Organizations face heightened cybersecurity risks when their employees travel. Business travelers are prime targets for cybercriminals, as they often carry valuable data and may not always be careful about securing their devices. There are steps employers can take to mitigate these cybersecurity exposures for business travelers.
Cybersecurity Threats While Traveling
Business travelers’ laptops, smartphones, and tablets are particularly susceptible to data breaches, loss, and theft. According to research from Morning Consult on behalf of IBM Security, more than 1 in 7 travelers have had their personal information stolen on the road or abroad. Some common cyberthreats that business travelers may encounter include:
- Unsecured Wi-Fi networks: According to IBM X-Force Incident Response and Intelligence Services (IRIS), 84% of business travelers connect to public Wi-Fi networks. These unsecured public Wi-Fi networks are often available in places such as hotels, coffee shops, and airports. While convenient, public Wi-Fi networks are unsecured and can allow cybercriminals easier access to connected devices (as well as the data stored on them) than private Wi-Fi networks.
- Publicly accessible computers: IRIS also found that 64% of business travelers have used their login credentials to access accounts on public computers. However, public computers often lack sufficient security capabilities and may even be infected with malware.
- Stolen or misplaced devices: Theft or loss of devices is a major threat to business travelers, as this can result in the exposure of important data. Devices could be lost or stolen in airports, hotel lobbies, conference rooms, or rental cars.
How Employers Can Mitigate Cybersecurity Risks
Neglecting cybersecurity when employees are on the road or abroad can be detrimental to a business. In fact, the latest Cost of a Data Breach Report from IBM and the Ponemon Institute found that a single data breach costs an average of $3.92 million.
Here are some measures employers can implement to minimize cybersecurity risks for business travelers:
- Establish Wi-Fi policies. Employers should have policies in place requiring employees to confirm the network name and precise login procedures with the appropriate staff before connecting to public Wi-Fi networks in airports, hotels, or coffee shops. Sensitive activities, such as banking or confidential work-related projects, should not be conducted on public Wi-Fi networks. Auto-connect should also be disabled so devices don’t connect to Wi-Fi networks automatically.
- Enforce Virtual Private Network (VPN) use. Via a VPN, all online traffic is routed through an encrypted virtual tunnel. Such a network can help can reduce the risk of cyberattacks by establishing a secure connection between users and the internet. Employers should create VPNs and require employees to utilize these networks whenever possible, especially during business travel.
- Conduct physical security training for digital valuables. Most travelers let their guards down once they arrive at their destinations, but that can be one of the times they’re most susceptible to theft. Employers should encourage business travelers to never leave their devices unattended. Employees should also be instructed to utilize strong passwords or multifactor authentication capabilities (if possible) and lock devices in hotel safes upon leaving their rooms.
- Encourage employees to pack minimal devices. Leaving unnecessary technology at home can help reduce the chance of theft or data loss. As such, employers should only permit employees to bring devices that are essential to completing their job duties on the road or abroad.
- Require regular software updates. Cybercriminals typically look for security flaws in outdated software. Updates are sent out to patch any holes in the software and reduce the opportunity for cybercriminals to attack. Employees should be required to update the software on all their devices regularly.
- Establish response plans. Employers should have specific response plans that outline steps to take when devices containing confidential information are compromised, lost, or stolen on the road or abroad.
Business travelers often carry sensitive personal- and work-related data on various devices, leaving them vulnerable to cyberattacks. However, taking the proper precautions while traveling can help them keep their devices and data secure.
Being in the know is the first step to protecting yourself and your business from cyber fraud. Choice Bank is committed to providing you with up-to-date resources and tips to help you stay informed. Learn more at bankwithchoice.com/cybersecurity.
This Cyber Risks & Liabilities document is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel or an insurance professional for appropriate advice. © 2022 Zywave, Inc. All rights reserved.