Tuesday, November 3, 2009

Lost It? You gotta come clean. FAST!

 From a CIO.com article on the cost of a lost laptop

FTA: "According to Ponemon Institute, the average cost of a lost or stolen laptop PC is more than $49,000. Most of this cost is due to the exposure of sensitive data." That is bad, but not entirely unexpected. The hardware/software is 1-2% of that cost. The rest is the 'clean-up'.

but the Important Point is this:
"The study reports that if a company becomes aware of the loss the same day it happens, the average cost is only $8,950. If it takes more than a week to discover the loss, the cost jumps to an average of $115,849."

That is a serious chunk of change. Almost 13 times as much in just one week...

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