This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Why Your Business Needs a Mobile Security Policy

Laptops and mobile devices may be business travelers' dream tools, but they're likely to be a small-business owner's nightmare if they're lost or stolen.

If you're thinking "It can't happen in my company," consider these statistics: It's estimated by Absolute Software that in 2005 over 750,000 laptops were lost in the U.S., with 97% of them never recovered.

And in 2005, a publication of the Licensed Taxi Drivers' Association and mobile-security company Pointsec conducted a London survey of items left in taxis over a six-month period, yielding some startling results. Londoners are reported to have left behind 4,973 laptops; 5,939 Pocket PCs; and 63,135 mobile phones. In 2006, 81% of U.S. companies reported losing laptops containing confidential data, including intellectual property, business documents, customer data and employee records.

There are stories in the news almost daily about the latest data privacy breach, and no company or agency is exempt. From IBM (IBM) to the Ohio state government to Yale University, lost mobile devices such as laptops, PDAs and thumb drives are exposing companies' secrets and their clients' data to the world.

Even the security pros aren't immune. A speaker at a security conference I recently attended had his laptop stolen the night before the event, and he's from the FBI. Most thefts of portable devices are crimes of opportunity. Travelers are especially vulnerable: There's nothing like arriving late in an unfamiliar locale, juggling bags, battling jet lag and trying to figure out which in a row of identical rental cars is yours to make you a little careless or forgetful.

The price of replacing hardware is negligible. But the long-range costs -- financial and otherwise -- can be staggering when a company's confidential data ends up in the wrong hands.

Policy for Protection

To protect your company, it's essential to establish a mobile-device policy before any equipment or data are lost.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs