You can't secure what you don't acknowledge.SM

Monday, December 6, 2010

Unbelievable #s in the new Billion Dollar Lost Laptop Study

I spent last Thursday in San Francisco at a press briefing held by Intel's Anti-Theft Technology group regarding the new Ponemon Institute Billion Dollar Lost Laptop Study. Larry Ponemon's study found that businesses are losing billions of dollars through lost and stolen laptops - something I wrote about three years ago...and a problem that's been around even longer.

Malcolm Harkins (Intel's CISO), Anand Pashupathy (GM of Intel's Anti-Theft Services), Larry Ponemon (Founder of the Ponemon Institute) and I had a lively discussion on the findings of the study, why we have this problem, and what it's going to take to stop it.

I still shake my head when I see businesses ignore such a high-payoff security control.

Here's some press coverage for your reading enjoyment...check out what the reporters involved in the briefing had to say. The numbers are crazy and can be a great resource for finally getting some support for laptop encryption and related security controls. It's arguably some of the most important stuff affecting infosec today.

Wall Street Journal: Intel-Backed Study Tallies Laptop Losses

InfoWorld: Corporate America's lost laptop epidemic

eWeek: Intel: Failing to Protect Laptops Cost Companies Billions

The Register: Intel reveals 'the billion dollar lost laptop problem' - Chipzilla's plan to rescue $bns spent on McAfee

CRN: Intel Says Businesses Must Do More To Protect Their Mobile PCs

VentureBeat: The Wikileaks wake-up call: Lost or stolen laptops cost corporations $2.1 billion per year

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