The Billion Dollar Lost-Laptop Study
- The News: The “Billion Dollar Lost-Laptop Study", conducted by Intel Corporation and the Ponemon Institute, analyzed the scope and circumstances of missing laptop PCs. The survey found that the 329 organizations polled had collectively lost more than 86,000 laptops worth a staggering $2.1 billion
- The Context: Intel's interest is not only in developing and improving its technology, Intel® Anti-theft Technology being one, that helps protect laptops and their data, but also in continuing to advance industrywide efforts among others with a stake in the problem.
- Why It Matters: Intel undertook the study so organizations can better grasp the magnitude of the problem and implement more effective solutions. The study, which was conducted by the Ponemon Institute, calculated that the average laptop loss costs $6.4 million per organization. The study brings to light the significant cost to an organization as a result of lost of missing laptops and the importance of anti-theft and data protection solutions to all organizations.
- “Looking at these results, you can barely fathom the colossal financial impact of missing laptops. More astonishing, however, considering the vulnerability of laptops and their data, it’s absolutely mindboggling that the majority of companies aren’t taking even basic precautions to protect them.” - Anand Pashupathy, general manager, Intel Anti-Theft Services
- Our interest is not only in developing and improving our technology, Intel® Anti-theft Technology being one, that helps protect laptops and their data, but also in continuing to advance industrywide efforts among others with a stake in the problem.” - Anand Pashupathy, general manager, Intel Anti-Theft Services
- “While organizations may be aware of the lost-laptop problem, it became clear as we conducted our research that most organizations, including workers, IT and CFOs do not fully understand the adverse affect it can have on their bottom line. If they did, they’d be much more diligent in protecting their laptop fleets.” - Larry Ponemon, chairman and founder of the Ponemon Institute