Security is only one aspect of operating a business, but it affects every part of your business. Employees who don’t feel safe will leave the company. If customers can’t trust you with their data, they’ll leave. If your network and property are not locked down, you leave yourself vulnerable to criminals. It’s no surprise these questions are at the forefront of the minds of business owners and managers. Here are answers to some of the questions that may be keeping you up at night.
Is Dropbox Secure for Businesses?
Dropbox claims to offer protection against “brute force attacks, ransomware, malware, and data breaches” through encryption and secure storage. Data security professionals are not convinced. They cite gaps in security and a history of security breaches. Dropbox stores and saves your data, tracks your location, and shares your personal information. It’s possible to take steps to make it more secure such as using two-step verification, setting up email notifications, and using a VPN.
Related Post: Read more cyber security tips for businesses here.
Is Google Drive Secure for Businesses?
Google Drive offers a decent level of data security for its users. Google doubles the encryption level when data is in transit – and most vulnerable. Upgrading to Google Workspace is a must for most businesses and will give you more control over the security and management of your data. You may want to take additional security measures if you use Google Drive for confidential information or other sensitive data.
Related Post: Learn more about information security for business.
How Much is a Security System for a Business?
It’s difficult to say exactly how much a security system will run you. Totals can run from less than $5000 to $100,000 or more. Factors to consider to determine the cost of a security system for your business include the size of your business, the location, and the level of risk (value of products or equipment and local crime rates, for example). You’ll pay for the equipment, installation, and a monthly rate for monitoring.
Related Post: See our tips on controlling the cost of business security.
Why is Data Security Important to a Business?
Data is one of your company’s most valuable assets – and it’s vulnerable, not just to local troublemakers, but to well-funded organized criminals worldwide. A lapse in data security can damage your reputation, cause customers and employees to leave, and lead to financial loss that’s impossible to estimate. You may even face legal issues if you are required by laws and regulations to protect that data.
Related Post: How your business can protect employee data.
Are Business Security Systems Tax Deductible?
Consult a tax professional to confirm eligibility, but it’s worth looking at Section 179 of the IRS Tax Code. Businesses can often deduct the cost of fire alarms, safety, and security systems purchased or financed during the tax year. If you’re considering buying or upgrading your security system, consider tax savings and the possibility of lower insurance costs.
Related Post: Offset the cost of security with tax and insurance savings.
How Do Small Businesses Create Effective Security Policies?
Effective security includes physical and cyber security. Protection can come in the form of on-site security guards, monitoring by remote security officers, network and data protection, and security equipment. Don’t underestimate the importance of including employees by developing a security policy and giving them a role to play. Even state-of-the-art security systems are no match for social engineering if your team doesn’t know what to look for.
Access Control. Give keys or access codes only to those who need them. Ensure employees can only badge into the areas they have reason to access. Security codes should only be given to those scheduled to enter first or leave last. Access and security cards should be changed when an employee leaves the company or when potential breaches occur.
Zero Tolerance. After a grace period to become familiar with do’s and don’ts, it would be wise to come down hard on issues like propping doors or allowing someone to enter behind them without using their card. Unlike accidentally leaving a window open, these practices are purposeful and should be treated as such.
Employee Training. Teach employees how to recognize security risks such as unauthorized personnel or suspicious behavior. Be sure they know what to do in the case of an emergency – who to call, how to raise the alarm, where to meet, evacuation procedures, and the location of emergency supplies and equipment.
Related Post: Learn how to build your ultimate security checklist.
Security Questions? Ask BOS Security
The security professionals at BOS Security are always ready and willing to answer security questions and offer advice. Contact us today at 404-793-6965 or request a free Security Needs Assessment today.