When it comes to the bring your own device (BYOD) phenomenon, the experience of employee-owned devices being used for work is becoming a way of life, according to a new survey. Such an employee mindset evolution may trigger changes in the whole corporate IT ecosystem, as the BYOD trend implies corporate data to travel outside a secure local network. This is why corporate IT departments are striving to adopt authentication solutions to be used on employee-owned mobile devices to secure corporate data.
Smart mobile authentication for devices can ensure that only the right person with right information access privileges gets his or her hands on the corporate data. Traditional smart solutions used for logical access include smart cards, One-Time-Password (OTP) generators and USB tokens. This extra focus on security is pushing BYOD software authentication solution shipments to reach 223 million units by 2018, according to research from Intelling.
However, software investment will not overthrow more secure and robust smart hardware authenticators, the firm found. BYOD hardware authentication solution shipments will reach 343 million units by 2018, representing a CAGR of 46 percent, as opposed to a CAGR of 27% for software.
“The bring-your-own-device trend triggers huge changes in relationships between IT departments and employees in companies worldwide,” said Artur Khakimov, analyst with Smart Insights and author of the report.
He added, “Secure transactions technologies bring the needed level of security to tackle these new issues.”