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| The legal and publicity damage to corporations, arising from a breach of
confidential or private records, is typically significant. These costs and
risks extend far beyond obvious direct expenses, such as purchasing a new unit,
reinstalling software and data, and lost productivity. |
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| Increasing problem:
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| Since 2005, over 100 million Americans have been victims of breaches of
confidential private or company information, with missing laptops being the
biggest culprit. Only 3% of lost or stolen laptops are ever recovered, often
putting sensitive information at risk. |
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| Clear legal requirement:
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| Extensive legislation now mandates specific responsibilities for organizations
in protecting and managing private data, reporting breaches to affected
parties, and mitigating damage. |
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| Public relations nightmare:
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| Data breaches rapidly become public knowledge, creating an impression of an
incompetent and uncaring management, incapable of exercising even the most
basic stewardship over consumer, customer and shareholder interests.
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| An expensive mistake: |
| In a recent survey of data breaches in 31 companies, the average cost was $182
per lost record, with an average loss per breach of $4.8 million. |
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| Laptop Security Solutions |
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