From your cash, legal documents, records, marketing data, and staff members, there are many business aspects that need to be secured. You should strive to prevent your business from any reputational damage and revenue loss.
Most people perceive theft and security breaches as armed robbery or complex technology. However, these types of instances are rare. Revenue often slips out of business due to employee theft, poor record-keeping, and lax security protocols.
Fortunately, there are some strategies that you can apply to maintain the security of your business in terms of revenue and reputation. They include the following.
Secure the Physical Location
If your business operates at a physical location, investing in some high-quality security solutions for your storefront can help reduce break-ins and theft instances. For starters, consider investing in an alarm system. The best type of alarm varies from one business to another. For instance, a coffee shop might need a different type of alarm from a jewelry store.
Do your research and ask for the opinion of a reputable alarm system provider before selecting an option.
Use Smart Passwords
If you do not already have two-factor authentication enabled on all of your important apps, consider doing it immediately. It is a process that requires two methods of verification for login. Additionally, ensure to follow password best practices such as changing your passwords frequently. This applies to any online service that your business uses and things such as door and gate codes.
You should also ensure that your password is rock solid, with at least eight characters, with symbols, numbers, and lower and upper case letters.
Secure Your Smartphone
Every time you use your phone, you hold a lot of information, including access points to your company network. Although they help to increase productivity and convenience, smartphones also come with some heightened security risks.
They can get hacked, stolen, or expose sensitive information such as credit card information and passwords stored inside. It is, therefore, essential to ensure that they are well secured with passwords and backed up.
Secure Your Business Legally
No matter how legal compliant you try to be while running your business, there are still some loopholes that could expose your business to a lawsuit. To reduce your chances of getting caught unawares, educate yourself in advance and take preventive action.
When setting up your business, get a professional attorney like Naomi Soldon, so that you can have legal counsel on standby.
Have a Visitor Management Policy
An unescorted or unauthorized visitor can be a physical threat to your business. They may also gain access to sensitive information. If you can, ensure that all visitors go through a controlled access point before accessing your business premises. Additionally, include in your policy whether the visitors should be escorted at all times and to all areas.
Request the visitors to wear a badge for easy identification. Ensure that you also clearly communicate the visitor management policy so that your employees can act as your ears and eyes and have the confidence to report a suspicious individual.
Security is one of the layers of foundation that your business should be built on. Consider implementing some of the above tips to enhance the security of your business.