There's a report out today that a University of Colorado at Colorado Springs' laptop was stolen and now over 240 students are at risk of identity theft because their Social Security numbers were on the stolen laptop.
According to the news report, students who attended the college as far back as 2003 might have had their personal information exposed and are at risk. Now, I'd be pretty annoyed if an instution I attended five years ago still had my personal information on a laptop. There's some thing wrong with this picture.
There's should be rules for what kind of information that is stored on mobile PCs and for how long. Furthermore, all laptops should have security products like FailSafe that allow the owners to disable the missing computer to protect the files and identities of individuals.