A recent study conducted by a prominent cybersecurity firm revealed that companies lose an average of 1 laptop per year per employee. With hundreds or even thousands of employees within an organization, this seemingly small number quickly adds up to staggering losses.
The study estimated that each lost laptop costs a company an average of $49,246. This includes not only the cost of replacing the device itself but also the data breach potential, lost productivity, and potential legal fees that may arise.
Implementing thorough security measures such as encryption, remote wiping capabilities, employee training, and strict policies can significantly reduce the risks of laptop loss. Regularly backing up important data and using tracking software can also help in retrieving lost devices.
Remote wiping allows companies to erase all data on a lost or stolen laptop remotely, preventing unauthorized access to sensitive information. This feature can be activated through specialized software and should be part of any companys security protocols.
Employees are often the first line of defense when it comes to handling company equipment, including laptops. Educating them on best practices for device security, such as not leaving laptops unattended or using secure passwords, can go a long way in reducing the risk of losses.
Encryption scrambles data on a laptop, making it inaccessible to unauthorized users without the proper decryption key. In the event of a lost device, encrypted data remains secure, reducing the potential risks of data breaches and costly legal ramifications.
As companies continue to navigate the increasingly digital landscape, safeguarding sensitive information becomes paramount. Investing in robust security measures and employee training can help mitigate the financial and reputational damage that arises from lost laptops. By staying vigilant and proactive, organizations can protect their assets and maintain the trust of their clients and stakeholders.|
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Study reveals lost laptops cost companies billions.