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Venafi warns 67 000 phones to be lost or stolen during Olympics

Security experts are warning that 67,000 mobile phones are likely to be lost or stolen during the London 2012 Games.

Venafi said that 50,000 mobile phones were lost or stolen in the London area over any two-week period. With more people in London during the Olympics, Venafi said it anticipates that an additional 17,000 phones will be lost or stolen during the Games - bringing the possible total to 67,000.

This year’s Games would see the largest-ever risk of corporate and personal data loss during an Olympics period, Venafi said. It is estimating that 214.4 terabytes of potentially sensitive data is likely to be lost or stolen - equivalent to 200 million books’ worth of data.  

“There’s been an explosion of corporate data available to users from their mobile devices. This is a real danger and one that is often overlooked,” said Gregory Webb, Venafi Vice President of Marketing.

“People don’t consider or take action to protect the vast volumes of information they carry and have internet access to. With the ever-shrinking boundaries between work devices and work-enabled personal devices, lost or stolen smartphones and other mobile devices that fall into the wrong hands place companies and business data at tremendous risk.”

Venafi said organisations with users who could access corporate information, systems and applications remotely from mobile devices should have sound policies and device management systems in place. To help reduce mobile-access risks, Venafi also recommended that enterprises leverage encryption and digital certificates—with sound certificate-management capabilities—to ensure proper authentication and data protection.

Further reading:

Read more of E&T’s Olympics coverage in our latest issue.

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