Enterprises at Risk: Data Breaches & Productivity issues Revealed | GBAF

Enterprises at Risk: Data Breaches & Productivity issues Revealed | GBAF

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Business > Enterprises that wait to adopt a mobile-first strategy set to fail, report finds

Enterprises that wait to adopt a mobile-first strategy set to fail, report finds

Published by Gbaf News

Posted on December 6, 2019

4 min read

Last updated: January 21, 2026

Enterprises that wait to adopt a mobile-first strategy set to fail, report finds

Industry report reveals enterprises are risking data breaches and poor productivity through substandard mobile integration for business-critical operations

According to a new industry report, 1 in 3 enterprises are sending their employees to work in challenging conditions without the latest available equipment and technology, increasing the potential for data leakages and data breaches, a new global report has found.

In collaboration with IQPC and Enterprise Mobility Exchange, industry report “Racing Toward the Future of Enterprise Mobility,” has been published by enterprise mobility and IoT management provider SOTI Inc. Whether driving innovation, changing user behaviour or improving data management, mobility is at the heart of many business strategies. Enterprises cite security and privacy concerns as major hurdles they need to overcome, or at least feel in control of, before they can lay the groundwork to enhance their productivity, lower operating costs, and innovate.

Report reveals staggering data and mobile security threats

Among the key areas of the report, fresh statistics are revealed around data and mobile security threats. More than a third (31%), of respondents revealed they had experienced a data breach within the past two years, making this a major part of any IT team’s focus. Perhaps most shockingly, more than a quarter (27%) of surveyed enterprises admitted that they either do not currently comply with national or global mobile device protection regulations or are completely unaware if they do.

Additionally, more than half of respondents surveyed in the report cited five key mobile security concerns for their enterprises: data leakages (70%), data breaches (61%), phishing attacks (55%), mobile malware (54%) and malicious apps (47%). Respondents in the US said they were less concerned about mobile malware (51%) than respondents with operations in India (75%), Germany (78%) and the UK (80%), however. This is also the case when it comes to personal data collection and misuse, with just 41% citing it as a major concern in the US, compared with 69% in Canada, 70% in the UK, 72% in France and 78% in Germany.

Modern workforce myths uncovered

Within the industry report, it was found that 1 in 3 enterprises aren’t equipping their field workforce with the right technology to carry out their jobs. In respect to providing support to business-critical roles such as frontline mobile workers in the field, the report shows that 65% of organizations are deploying mobile devices, but a sizeable minority of 28% are not.

Organizations lacking a mobile-first mindset risk hampering operational success and jeopardizing worker productivity. It is, therefore, concerning that almost two-thirds of organizations are resisting mobile transformation, with 64% of our survey respondents revealing that workplace culture is their leading challenge to overcome.

Setting the scene for IoT and 5G

The split between organizations that are and are not leveraging the Internet of Things (IoT) is startling, revealing that not all are convinced by the potential of IoT. The survey saw 45% saying yes when asked if their organization was leveraging IoT, meaning more than half are not, despite a sizable 76% of survey respondents agreeing that IoT offers their enterprises improved productivity.

Shash Anand, Vice President of Product Strategy at SOTI, comments: “The need to place mobility management and innovation at the heart of an organization’s strategy, or risk data breaches and the associated damage to reputation and customer relationships is paramount. It’s crucial that enterprises provide employees with access to the latest upgrades, apps and devices alongside robust employee education to form a core mobile transformation strategy. A forward-looking mobile strategy leads to satisfied staff and customers, a win-win for any business.“

The respondents to the exclusive survey were either the influencer or direct purchaser of the technology or mobility solutions within their enterprise, each highlighting varying challenges, current abilities and capacity to embrace change, and ultimate corporate aspirations and goals.