No business wants to consider what would happen if their mobile device was lost or stolen. It's not a fun scenario to contemplate for a company, but it does happen! Since a lot of confidential corporate data is stored on those devices, a missing or lost device can be a nightmare for your IT and security team. Whether it's a laptop, a Smartphone, or a tablet, each device contains business-sensitive information that can have significant consequences if it falls into the wrong hands. As a result, the company should have a plan in place to deal with a missing or stolen mobile device in the event that it occurs.

When a company integrates mobile devices into its infrastructure, it should have a plan in place to deal with them being lost or stolen. It's never too early, however, to develop security policies fix missing company devices. This strategy would include procedures that the company and its staff must have in place, as well as the measures they can take if a device is lost or stolen. Here are some suggestions for creating a lost/stolen mobile device protection strategy.

If your device is missing or stolen, report it right away!

When a device goes missing, the company must be informed as soon as possible. Most workers would be hesitant to admit they've misplaced a critical business unit, but the longer you wait to notify your organization, the more vulnerable your data will become. If a device is lost or stolen, the organization should establish who to contact and emphasize the importance of reporting it as soon as possible. To put employees' minds at ease, a company should not use this report to chastise the individual who misplaced the device; the top priority should be to know when a device goes missing, and you shouldn't make employees hesitate to speak up when this happens.

Policies for authentication and access control should be implemented.

When your device is misplaced or stolen, it can fall into the hands of someone who wants to access the information stored on it. To prevent them from gaining access to the system, you must implement authentication measures when deploying it into the infrastructure. Your company will make it more difficult for device owners to gain access by using passwords and biometrics.

Access control is another crucial policy to enforce, in which the company uses a mobile device management to detect when someone tries to access a device. With this in effect, the company will be alerted if someone is attempting to open a missing or stolen device.

To remotely secure your device, use an MDM solution.

Enterprises may use mobile device management tools to protect and monitor the devices in their networks. They also allow you to remotely update, customize, and manage devices. If a device is missing, you have no idea who would have access to it — or the data it contains. You can use geofencing in your MDM tool to remotely lock a device, change its passwords, or delete all the corporate data it contains to prevent others from accessing that data. However, in the worst-case scenario, you could need to fully deactivate the system to protect it from unauthorized users.

Location monitoring and geofencing have revolutionized spatial technology, but their most important contribution is to add a layer of protection to your mobile properties, giving you full control over your corporate devices and allowing you to take security measures as they enter or leave a "secure" zone.

If you use geofencing to manage devices, you can rest assured that in the event that one of your workers loses a device by mistake or the device is lost on purpose, swift steps can be taken to protect the data from being misused.