Mobile devices can be a critical part of any cyber attack, according to new research from Ponemon Institute. For an enterprise, the economic risk of mobile data breaches—including direct operational costs as well as potential maximum loss from non-compliance and reputational damage—could be as high as $26.4 million.

The report, sponsored by mobile security company Lookout, also found that mobile data breaches are more common than many might think. Two-thirds (67%) of the 588 worldwide organizations surveyed report having had a data breach as a result of employees using their mobile devices to access the company's sensitive and confidential information.

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