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3 Protections You Should Have In Place For Your Business

With the amount of time, energy, and money you’ve put into building your business, you want to make sure that your company is properly protected from everything and anything that could threaten to take it away from you or break your stride. But with the sheer number of things that could affect your business, it can be hard to know where you should focus your attention, especially if you’re running on a limited budget. So to make sure that you’re putting your resources to work in the best possible way, here are three protections you should have in place for your business.

Choosing The Right Legal Business Entity

The first and best way that you should be properly protecting your business is to choose the right legal business entity when you first start your business. Depending on the legal vehicle you choose for your new business, you’ll have an easier time with certain protections. So before you choose if you want to be a C corporation, S corporation, limited liability corporation, partnership, trust, or other legal entity, you’ll want to be sure that you confer with a business lawyer to make sure that you’re choosing an entity that will fit well with what you want and what you see for yourself in the future as far as business protections go.

Protecting Intellectual Property

The intellectual property of your business is also something that you’re going to want to heavily protect, especially if you have some kind of trade secrets that you know give you a leg up on your competition. Sadly, you can’t just expect other people or businesses to leave you and your trade secrets alone. You have to take legal steps so that anything you don’t want others to use or steal is protected by things like patents, trademarks, copyrights, and more. This way, your intellectual property will be safely kept within the bounds of your own business, or you’ll have legal repercussions that you can dole out.

Security To Sensitive Information

For modern businesses, so much information is stored online and requires stiff cyber security to ensure that online threats don’t break in and steal them. However, this requires more than just having a strong password. To best protect your sensitive information, you’ll want to use quality cybersecurity services. This will help to ensure that all areas of your business, from HR to client and customer information, are adequately kept from anyone outside of your business who shouldn’t have access to this information. You should also train your staff on best practices for maintaining the security of your business, from getting rid of sensitive information they don’t need to store to be aware of phishing and other threats that might be targeting them. If you want to increase the chances of your business being protected from those who might seek to take advantage of you, consider implementing the tips mentioned above.

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How To Increase The Level Of Data Security Of Your Company

With technology and software advancing every day and policies on privacy and protection constantly changing, keeping your data safe has become a top priority now more than ever. Safeguarding your company’s data is a heavy burden to carry on your shoulders, but there is a range of things you can do to ensure your company’s data is always safe and secure. Here are a few very helpful tips that will guide you on how to increase the level of data security of your company.

1. IT Company

It’s always advisable to collaborate with an IT company so that all your IT-related activities and responsibilities are taken care of by a separate organization. This reduces your company’s burden and thereby will enable you to redirect your resources to the company’s primary priorities. Make sure to collaborate with a reputed IT company that is well-versed in data protection and knows how to quickly and efficiently handle any breaches in data. The IT company you choose to work with should also know how to safely recover lost data and properly dispose of sensitive company information.

2. Role-Based Access Control

It is no surprise that the more people have access to certain information, the more likely that the information will get leaked. If your company has many employees, a smart move to protect your data would be to employ role-based access control. In this system, access to information is determined by one’s role in the company, meaning that not all information is accessible to everyone. For additional protection, use multi-factor authentication and thoroughly train your employees on security procedures. Doing so will restrict the number of people using and analyzing your company’s sensitive information.

3. VPN and Multi-Factor Authentication

Small businesses are increasingly using VPN and multi-factor authentication (MFA) to ensure the highest possible level of data security for their organization. VPN technology prevents data within a network from being intercepted by third parties making it harder to hack than unprotected networks. MFA, also known as two-factor authentication, is an invaluable tool to bolster the existing defenses of VPN technology. When used in combination with MFA, VPNs provide a powerful defense against both intentional and accidental malicious access to sensitive information. If your business is a Cisco Firepower VPN Client by utilizing Cisco Firepower MFA, you can be confident that your corporate data is secure no matter where it’s accessed from or shared across the organization.

4. Strong Passwords

The first thing you can do to ensure increased security of data at your company is to set strong passwords. A strong password forms the basis of a good security system. Information found at https://www.passcamp.com/ emphasizes the need for password management and advanced protection at the company level. Any compromises at this stage in security indicate major issues with your overall security system. For all your systems and files, set foolproof passwords that aren’t easy to hack. This means that your passwords need to be long, non-generic, and complex.

5. Cloud Computing

Another way to safely access and store your data is through Cloud computing. Cloud computing offers multi-level foolproof security that will enable you to keep track of your data’s safety. You can also choose to have additional layers of security implemented. Cloud computing gives you insights into user activity and file accessibility. This way you will have an idea of what data was accessed, when, and by who. Any changes made to the data will also be visible. In general, Cloud computing will save you a lot of time and money by preventing disruption and loss of data.

6. Back up your Data

A critical part of securing your company data includes backing it up. In the unforeseen yet not uncommon chance that you lose your data, it is crucial that you have another information source to turn to. Without important data on hand, the company’s ongoing operations may be disrupted. Data retrieval can be a lengthy and complex process, so it is always recommended to store your data elsewhere within a secure system.

These are some of the most important things you can do to ensure your company’s data security. If ever unsure of where to start, consult a professional who will give you expert advice on how to protect your company’s data. And be sure to keep our tips in mind for extra protection.

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