Kevin Beaver’s Security Blog: Unbelievable #s in the new Billion Dollar Lost Laptop Study.

Intel commissioned Ponemon Institute report says that one in ten laptops are lost or stolen during the typical three life cycle. The billion dollar number comes from the estimated $49,000 cost associated with each lost laptop incident. While you may disagree with that number, it’s surely higher than simply the cost of the laptop itself.

According to the study only 30% of laptops are encrypted!!

From the InfoWorld article, Corporate America’s lost laptop epidemic:

One way Intel works to ameliorate the problem internally is by letting its workers put their personal information on the computers. People are less cavalier about the security of their laptops when they have their own data on them, said Malcolm Harkins, Intel’s chief information security officer.