Your business is vulnerable to all manner of external events. At any time, you could face disaster from different sources. The future is always uncertain, and anyone who has suffered disastrous events didn’t expect them to happen. As a business owner, you have a responsibility to yourself and your employees to protect the business as best you can.
Protection is a broad term, and there are various aspects of your business that need protection correctly. While there is a risk of severe physical events such as acts of God, hackers can maliciously attack your business as well. Attacks in the workplace are common, and cyber-attacks increase year on year.
- Cyber Attacks
- Criminal Behavior
No one can predict acts of God, but you can enact safety measures. Also, cyber-attacks are on the rise and can cost a business dearly. In addition, white-collar crime and co-worker violence account for a large number of incidents inside a company.
For a business, disaster comes in two forms: physical and digital. Physical disaster means earthquakes, fire, and flood. Digital refers to the loss of sensitive and vital computer data under cyber protection. Unfortunately, recent events in Miami have highligh
ted just how unknowable the future is, and anything can happen at any time.
You should seek necessary insurance as well. You can’t predict the nature of people’s actions, hence if you have a fleet of delivery drivers or company cars; car, van, and truck insurance is vital in covering the driver and products. In addition, all staff can train in emergency exit procedures, and you should employ fire services to check your emergency equipment.
One of the most prolific threats to a modern business is cyber attacks. In 2020, UK businesses faced a cyber attack every 46 seconds at a total of 686,961 breach attempts. Attacks such as cloud vulnerability exploitation, AI fuzzing, and classic social engineering are among the most dangerous threats a business can face.
Protecting your business from cyberattacks isn’t 100% guaranteed. Still, you can make significant steps to vastly increasing your protection from malicious attempts. At the very least, you should maintain adequate antimalware protection. You should also train employees to use company devices safely and hire managed IT services to protect computers, for a small fee.
Robbery, embezzlement, and even extremist terrorism are genuine threats facing business establishments today. In the US alone, according to the National White Collar Crime Center and the FBI, embezzlement accounts for 35% of business failures at the cost of $400 billion per year. But, unfortunately, almost no company is safe from criminal acts.
In addition, co-worker violence is a dire reality that companies have to face. Necessary steps should educate employees on such issues as sexual harassment and safe work conduct. Protection against criminal acts is preventable by investment in high-quality CCTV and extra security measures such as guards, access controls, and emergency lockdown systems.
You can’t stop natural disasters such as fire and flood, but adequate suppression systems and emergency training will save lives. In addition, relevant insurance cover will financially protect against loss of goods.
Cyber attacks are on the rise, and malicious hacking can be disastrous for any business. Installing good antimalware protection can help but teaching employees to use company devices in conjunction with professional protection safely is the best method.
Your business is not invulnerable to criminal acts, and employees could steal money. Attacks on staff for either an external actor or a co-worker are also possible. But you can protect your business and employees with adequate security systems and CCTV.