"BYOD needs to be looked at from different dimensions like data loss prevention, network access control, internal intrusion prevention systems, authentication system, internal firewalls, securing Wi-Fi and others," it added.

Firms should rebuild security structure to fit BYOD.

To combat advanced malware threat, many organisations are relying on their legacy security products or using stand-alone malware products that are not integrated with the rest of the environment, it said.

Hence, there is a need to adopt advanced threat defence solutions to respond to attacks faster and seamlessly move from analysis to protection and resolution, the report added.

Internet of Things and embedded devices have exploded the threat scope for these devices with ATMs, point-of-sale (POS) terminals, kiosks, medical equipment, SCADA systems and other embedded devices being hacked in ever-increasing numbers.

Read Also: Gartner Says The Internet Of Things Installed Base Will Grow To 26 Billion Units By 2020  and Indian Government To Step Up Internet Surveillance With 'Netra'