What is the Cost of a Missing Laptop?

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It can happen in a split second — you’re on the train, you look away from your bag, and just like that your laptop could be missing in action. Yes, you had some personal items in there, but it’s all the work files on the computer that are going to put your supervisor into hysterics. One study, recently conducted by the Ponemon Institute, revealed that the total average cost of a laptop runs a company upwards of $50,000. Although this average is weighted by a rather small sample of very costly laptop occurrences, the truth still stands: losing your company laptop is expensive:

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17 Reader Comments
to “What is the Cost of a Missing Laptop?”
  1. Perhaps, you are saying that Missing latop costs in Thousands of dollars.

    But every employee who are having important files will have backup copy of their important files. So really i dont think it will cost in thousands of dollars.

  2. We going to start wearing some kind of chains to a laptop or use zonealarm :)

  3. This seems to boost the idea behind the Google Chrome notebook. If all your working data is on a server (but appears to be on your local machine) recovery time for a lost laptop would be in minutes. Alternatively, this could be a boost for dropbox, which gives this type service without learning to use a new set of productivity tools.

  4. Perhaps, using an online based operating system like Google Chrome OS, and daily file back ups to the internet would help for Windows and Mac Users. Plus, using some sort of File Encryption like TrueCrypt or Bitlocker for Windows would minimize the chance of data being read by unwanted eyes.

    Drive imaging might save money and time since re-imaging a hard drive with all the installed applications and files does not take very long.

    Thin client laptops might also be a good option where people connect to a server over a network or internet might work if the user have broadband.

    Working on an encrypted USB drive which is also tied to the owners pants with a very long lanyard, string or chain might also prevent theft since thumb drives are harder to steal, and less lucrative since they are worth a lot less then a laptop.

    This article also kind of support working at home through a Virtual Private Network, on a secure operating system like Ubuntu 10.10 desktop edition which have fewer security problems compared to Windows and Mac can be a safer option then working on a Laptop which can easily get lost on a train, plane, coffee shop, or other public location.

  5. Great info thanks for sharing.

  6. This could be an advert for cloud computing. If everything was held on line and staff only had netbooks most of these other issues would be null and void.

  7. I don’t work for a large company but I know that if I even lost my personal laptop that I use to run my offline business then I’d be staring down the barrell of quite a significant financial loss!

    I agree with an earlier poster about the ever increasing importance of cloud data storage as being a step forward into the future.

  8. This is a really good infograph. I wonder how many people this effects in the UK.

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