Searching for your nearest BMT.

Is Your Business Protected? These Tips Will Help You Get a Lock on Security

Any type of revenue loss or reputational damage is worth preventing. Protecting your business against such losses means securing your operations, building, and revenue-related assets. Here are some things you can do right now to secure everything from smartphones to doors to security systems. While all of these suggestions won’t fix everything or prevent all potential security problems, you’re sure to increase the overall sense of well-being and awareness.

Securing Smart Phones and Tablets

Every time someone uses their phone or tablet at work, they’re tapping into the same network system as the rest of the computers onboard. Every time someone uses their electronic devices, they’re holding a storehouse of personal information and data, and most likely, an access point into your network.

Along with the added productivity and convenience, smartphones and tablets have also given the business community some heightened security risks. They can be stolen or hacked and can open the door to passwords and financial information theft.

To protect against these potential issues, use strong passwords to protect against data breaches or network crashes. Another way is to invest in comprehensive cybersecurity software that creates a firewall, protecting from expensive cyber attacks.

Attacks against businesses aren’t cheap. According to IBM, the costs associated with insider threat-related cyber attacks alone cost a company nearly $8 million.

Secure with Business Insurance

Small businesses should have a risk management program in place that establishes the structure for leading, planning, and controlling the company’s resources and activities to protect itself from outside threats. This program also helps fulfill its objectives as a business in a cost-effective way.

To achieve this security level, your business should consider a comprehensive business insurance plan to mitigate loss and risks. This plan should include a risk management survey that collects the data needed to assess your company’s particular exposures, shedding light on risks you may not have considered before.

Clean Your Hard Drives

Before you choose to toss out an old computer system, make sure that you erase the hard drive. A trashed computer is a veritable goldmine for identity and data hackers- many users still don’t realize that their office copier holds onto documents on a hard drive until the files become overwritten.

In essence, unless a business owner takes the proper steps to ensure that all data has been erased from a computer or copier system before it leaves the office, they may be opening the door to an expensive and widespread data breach.

Develop a Social Media Policy and Stick to It

Email social networking has created its array of security concerns both personally and professionally. These technologies make it very easy to disseminate information. Once that data leaves a building, it can rarely be recovered. Your email policy should address appropriate content for company emails and social media platforms. Assume that nothing will stay private for long.

Many organizations make the mistake of waiting until they’ve already faced a public disaster to put a policy in place. However, setting a strategy up in advance protects you from dealing with those problems to start with. A well-crafted social media policy should:

  • Defend against security risks and legal issues: Social media presents complicated considerations for things such as privacy law.
  • Empower Staff: Social media policies let businesses unlock all the benefits of employee advocacy without putting a company’s credibility at risk.
  • Protect your brand: Your social media policy ensures that whenever someone interacts with your business online, either through a brand channel or an employee, they get the same experience. This helps develop a reliable, trustworthy identity for your business.

Install an Alarm System

When it comes to the physical aspect of your business, the building and everything in it needs to be protected. A modern security system, with its range of electronic components, is outlined to decide, sense, and act.

The security system senses events and decides if it poses a threat and then acts on that decision. While a security system for a business isn’t an in-house undertaking, you should understand the security language to communicate your needs to a security professional and make the most of your system after it’s installed.

Are you interested in learning more about our business banking products?