Despite an increase in the number of companies hit by mobile attacks that led to compromises, four in 10 businesses sacrificed security to meet profit goals or avoid &cumbersome& security processes, according to Verizon third annual Mobile Security Index 2020.It showed that 43% of organizations sacrificed security.More typical reasons for companies exposing themselves to risk, such as lack of budget and IT expertise, trailed &way behind& things such as expediency (62%), convenience (52%) and profitability targets (46%).
Lack of budget and IT expertise were only cited by 27% and 26% of respondents, respectively.