After going through a lot of sacrifices and sleepless nights, you’ve finally established your business. Operations are going smoothly and revenue is rising. It has been the best season for you and your business until you lost money out of nowhere.
This can happen to anyone who’s a business owner, especially if the business isn’t secure. Data can leak, and people can just run away with your business’s income. You’ll just be surprised and devastated after finding out about this disaster.
While these could happen in a flash, instances like this are preventable. Reduce the risk of having to deal with asset loss. Check out these tips and preventive measures to secure your business and all its assets.
Employ Trustworthy People
Did you know that 50% of business failures can be blamed on theft and embezzlement? You can’t afford to lose assets just because of an inside job. The first step to safety is actually hiring trustworthy people. There is no better way to secure your business than to screen the people who will run it for you.
This all starts with a comprehensive hiring process. Everyone should undergo a very extensive background check. That’s a step you cannot skip. Make sure that everyone you hire doesn’t have any bad records, to say the least. Determine people who have done great in their previous jobs. You can use this to gauge people’s trustworthiness and performance. It’s essential to contact the people they put on their character references. However, it’s not enough. You already know how easy it is to put false information on documents. Check the character references first. See if they’re legitimate people who are working in a position that’s on the resume. Look them up on LinkedIn if possible. That’s where you can see where these people could be working and their current positions. That’s a way to check if your applicants have put the correct information on their resumes. Once verified, that’s the only time you can reach out to these character references.
Have a Good Security System
Screening your employees during the hiring process is vital. But there are still risks of being penetrated by someone who can commit crimes in the workplace. This is why it’s crucial to have a good security system that’ll watch your people’s movement. It sounds selfish to think that security cameras are only installed to monitor how your employees behave. But come to think of it, it’s also about protecting them from dangers that may come outside the workplace. Aside from security cameras, you also have to have reliable monitoring services. A good combination of surveillance and access controls will help prevent unauthorized entries. As the owner of the business, you have a responsibility to give your business and your employees the security they deserve.
Network Safety Is a Must
You can also lose assets by operations that aren’t carried out physically. Cyber attacks are one of the ways to bring your business down and can cost you asset loss. In fact, research says that 78% of IT professionals don’t feel confident about their organizations’ cyber security.
To help you with your business’s cyber security, you should have IT professionals. They are the only ones who know how to protect your network from cyberattacks. You should also deploy a reliable firewall in your computer system like Fortinet Cloud NGFW. Invest in InfoSec training for your employees too, so they’d know how to protect the company’s data. It should be teamwork. It’s only going to work when everyone is committed to cooperating.
Do Scheduled Auditing
Assessing all your properties is an excellent way to keep everything accounted for. Periodic inventory and auditing are essential. This way, you’d know if some irregularities can affect operations. Preventing these inconsistencies can help you rescue the revenue that might be in jeopardy. A surprise inspection can also help along with regular auditing. Make sure that these processes are comprehensive. Keep your inventory data up-to-date so you won’t miss any changes on your assets. One way to keep your business secure is to keep an eye on it. It’s a guaranteed method to prevent asset loss.
Investing in business security can be one of the best things you can do for your business. Your assets are the fruits of your hard work. You can’t just let them vanish in thin air. You know how hard it is to start all over again. Why risk continuing business without security when you can prevent security flaws in the first place? Follow the tips above and take action immediately.