Having a laptop stolen is a double-dose of bad news, since not only are you confronted with the fact that your expensive portable computer is now gone, perhaps forever, but you also have to deal with the possibility of data theft. Laptops are stolen every day, and stolen laptops are often loaded with lists of customers, business strategies, possibly even access to company network and employee information.
The cost to replace a stolen laptop is however less than the cost of compromising or revealing corporate data from that laptop. A stolen laptop may grant access to a company's internal networks or virtual private networks. A stolen laptop often means loss of sensitive data that is stored on that machine, which is likely to lead to a risk of identity theft.
Many times we are forced to keep the confidentiality of of our contracts, but if the laptop gets stolen you risk to break contracts, maybe even get sued by your partners. Keeping the information encrypted all the time ensures that even in the case of laptop theft incident your confidential data will not be available to the thief and you are still complying with your confidentiality contracts and non-disclosure agreements.
The best solution to protect the stolen laptop is to encrypt and hide sensitive information. So in case the laptop gets stolen, you don't need to worry about the loss of data. The encrypted files cannot be used by anyone else but you. east-tec SafeBit uses disk encryption to create virtual encrypted vaults where you can place your files, and keep them encrypted all the time. When you work with the files you will have to know the password to open the vault. When you leave your computer east-tec SafeBit determines the computer is idle and will close the safe automatically, protecting you against data theft.