mass., Aug. 17, 2017 (GLOBE NEWSWIRE) -- Tetraphase Pharmaceuticals, Inc. (NASDAQ:TTPH), a clinical-stage biopharmaceutical company developing novel antibiotics to treat life-threatening multidrug- resistant (MDR) infections, today announced that the Marketing Authorization Application (MAA) for IV eravacycline for the treatment of complicated intra-abdominal infections (cIAI) has been submitted and was validated by the European Medicines Agency (EMA). Eravacycline is a novel, fully-synthetic fluorocycline antibiotic being developed for the treatment of serious infections, including those caused by multidrug-resistant (MDR) pathogens. The MAA filing is based on data from the phase 3 IGNITE1 clinical trial in which eravacycline was well tolerated and demonstrated statistical non-inferiority to ertapenem using the primary endpoint of clinical response at the test-of-cure (TOC) visit. "The MAA filing represents a significant milestone for Tetraphase as it is our

RedHill Biopharma Announces U.S. Commercialization Agreement for FDA-Approved GI Product Esomeprazole Strontium Delayed-Release Capsules17.8.2017 13:00Pressmeddelande

RedHill was granted the exclusive rights to promote Esomeprazole Strontium Delayed-Release (DR) Capsules to gastroenterologists in certain U.S. territories Esomeprazole Strontium DR Capsules 49.3 mg is an FDA-approved, proprietary, prescription proton pump inhibitor (PPI), indicated for adults for the treatment of gastroesophageal reflux disease (GERD) and other gastrointestinal (GI) conditions   RedHill expects to initiate the U.S. promotion of Esomeprazole Strontium  DR Capsules 49.3 mg  in the coming weeks   Esomeprazole Strontium  DR Capsules 49.3 mg  will be the third commercial GI product to be promoted by RedHill in the U.S.    RedHill's GI-focused sales force currently promotes two GI s

Brand Industrial Services Announces Agreement to Acquire Venko Groep BV16.8.2017 19:40Pressmeddelande

Complementary core strengths provide broader range of services for customers KENNESAW, GA, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Brand Industrial Services, known as BrandSafway, has signed an agreement to acquire Venko Groep BV, a portfolio company of Mentha Capital. Venko will become a part of the Brand Energy & Infrastructure Services (Brand) group. "We are very pleased to announce the agreement with Venko," said Bill Hayes, President and CEO of BrandSafway. "Our combined customers in Europe will benefit from a broader range of solutions and greater depth of expertise in access, insulation and coatings. Bringing Venko's highly specialized knowledge in coatings to BrandSafway will provide the expertise we need to expand our services in the offshore market worldwide." Based in the Netherlands, with a focus on operations in the North Sea area, Venko is a leading offshore and onshore coatings maintenance provid

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

Besök vårt pressrum