The 'Bring Your Own Device' Dilemma

An area that many organizations -- in the banking industry and beyond -- will need to spend more time thinking about is the accelerating bring-your-own-device trend, according to Umpqua Bank CIO Colin Eccles. "As more employees start to carry smartphones and are involved in social media outside of work, they'll say, 'Can't I get my work email and calendar and work contents on this same device?' " Eccles notes.

As banks look into letting employees use their own devices for work-related activities, they first must consider the information security risks associated with connecting non-bank-owned devices to their networks, Eccles warns. "Organizations are going to spend more time thinking about how they can to some extent provide a bring-your-own-device capability but still keep the network and data secure," he says.