Corporate America's Lost Laptop Epidemic

Friday Dec 3rd 2010 by Staff

The Ponemon Institute says that 1 in 10 business laptops are lost during their 3-year lifespan.

InfoWorld: Privacy advocates at the Ponemon Institute say that corporate America is "incompetent" for allowing 10 percent of their laptops to be lost or stolen. The group says that the average cost per lost laptop is $49,000, largely due to the value of data contained on the machines. About 30 percent of the laptops in the study were encrypted and 10 percent incorporated other anti-theft technology.

Not all of the laptop loss may be strictly accidental. One database administrator in the study admitted to losing 11 laptops in two years and said that it was the best way to get a newer, better system.

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