WORKERS LOSING LAPTOPS ARE A BIGGER THREAT TO COMPANIES THAN HACKERS

UK Businesses have been fined £26m after employees mislaid their work-issued laptops and phones.  Laptops lost by remote workers are a bigger financial threat to British industry than ransomware hackers.

Over the last two years the Information Commissioner’s Office received more than 3,000 reports of lost devices that contained personal data.  Over the same period just one business, a law firm, was fined for security failings that allowed a ransomware attack to take place.

Companies whose staff lost laptops and phones containing customer information are much more likely to be fined than businesses targeted by ransomware criminals.

Data protection laws say that if an employee loses a device containing or capable of accessing personal data of customers or suppliers, the loss must be reported to the ICO.

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