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Mobile Data Protection:The Issue

Using your laptop to get work done away from your office or on the road is becoming widely accepted. But this rapid growth in laptop computer usage has made mobile information devices and the data they hold the target for theft around the world.

If your laptop is stolen, company information can be exposed, as well as your personal and financial information.

The impact on your business of such an incident can be catastrophic. Over 40% of businesses suffering large scale data loss never re-open [i] and in the UK the average data security incident costs approximately £5000 [ii].

There can be serious consequences from even the smallest incident;

The cost of recovering from the incident can far exceed expectations. Hardware and software may cost a few thousand pounds to replace, but the value of years of accumulated business data is likely to be measured in tens or even hundreds of thousands of pounds.
Years spent developing company and brand reputations can be ruined beyond repair within seconds.
Legal action for failure to comply with regulations is possible.
Customers or suppliers will take their business to your competition and may also consider litigation where negligence is assumed to have occurred.
Time is money and it is the unforeseen amount of time it takes to recover from these events which is probably the most underestimated component in the recovery plan and the hardest one to cost out. How long can you afford not to be able to transact business?

Your laptop is a crucial link in the information safety chain for your business. Often your laptop is the one unprotected link in this chain – the weak link that can leave your company exposed as the importance of the data held on it is frequently underestimated.

On March 24, 2006 the Wall St Journal noted that laptops prove to be the weakest link in data protection. The journal noted that Boston-based mutual fund giant Fidelity Investments disclosed that one its laptops was stolen containing the personal information of 196,000 current and former Hewlwtt-Packard employees.

Why expose years of accumulated critical business data merely because your laptop is unprotected?

Follow our Complete Laptop Data Protection Guide to ensure your business data remains safe.

 
[i] The Contingency Planning Research and Strategic Research Corporation
[ii] DTI Report





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