Vulnerabilities / Threats

12/2/2010
03:50 PM
Connect Directly
Google+
LinkedIn
Twitter
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
Comments
Newest First  |  Oldest First  |  Threaded View
Want Your Daughter to Succeed in Cyber? Call Her John
John De Santis, CEO, HyTrust,  5/16/2018
Don't Roll the Dice When Prioritizing Vulnerability Fixes
Ericka Chickowski, Contributing Writer, Dark Reading,  5/15/2018
New Mexico Man Sentenced on DDoS, Gun Charges
Dark Reading Staff 5/18/2018
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: "Security through obscurity"
Current Issue
Flash Poll
[Strategic Security Report] Navigating the Threat Intelligence Maze
[Strategic Security Report] Navigating the Threat Intelligence Maze
Most enterprises are using threat intel services, but many are still figuring out how to use the data they're collecting. In this Dark Reading survey we give you a look at what they're doing today - and where they hope to go.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2018-8142
PUBLISHED: 2018-05-21
A security feature bypass exists when Windows incorrectly validates kernel driver signatures, aka "Windows Security Feature Bypass Vulnerability." This affects Windows Server 2016, Windows 10, Windows 10 Servers. This CVE ID is unique from CVE-2018-1035.
CVE-2018-11311
PUBLISHED: 2018-05-20
A hardcoded FTP username of myscada and password of Vikuk63 in 'myscadagate.exe' in mySCADA myPRO 7 allows remote attackers to access the FTP server on port 2121, and upload files or list directories, by entering these credentials.
CVE-2018-11319
PUBLISHED: 2018-05-20
Syntastic (aka vim-syntastic) through 3.9.0 does not properly handle searches for configuration files (it searches the current directory up to potentially the root). This improper handling might be exploited for arbitrary code execution via a malicious gcc plugin, if an attacker has write access to ...
CVE-2018-11242
PUBLISHED: 2018-05-20
An issue was discovered in the MakeMyTrip application 7.2.4 for Android. The databases (locally stored) are not encrypted and have cleartext that might lead to sensitive information disclosure, as demonstrated by data/com.makemytrip/databases and data/com.makemytrip/Cache SQLite database files.
CVE-2018-11315
PUBLISHED: 2018-05-20
The Local HTTP API in Radio Thermostat CT50 and CT80 1.04.84 and below products allows unauthorized access via a DNS rebinding attack. This can result in remote device temperature control, as demonstrated by a tstat t_heat request that accesses a device purchased in the Spring of 2018, and sets a ho...