While cloud computing and BYOD present numerous advantages in the modern workplace, they also introduce security risks and challenges that require attention. Potential risks associated with both include data leakage, device loss, unauthorized access, and compliance violations, posing threats such as cyberattacks, breaches, and legal repercussions.
To address these concerns, robust security measures like encryption, multi-factor authentication, and regular security audits are crucial. Implementing these safeguards helps prevent unauthorized access, secure sensitive data, and ensures compliance with relevant laws and regulations. As per IBM, 82% of security breaches encompass data housed in the cloud. According to Expert Insights, 45% of breaches are specifically associated with cloud platforms.