Hyderabad: With mobile phones emerging as an important business tool, Indian enterprises are embracing the mobile devices in a big way despite certain risks involved, a survey said here on Wednesday.

"Mobility, with its clear business benefits, has caught the imagination of Indian business world. The question is no longer about allowing mobile devices in the work place, but rather how to manage and secure devices and critical information effectively and mitigate risks in a 24x7-connected world," Shantanu Ghosh, VP and MD, India Product Operations of Symantec, said. Symantec is a leading security and systems management solutions provider.

He was speaking while giving out details of the '2012 State of Mobility Survey' conducted by the company.

The survey covered more than 6,000 organisations from 43 countries, including 250 in India.

Observing that mobile devices have now become critical business tools, Ghosh said a third of Indian respondents allow employees to use mobile devices for business use without restrictions.

Noting that mobile adoption is not without risks, he said 58 percent of Indian organisations indicated that maintaining a high level of security is a top business objective for mobility.

"With mobile devices now delivering critical business processes and data, the cost of security incidents can be significant. The average annual cost of mobile incidents for Indian enterprises, including data loss, damage to the brand, productivity loss and loss of customer trust was Rs 42.32 lakh per organisation," he said.