Whether you know it or not, it is likely that at least a few of your employees are using their own personal laptops, tablets and smart phones to work on business data. For small businesses, this may seem like an easy way to increase productivity and control technology costs, but there are risks. If you don't have a comprehensive and enforceable BYOD policy in place, your employees' devices could cost you more than they save.

The advanced features offered by smartphones and tablets have changed the way that people do business. With these devices, there is no need to be in the office or in front of your computer to keep up with emails, access important files, and share information. In a data-driven industry like biotech, remote access can facilitate a lot of important business.