Despite growing numbers of devices firms at slow to adopt security practices.
More than half of enterprises and staff often overlook security practices in favour of mobile connectivity efficiency.
According to "Security in the New Mobile Ecosystem" 64% claimed that they do not at present or expect to have ample budget to trim down or limit mobile device cyber security threats.
Raytheon Cyber Products product management and strategy senior director Ashok Sankar said: "This survey points to the fact that there is a struggle to find the right balance between the cyber security needs of an organisation and the efficiencies demanded by employees to do their jobs.
"Mobile devices are becoming a dominant workplace tool, and organizations must adopt a mobile strategy with data security technologies that enable employees to work effectively without putting sensitive information at risk."
The report warns that the currently used Mobile Device Management (MDM) and secure containers are not adequate to deal with the increasingly high levels of cyber security risks with mobile devices.
Half of survey respondents were unhappy with their organisation’s existing mobile security offerings, and 57% backed adoption of a virtualisation-based solution.