4 Security Risks That Your Business Needs To Deal With

Security is an important concern for any business. When you’ve spent so much time and money building a successful company, you need to make sure that you’re protecting yourself against any threats so you don’t lose that business. There are all sorts of different dangers that could damage your business beyond repair so you need to know what to watch out for. There are risks that come from outside of the company but there are also internal risks that you need to be aware of. If you want to secure the future of your company for a long time to come, you need to be aware of these dangers and know how to protect yourself from them.

 

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Dishonest Employees

 

This is a threat that no business owner ever wants to deal with but it’s something that does happen sometimes. An employee could steal money or equipment from the company or deliberately leak sensitive information. There’s no way that you can ever know for sure whether an employee is likely to engage in criminal activity that harms the company so you need to be careful during your hiring process. Always get multiple references from previous employers and don’t hire people that can’t provide them. If they can’t get a reference from their previous jobs that’s a big red flag. It might be worth having background checks done on employees that will have access to sensitive information or be using expensive equipment. You also need to have processes in place so you always know who has access to sensitive information and for what reason. If you keep track of who is accessing information, it doesn’t give people the opportunity to misuse it and if there is an incident, you can easily find out who was responsible.

 

Break-Ins

 

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It’s not that likely that one of your employees is going to steal from you, even if it does happen on occasion. It’s far more likely that you’ll be broken into by somebody else. You might lose expensive equipment around the office like computers and you could lose cash if you hold any on the premises. You might also lose sensitive information about the company or your customers, which is always bad news for a business. That’s why you need to be careful with security around the office. Security cameras are an absolute must. They act as a great deterrent so you’re not as likely to get broken into in the first place. They’ll also be able to capture evidence of the break-in so you’re more likely to get your property back after a break in. If you’re particularly worried about safety, you should get a security guard to patrol the building at night. There are some great security companies that offer a service combining security cameras and guards. You can view here to find out more information. Securing the office at night is essential if you want to avoid any expensive break-ins.

 

 Cyber-Security

 

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You should already know that cyber-security is a massive concern for businesses these days. We’ve already looked at the ways in which your employees might leak sensitive data from the company. That is a danger but you’re more at risk from outsiders when it comes to data security. Criminals will attempt to get hold of private information on the company which they may then try to use to blackmail you. They may also try to get access to your company bank accounts to take money out of them. As well as business information, they’ll try to access your customer’s credit card information so they can steal money from them as well. Most people know this already and they understand how important it is to protect yourself online but they don’t really know how to do that.

 

Criminals are always adapting their methods and security software is constantly trying to stay one step ahead of them. That means that security software doesn’t last too long before it becomes obsolete. It can get quite expensive to keep updating software regularly but it’s a mistake to try to save money by not renewing it. If you’re not updating software, it’s not protecting you at all.

 

It’s also important that you have a good IT team that are constantly working to keep your data safe. They’ll be the people that respond if you do fall victim to an attack and it’s important that they react quickly. The quicker they can put a halt to a cyber-attack, the more you can reduce the damage. If you can’t afford to hire an in-house IT team, you should outsource to an outside company.

 

Rival Companies

 

Keeping an eye on the competition is important in business if you want to stay ahead. That’s fine, as long as you’re doing everything above board. Unfortunately, there are some companies out there that will resort to criminal methods to find out what their competitors are up to. Cyber-attacks are one way that they’ll try to find out what you’re up to. But they might also try getting your employees to give them inside information about the company. If your employees are unhappy and they feel that you don’t value them, they’re more likely to take information to your rivals. That’s why it’s important that you create a good working atmosphere that makes employees feel as though they’re part of the company.

 

Another way that rivals might find out inside information about you is through misplaced documents. If your employees are taking sensitive documents out of the office to work at home or while they’re traveling for work. Whenever people take documents out with them, there’s always the chance that they could get lost. The best way to avoid this is to make sure that people aren’t removing sensitive information from the office unless absolutely necessary. You should also keep track of who is taking what out of the office so if anything is misplaced, you’ll have a better idea about who is responsible. Any documents with sensitive information that aren’t needed anymore should be shredded right away so there’s no chance of them getting into the wrong hands.

 

These are some of the biggest security risks to your business right now. You need to stay on top of them if your company is going to survive in the future.

 

Elita Torres

I have over 20 years experience as a leader, first as a General Manager for several Big Box retailers with over 100 employees, then as a district manager overseeing an average of 23 stores. Currently, I am a Sales Director overseeing 4 Districts. My passion for leadership and personal development has led me to share my journey in a Blog. Find out more on http://www.leadgrowdevelop.com/about/