The BYOD dilemma for financial firms

The BYOD dilemma for financial firms | F5 DevCentral


We have spoken a lot about BYOD on DevCentral, but it continues to be a significant issue for countless businesses! Financial firms in particular are, understandably, grappling with the trials of enabling flexible, mobile working whilst protecting their highly confidential data.


We’ve talked at length about the view that BYOD can have a huge beneficial impact on businesses and it seems that the tide of consumer devices working their way into the office is showing no signs of turning.


However, a lot of the information held by financial firms is highly sensitive, either commercially or personally, and can be used to find out private information or learn about deals which may have an effect on the market. Clearly this information leaking out of employees’ pockets is an unacceptable situation, which is why many financial organisations are seen to be stonewalling BYOD initiatives and preventing it from becoming more widespread. Unfortunately for these firms, preventing BYOD is looking like less and less of an option as employees disregard these blanket policies in order to more efficiently do their jobs.


So what solution is there for financial businesses stuck between a rock and a hard place? It’s actually surprisingly simple: embrace BYOD. That doesn’t mean to say that there should be a laissez faire attitude to employees using unmonitored and unmanaged devices; far from it. What it means is that these businesses should put detailed and comprehensive policies in place and ensure that all devices which access the systems have mobile application management software enabled on them – controlling what can be accessed, and from where, at the application level.


The BYOD policy and implementation should make clear what kinds of files are permitted on BYOD devices and have policy engines to enforce these rules. Computer Weekly has a good primer on what kinds of policies should be put in place which is worth taking a look at.


BYOD is here already and it is up to businesses to ensure that its managed effective. Fortunately, it’s something that we’re well placed to help with.


F5’s 2013 EMEA Agility Conference


F5’s Annual EMEA Agility Conference, this year taking us to sunny Monte Carlo, has now come and gone. While I have not brought the sun back with me to England, I can say I’ve brought back some great memories. There was a buzz all throughout the event greater than I’ve experienced at previous event, both in and out of F5 Networks.

As per the wrap up video: 500 customers & partners, from 37 countries, 12 breakout streams and a fantastic evening of dinner and entertainment in a restaurant with a retractable roof.


We took a lot of footage at the event which I’ll share here:


F5’s Nathan Pearce takes us on a walk through the solutions expo at F5 Agility EMEA 2013 talking with some of the exhibitors along the way.


F5’s Nathan Pearce talks with Michael Pellett from Camelot at the DevCentral booth at Agility 2013 – EMEA.


F5’s Nathan Pearce sits down with former F1 World Champion Damon Hill at the F5 Agility conference in Monte Carlo, Monaco.


F1 World Champion Damon Hill took a turn at the wheel of the F5 F1 simulator. Check out how he did!


F5’s Nathan Pearce sits down with Stefaan Hinderyckx from Dimension Data at the F5 Agility EMEA conference in Monte Carlo, Monaco.


Joe Pruitt sits down with Mika Kytövaara from Santa Monica Networks at F5 Agility 2013 in Monte Carlo, Monaco.


F5’s Joe Pruitt sits down with the CEO from Payoda, Anand Purusothaman, to talk about his company and the exciting new version of the AppViewX product.


F5’s Nathan Pearce talks with Ferry Kemps from Onsight at the F5 Agility Conference in Monte Carlo, Monaco.


F5’s Nathan Pearce sits down with WebSense to discuss their product lines at F5 Agility 2013 in Monte Carlo, Monaco.


F5’s Nathan Pearce wraps things up at the 2013 F5 Agility conference in Monte Carlo, Monaco


Thanks all and see you next year!!