At CES today, a plethora of new laptops, tablets and smartphones will be unveiled. While these devices will delight techies and mobile workers everywhere, some CIOs may cringe at the thought of these devices- with sensitive company information- falling into the wrong hands.
They have reason to be fearful. It’s likely that more than one CES attendee will be leaving Las Vegas without their mobile device- at a high cost.
As a new infographic from Kensington shows, the cost of lost or stolen laptops, tablets and smartphones is far greater than the cost of the device itself, when lost productivity, intellectual property, data breaches and legal costs are factored in.
Today more than ever before, mobile devices contain sensitive information such as internet credentials, security codes and settings and confidential work- related information. The average cost of recovering from a single corporate data breach has grown from 3.3 million in 2005, to 7.2 million in 2010.
Kensington’s infographic shows some surprising- and daunting- facts and figures about the risks and costs of lost and stolen mobile devices. But there’s hope. An IDC report says that well implemented security policies can reduce theft by 85%. To this end, Kensington recommends five easy steps to secure mobile devices (as described in the infographic.)
So go forth and enjoy the mobility and technology made possible by these devices- but make sure to practice safe mobile device use.