Australian Businesses Lose $4.3 Billion Of Assets Per Year

Australian Businesses Lose $4.3 Billion Of Assets Per Year


Recently Selectlok wrote a guest post for Security Exhibition & Conference about the costs associated with small asset loss for business in Australia and how to combat them.

In 2019, Telstra commissioned a study to assess the amount of lost assets within Australian businesses and calculated a staggering total of $4.3 billion dollars. Of which, almost $600 million dollars were from small asset loss such as keys and key cards. This is just the replacement cost and doesn't take into account the time wasted, impact to business processes and costs associated with tracking these assets.

So what's the answer?

Click here to read our article on the Security Exhibition & Conference website to find out

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