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Mobile devices lost during travel could doom businesses

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At the seven largest airports in the United States, people are losing mobile devices at an alarming rate. According to data protection firm Credant Technologies, 8,016 mobile devices were lost in 2011, potentially opening up business owners of all sizes to several security risks.  

At the airports featured in the study - Chicago O'Hare, Denver International, San Francisco International, Charlotte Douglas, Miami International, Orlando International and Minneapolis/St. Paul - travelers lost 3,444 smartphones, 3,576 laptops and 996 USB drives that can all contain business critical information. If these devices become compromised, it is important for businesses to be protected with cyber liability insurance.

"These research findings are a wake-up call for chief security officers and security managers across all enterprise organizations and small to mid-size businesses," said Bob Heard, founder and CEO of Credant Technologies. "With widespread bring-your-own-device adoption, companies must be vigilant in securing data wherever it resides."

Business and personal smartphone users can also take an extra step in making sure they won't be hit as hard if they lose their devices. By having cellphone insurance, people can save money when replacing devices and have protection when devices are lost or stolen.

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