Q: WHAT ARE THE POSSIBLE SECURITY RISKS WHEN IMPLEMENTING FILE SYNCHRONIZATION?
A: In addition to all of the security risks present for any mobile device, computer, and server, there are a few other issues to be watchful of:
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All data must be encrypted during transfer.
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All data must be encrypted at rest (in storage).
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Devices at both points need to be secure from physical access.
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Any computers and Mobile devices involved in the synchronization must have full disk encryption, quality antivirus which is kept up-to-date, users logging in with non-admin accounts, and application whitelisting to prevent malicious apps.
If you are looking at file synchronization with a cloud service, I’m fond of Google G-Suite for Business. They meet and exceed any security requirements, even for HIPAA and SEC, with a price-point that is highly competitive.