The Cost of Losing a Laptop

April 26, 2009
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If you lose a laptop, are you just counting the lost according to it’s price when you bought it? Are you not going to count the cost of the files and private information stolen together with it?

A study by the Ponemon Institute in the US which was sponsored by the chip magnate Intel discovered that companies business secrets are taking at risks when a laptop computer is lost or stolen. This means that businesses will be losing a lot of money by losing laptops which accounts for stolen or lost data, intellectual property, replacement, lost work time and legal expenses. The lost of a laptop by executives or what is called as “power users” in the United States is calculated amounting to an average of more than 49,000 dollars or a staggering 2.2M in pesos.

The study divulged that more and more employees are being turned into “mobile users” which put corporations’ sensitive and confidential information at great risk. Corporate data and other significant information are stored in the computers. Laptops are usually lost in taxis, rental cars, hotels, airports, pubs or restaurants, and conference centers.

The study by the institute is the first one conducted to estimate the full cost of a lost or stolen laptop computer by analyzing 138 cases of organizations in the United States which experienced laptops loss or theft in the past 12 months.

 

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2 Responses to The Cost of Losing a Laptop

  1. [...] Original post by Breath Technology [...]

  2. helene on June 16, 2009 at 4:03 pm

    thanks !! very helpful post!

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