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Venafi: 67,000 phones to be lost or stolen during London Olympics

July 31, 2012 by Dusan Belic - 1 Comment

Venafi: 67,000 phones to be lost or stolen during London Olympics
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Security experts at Venafi are predicting that some 67,000 mobile phones will be lost or stolen during the Olympics in London. And since many folks know own smartphones, this year’s Games will see the largest-ever risk of corporate and personal data loss with an estimated 214.4 terabytes of potentially sensitive data likely to be lost. Based on the equation 1 MB = 1 book, that’s 214.4 million books in lost data.

In regular times, 50,000 mobile phones are lost or stolen in the London area over any two-week period. During the Olympics, however, the total population in London is expected to swell by a third, leading to an additional 17,000 lost or stolen phones.

As a leader in enterprise key and certificate management (EKCM) solutions, Venafi suggests companies to leverage encryption and digital certificates to ensure proper authentication and data protection…

Aside from making sure they’re never too drunk, regular users can also get a phone insurance. Yeah it costs a lot, but then again – so does a stolen/lost mobile phone.

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