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Business protection strategies to keep your company safe

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This guide outlines the 6 best business protection strategies every brand, big or small, should be using.

When you own a business, the last thing you want to do is operate with a lack of security. There are many ways that you can protect your business and its employees, such as having an alarm system or hiring security guards. However, there are also other essential business protection steps that must be taken to ensure that your company remains safe.

6 best business protection strategies

Here are six valuable tips for protecting your business.

  • Keep Your Equipment and Software Up-to-Date

Keeping your equipment, software, and operating system up-to-date is the best business protection strategy to protect against known vulnerabilities. You should update all of these regularly. While not foolproof, it’s one of your best lines of defense against attacks targeting software vulnerabilities. The best way to do this is by subscribing to an antivirus service that automatically updates your software. Ensure you don’t use pirated software as these versions are often outdated and susceptible to attacks.

This can be difficult, as it often requires you to keep up with the latest patches and updates for many different products. If you don’t have the time, resources, or expertise to do this on your own, consider outsourcing these tasks. Many companies offer IT support services and cybersecurity maintenance plans. They also provide many other valuable benefits, including cyber insurance and data backup plans.

  • Secure Your Data

Your business is only as good as the data it holds. As a result, you’ll want to protect your business from any potential data breaches or leaks. You can do this by encrypting all of your data and ensuring that it is backed up, so you’re prepared in case anything goes wrong. Data encryption involves encoding information so it can’t be accessed without special access keys. This prevents unauthorized parties from accessing sensitive company information.

Backups are a crucial business protection strategy because they ensure that if something goes wrong with an original file, there’s always a second copy on hand. You should backup your business data regularly (in accordance with industry best practices), so there won’t be any gaps in time where no backup exists for any given piece of information that’s stored electronically within an organization’s network.

  • Don’t Forget the Insurance

Insurance can help you recover from cyber breaches, natural disasters, and damage caused by fires or floods. It’s also possible that your property will be damaged during a storm or other adverse weather conditions. Having the right coverage in place is a key business protection strategy to facilitate employees getting back to work sooner rather than later.

If you’re a small business owner, there are many steps you can take to protect your company from data breaches and other security threats. However, the first one is to secure insurance, and you can go to this website to learn how it can help your business. Then comes investment in cybersecurity software and services, training employees on proper computer usage habits, and keeping systems up-to-date with patches/upgrades. 

  • Educate Staff on Cybersecurity

When it comes to protecting your business, educating staff in your business protection strategies is an important step. Your employees should know that using public WiFi isn’t safe and should avoid doing so. They should also be reminded not to click on links in emails or leave their devices unattended, as they could be vulnerable if left out of sight. Finally, don’t let your employees use public computers or phones. Any device connected with an open network could have malware on it!

Ensuring everyone in your office understands these basic business protection tips will go a long way toward preventing cybersecurity incidents. Even if just one person gets infected by a virus, it’s possible for them to inadvertently spread it through their work email system or USB storage devices.

Remember that your employees are the first line of defense against cyberattacks. They should be trained on what to look for and how to report any suspicious activity. In addition, make sure they are protected by anti-virus software and updated regularly with patches that fix security flaws in Windows computers.

  • Use Smart and Unique Passwords

When it comes to securing your business, you need to take password security seriously. This means you shouldn’t use the same password for multiple accounts or a password that anyone could easily guess. When you create a new password, use at least ten characters and include a mixture of letters, numbers, symbols, and capital letters. 

If you have trouble keeping track of passwords, consider investing in a password manager. It is a handy business protection strategy that securely stores your access keys in an organized fashion. Some password managers are capable of locating your passwords if they appear in a security breach. Typically, the manager will notify you, and you can change the access key immediately.

If you are concerned about being hacked, then use two-factor authentication. This extra layer of security requires the user to provide their password and a code sent to their phone. This ensures that even if someone steals your password, they cannot access your account without your phone.

  • Enable Different Permission Levels for Employees

One of the most crucial business protection strategies is to create different permission levels for employees. This means that if one employee doesn’t need access to something, it’s not given to them. 

For example, if you’re working at a company that has confidential data on their computers, you should only be able to access the information necessary for you to do your job. This way, if someone were ever to get a hold of your laptop or smartphone, they would only see the information you were given access to, and they wouldn’t be able to steal proprietary information from you or anyone else in the office.

Additionally, if employees have access to the same software and hardware (e.g. company laptops), it’s crucial that they not use those tools for anything other than work-related tasks. When employees do so, someone could steal sensitive data from you or another employee.

Conclusion

The key to keeping your company safe is being aware of the risks involved in using technology and taking proper business protection precautions to prevent them. By doing so, you’ll be able to protect yourself, your business, and its employees from any potential data breaches or other cyberattacks. 

Photo by Ron Lach

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Our women don’t want to settle for anything but the best. They understand that success is a journey involving personal growth, savvy optimism and the tenacity to be the best. We believe in pragmatism, having fun, hard-work and sharing inspiration. LinkedIn

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