Thursday, April 23, 2009

Stolen laptops can be costly?

Intel says stolen laptops cost corporate owners more than $100,000 in some cases, in a study announced Wednesday. The study on notebook security, commissioned by Intel and conducted by the Ponemon Institute, states that laptops lost or stolen in airports, taxis, and hotels around the world cost their corporate owners an average of $49,246 "reflecting the value of the enclosed data above the cost of the PC," Intel said.
Analyzing 138 instances of lost and stolen notebooks, the study based the $49,246 price tag on costs associated with replacement, detection, forensics, data breach, lost intellectual property, lost productivity, and legal, consulting and regulatory expenses, Intel said. Data breach alone represents 80 percent of the cost.
Who owns a missing notebook is important, Intel said. It is not the CEO's computer that is the most valued, but a director or manager, according to the study. A senior executive's notebook is valued at $28,449, while a director or manager's notebook is worth $60,781 and $61,040, respectively.
In addition to the obvious need for vigilance, countermeasures include encryption and data-deletion security services. The study found that data encryption makes the most significant difference in the average cost: a lost notebook with an encrypted hard-disk drive is valued at $37,443, compared with $56,165 for a nonencrypted version, the study says.
As my maths teacher says: I won't accept your answer without your working out proof, otherwise it looks like you picked the figures out of the air". Oh who am I kidding the did invent these I doubt these figures have any relevance to real costs just an exercise to exaggerate real costs to persuade us to buy another essential optional extra!
Even in the cases where somebody does try to use/sell the information, the damage is either done or not done; no amount of cash spent by the company that owns the data is going to fix a "data breach". It's a classic low risk/high impact scenario and reducing those to "average" dollar numbers is fallacious.
Dell Inspiron 6400 battery(11.1V Capacity: 6600mAh )Dell 0NK750 keyboard(11.10V ; 4400 mAh )Dell H5639 keyboard(Genuine and new! )Acer PA-1650-02 AC Adapter(19V 3.42A AC Adapter for Acer)Gateway M460 AC Adapter(Input: AC100-240V (worldwide use) Output: DC19V 3.42A)Dell Inspiron E1705 keyboard(Status: Genuine and new! Remark: Ribbon cable included )Dell 1702FP LCD AC Adapter(Input: AC100-240V (worldwide use) Output: DC14V 3A )Dell Inspiron 6000 keyboard(Status: Genuine and new! Remark: Ribbon cable included )Toshiba PA3467U-1ACA AC Adapter(19V 3.42A )

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