Vulnerabilities / Threats
12/2/2010
03:50 PM
Connect Directly
LinkedIn
Twitter
Google+
RSS
E-Mail
50%
50%

Lost Laptops Cost Billions

An Intel-sponsored study finds that organizations fail to grasp the risk of lost laptops.

Businesses are losing billions of dollars annually as a result of lost and stolen laptop computers, a new study shows.

Representatives from Intel, which sponsored "The Billion Dollar Laptop Study," and the Ponemon Institute, which conducted the study, announced their findings at a media event in San Francisco on Thursday.

The 329 organizations surveyed lost more than 86,000 laptops over the course of a year, the study found. Larry Ponemon, chairman and founder of the Ponemon Institute, said that based on these findings and a 2009 survey that put the average cost of lost laptop data at $49,246, the cost to these organizations came to more than $2.1 billion or $6.4 million per organization.

"A lot of organizations are incompetent at protecting information assets," said Ponemon.

Ponemon explained that the value of the lost hardware represented only a small portion of the estimated cost. Most of the cost is linked to the value of intellectual property on these laptops and the fees associated with data breaches and statutory notification requirements.

The study painted a grim picture about lost and stolen laptops. It found that laptops have a 5% to 10% chance of being lost or stolen over three years. Only 5% of lost laptops are ever recovered. Theft accounts for 25% of losses and likely theft for 15%. Sixty percent of lost laptops simply go missing, their fate unknown. Some lost laptops are believed to be stripped for parts.

Intel's interest in this topic can be explained by the fact that it offers anti-theft technology. The latest generation of this technology, Intel Anti-Theft Technology (Intel AT) 3.0, will debut in Intel's Core and Core vPro processor families during the first quarter of 2011. Intel AT provides the ability: to disable access to encrypted data; to prevent the PC from booting; to send customizable messages that display under conditions; to disable a PC after a certain number of login attempts; and to disable a PC when the user has not checked-in as required.

Version 3.0 adds the ability to send a remote 3G SMS message using special cellular hardware to disable the PC, before it can be booted.

Previous
1 of 2
Next
Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Dark Reading December Tech Digest
Experts weigh in on the pros and cons of end-user security training.
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2014-2037
Published: 2014-11-26
Openswan 2.6.40 allows remote attackers to cause a denial of service (NULL pointer dereference and IKE daemon restart) via IKEv2 packets that lack expected payloads. NOTE: this vulnerability exists because of an incomplete fix for CVE 2013-6466.

CVE-2014-6609
Published: 2014-11-26
The res_pjsip_pubsub module in Asterisk Open Source 12.x before 12.5.1 allows remote authenticated users to cause a denial of service (crash) via crafted headers in a SIP SUBSCRIBE request for an event package.

CVE-2014-6610
Published: 2014-11-26
Asterisk Open Source 11.x before 11.12.1 and 12.x before 12.5.1 and Certified Asterisk 11.6 before 11.6-cert6, when using the res_fax_spandsp module, allows remote authenticated users to cause a denial of service (crash) via an out of call message, which is not properly handled in the ReceiveFax dia...

CVE-2014-7141
Published: 2014-11-26
The pinger in Squid 3.x before 3.4.8 allows remote attackers to obtain sensitive information or cause a denial of service (out-of-bounds read and crash) via a crafted type in an (1) ICMP or (2) ICMP6 packet.

CVE-2014-7142
Published: 2014-11-26
The pinger in Squid 3.x before 3.4.8 allows remote attackers to obtain sensitive information or cause a denial of service (crash) via a crafted (1) ICMP or (2) ICMP6 packet size.

Best of the Web
Dark Reading Radio
Archived Dark Reading Radio
Now that the holiday season is about to begin both online and in stores, will this be yet another season of nonstop gifting to cybercriminals?