Keeping your business safe and secure is a major part of doing business, even in countries traditionally considered to be safe. It’s estimated that cybercrime alone costs US businesses more than $120 billion a year, or about two percent of their total value.
But businesses are fighting back. They’ve had enough of the constant erosion of their profits and are looking for ways to stop criminals from stealing all their wealth. Here’s what they’re doing.
Training Their Staff
Staff training is an essential part of keeping a business safe. Not only do staff have to know how to respond to threats in the real world, but they also have to know about the threats they face online. Businesses have been teaching their workers for years about the importance of alerting management if they see anybody suspicious walking around the office, but it’s only recently that many have begun focusing on cyber security. Cybersecurity is fast becoming the biggest problem that businesses face. And what’s more, it’s their own employees who are often responsible for creating the opportunities that allow it to happen. Carelessly downloading email attachments or leaving devices unlocked in public places, make it easier for criminals to get access to business networks. Smart companies understand this, and they are taking action to ensure that their staff is adequately trained.
Continuously Monitoring CCTV Feeds
Crime can happen any time of the day, any day of the week. This is why so many savvy businesses are hiring security companies to monitor their feeds. The problem with a traditional CCTV setup is that it is reactive, not proactive. In other words, a crime takes place, and then the business goes back over the CCTV footage to try to catch the perpetrator. A much better solution would be to monitor the security feed the whole time so that crimes can be prevented, but most companies don’t have the internal resources to do this sort of thing, and so they forever have to pick up the pieces after a crime has taken place. The smart move is to get somebody else to watch the feed who can then alert the business if there is any sign of suspicious activity.
Preventing Information Theft
Another problem that businesses face is information theft. Criminals want companies’ information, including private client details, because they can sell it on to the highest bidder. Most companies don’t realize it, but there’s actually a market for their information and people are willing to pay a high price for it, making it very lucrative for criminals who can get their hands on it.
Some companies are getting a handle on this sort of thing and trying to prevent it. One way that they are doing this is making sure that access is restricted on a “need-to-know” basis. In other words, employees are only able to access data that is relevant to them. Employees themselves can sometimes be a threat, and so companies are also regularly reviewing who makes changes to “privileges” option on the network.
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