Global positioning satellite [GPS] based recovery device and risk management system for portable computing devices and data

A compact global positioning satellite device, installed into a portable computing device, comprising:

• utilization of an electrical power system of either said portable computing device or a separate battery system affixed to said installed global positioning satellite device;
• installation of a data port to communicate digitally with an operating system of said portable computing device;
• and
• operation of a signal reception and transmission assembly in said global positioning satellite device for wireless communication with one or more global positioning satellite arrays that is conditioned upon an input indicating the theft or loss of said portable computing device;
• wherein the global positioning satellite device is configured to transmit geographic coordinates of said installed global positioning satellite device to assist the locating and recovery of said portable computing device;
• wherein one or more received transmissions authorize the installed global positioning satellite device to instruct the portable computing device to alter or eradicate its electronically stored records;
• and
• wherein said one or more received transmissions authorize the installed global positioning satellite device to instruct the portable computing device to alter or eradicate electronically stored records where a binary fill is activated over-the-air and is not required for the portable computing device to be plugged into an electrical outlet.

A compact global positioning satellite device, installed into a portable computing device, comprising:

• utilization of an electrical power system of either said portable computing device or a separate battery system affixed to said installed global positioning satellite device;
• installation of a data port to communicate digitally with an operating system of said portable computing device;
• and
• operation of a signal reception and transmission assembly in said global positioning satellite device for wireless communication with one or more global positioning satellite arrays that is conditioned upon an input indicating the theft or loss of said portable computing device;
• wherein the global positioning satellite device is configured to transmit geographic coordinates of said installed global positioning satellite device to assist the locating and recovery of said portable computing device;
• wherein one or more received transmissions authorize the installed global positioning satellite device to instruct the portable computing device to alter or eradicate its electronically stored records;
• and
• wherein said one or more received transmissions authorize the installed global positioning satellite device to instruct the portable computing device to alter or eradicate electronically stored records where a binary fill de-encryption is activated over-the-air and is not required for the portable computing device to be plugged into an electrical outlet.

A method of utilizing a compact global positioning satellite device installed in a portable computing device as part of an insurance and risk management service to mitigate the economic cost of loss or theft of said portable computing device and any proprietary data files stored therein, the method comprising:

• receiving electrical power from either said portable computing device or a separate battery system affixed to said global positioning satellite device;
• installing a data port to communicate digitally with an operating system of said portable computing device;
• operating a signal reception and transmission assembly in said global positioning satellite device for wireless communication with one or more global positioning satellite arrays conditioned upon an input indicating the theft or loss of said portable computing device;
• and
• determining a value and payment scheme for said insurance and risk management service using a series of computerized algorithms;
• wherein one or more inputs to said computerized algorithms are selected from the group consisting of the cost of said global positioning satellite device, the cost of installation of said global positioning satellite device, the cost of a monitoring service, the cost of communications from the monitoring service to the one or more global positioning satellite arrays, the cost of communication between a global positioning satellite and a covertly installed global positioning satellite device, and a future time based value for information and data maintained or to be maintained on said portable computing device for which an owner will be compensated in the event of theft or loss of said portable computing device.

A compact global positioning satellite device installed in a portable computing device comprising:

• an electrical power system configured to receive power from either said portable computing device or a separate battery system affixed to said installed global positioning satellite device;
• a data port configured to communicate digitally with an operating system of said portable computing device;
• and
• a signal reception and transmission assembly in said global positioning satellite device configured to communicate wirelessly with one or more global positioning satellite arrays and to transmit geographic coordinates of said installed global positioning satellite device to assist the locating and recovery of said portable computing device, wherein transmission of the geographic coordinates is conditioned upon an input indicating the theft or loss of the portable computing device;
• wherein one or more received transmissions cause the installed global positioning satellite device to instruct the portable computing device to modify electronically stored records utilizing a random binary fill or encryption that is capable of decryption and data recovery if the portable computing device is located.