It’s much more enjoyable to focus on the positive sides of business. The people you’re able to help, the team of staff you’re able to create, the ideas you’re able to bring to life. Alas, it’s important to keep in mind that there is another, darker side of business, too. There, people aren’t the supportive type who’ll help you to grow your business: they’re the type who want to hurt your business. Even if things aren’t always that sinister, it’s important to be aware of the threats to your business. We take a look at five ways below.
Vet Your Employees
You’ll hope that your team of employees will do all they can to take your business to the next level. However, if you’re in business long enough, there’ll be one employee who does you harm. The overwhelming majority of crimes that are committed against businesses takes place internally. It could be stealing tools, taking cash, or giving discounts to friends and family. While you can’t always ensure that your employees are on the right side of the law, you can increase your chances of hiring a would-be criminal by properly checking an applicant’s references, and conducting a criminal background check for workers in your more sensitive positions.
Cyber World Attacks
There’s been a massive increase in cybercrime in recent years, and the number is only expected to increase as we move forward. Though cyber defenses have improved, so have the tactics that the criminals use to gain access to a company’s sensitive data. As such, it’s imperative that you implement a solution like security operations servicenow. That’ll help to ensure that your systems are kept updated against new threats, significantly reducing the chances of your being breached.
In the Real World
It’s not just in the cyber world that you need to worry about crime. Even if you’re not “public facing,” your premises are still at risk of being targeted by criminals, especially if you have expensive equipment. As such, it’s important that you take proper security measures to keep your premises safe. Things like having sufficient locks, lighting, access badges, and keeping your equipment out of eye’s view will all be good starts when it comes to protecting your business. It’s also worthwhile getting comprehensive business insurance, so that if something bad does happen, at least you’re covered.
Stay Legally Sound
Sometimes, it’s not someone else that does us harm: we do it to ourselves. When you’re running a company, it’s up to you to check that you’re complying with all legal requirements. If you don’t have the right permissions, then you could find that your business comes to an end for no other reason than the law demands that it be that way.
Eggs in Various Baskets
Finally, remember to keep the long-term success of your company safe by diversifying your clients. If one of your clients accounts for 50% of revenue, then they have too much power. It makes more sense to put your eggs in various baskets!
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