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Intel finds stolen laptops can be costly

posted onApril 23, 2009
by hitbsecnews

A laptop's value is more than meets the eye. Intel says stolen laptops cost corporate owners more than $100,000 in some cases, in a study announced Wednesday.

The study on notebook security, commissioned by Intel and conducted by the Ponemon Institute, states that laptops lost or stolen in airports, taxis, and hotels around the world cost their corporate owners an average of $49,246 "reflecting the value of the enclosed data above the cost of the PC," Intel said.

Analyzing 138 instances of lost and stolen notebooks, the study based the $49,246 price tag on costs associated with replacement, detection, forensics, data breach, lost intellectual property, lost productivity, and legal, consulting and regulatory expenses, Intel said. Data breach alone represents 80 percent of the cost.

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