Entrepreneurs already have a lot on their plate, networking every day to look for investors and business partners, marketing to customers, handling production issues, etc. The last thing you want to be worrying about is if your company is secure from the potential security threats that abound, whether it’s a malware attack or a natural disaster. Here are five security strategies that can give you the confidence and peace of mind that your business is secure.
Establish Strict Network Security Policies
Cybersecurity is a rising concern, especially for businesses. In fact, in 2016 alone, there were close to 19 million new malicious software samples identified and captured, according to Pandalabs. In addition, according to the Computer Crime and Intellectual Property Section, close to 5,000 ransomware attacks are reported every day since the start of 2016. Establish a formal company internet policy that restricts your employees from downloading potentially dangerous files and visiting potentially dangerous websites. If you are handling any payments through the web, have a dedicated network and network monitoring system for your transactions.
Train Your Employees
Without the proper training, your employees can be a security risk. They might click unsolicited ads and popups, leave office devices vulnerable to breaches, and get lured into a phishing scheme. Train your employees on how to use their computers and other electronic devices that are hooked up to the office’s WiFi safely. A one time workshop won’t suffice. Regularly update their security training and stay on top of any software updates that your computers, printers, and other devices get. Make sure that employees know these threats are ever-present by sending short email updates regarding said threats and having weekly meetings showcasing data gathered and analyzed by an IT professional.
Insure Your Assets
Threats don’t just target your computer systems. Left unchecked, it can also wreak havoc on your cash flow. Even the most minor security breaches could cost your business money and, more importantly, lose your customer’s trust. Make sure your business remains financially viable during its low points by getting adequate insurance coverage. There are many coverage options for business insurance, such as legal liabilities, property damages, and personal injuries. Work with a trusted and licensed insurance agent to evaluate your business’ needs when it comes to insurance coverage. Without any insurance covering your business, any financial expenses can be taken directly from your pockets.
Install Security Systems
Modern security systems are designed with state-of-the-art sensors and components that are much better at detecting security threats, gas leaks, and other dangerous events. A security system doesn’t just send the bells ringing in the event of a fire or break-in; they can also alert authorities thereby significantly improving response time. Make sure to install high-resolution security cameras that can record activity happening around your business’ premises. Security cameras serve both as a deterrent of criminal activity and as an investigative tool that can hold evidence in the unfortunate event of a break-in, fire, or any other kind of accident.
Backup Your Data
Not performing regular data backups can lead to catastrophic consequences in the event that your data is lost. Whether it’s from a fire destroying your hard drives or a flood that sweeps through your physical documents and files, there’s a lot of ways you can lose your valuable business data. Backup your files effortlessly with cloud computing.
Final Thoughts
Savvy entrepreneurs know that, before you can work towards making millions of dollars from a business idea, you need to establish a metaphorical moat that protects you from common security threats that can derail any infant businesses from surviving or ever succeeding. Keep in mind that these five preemptive measures aren’t the only things you can do for your business. There are many other ways you can protect your business, such as using strong passwords, encrypting your data, and installing robust firewall systems.
