by Craig Wright
Alongside daily operations, business owners are tasked with asset protection, including their property, information, employees, and customers. But even if your physical entryways are protected, hackers can break into your business through an unsecured network. Your network houses your company’s information, which may be worth as much or more than a business’ physical assets. Apple has demonstrated the importance of data security by being unwilling to cooperate with an FBI investigation. The tech company refused to create a “backdoor” into the iPhone operating system because doing so would jeopardize the cybersecurity of all iOS users.
Fortunately, advancements in technology have helped prevent business losses of all kinds, including physical assets, information, and productivity at very affordable costs. Unfortunately, tragedies in public spaces and cases of leaked intelligence continue to put pressure on business owners to invest in more advanced preventative safety measures.
It is crucial for businesses to operate under a network that is secure, but creating such a network can be expensive. However, the cost of handling the fallout after a data breech far outweighs the cost of preventing one. Gartner Inc., a Connecticut-based information technology research and advisory company, estimates that every $5.62 a company spends after a breech could have been prevented with a $1 investment in data encryption and network security.
State Systems Inc. has seen more interest from business owners seeking security solutions in the last nine months than in the entire year prior, and physical security remains a top priority.
A common misconception is that video surveillance is too expensive to implement, but it is actually much more affordable than most business owners realize. Many existing surveillance systems can be retrofitted using cameras with exponentially better resolution and updated features like cloud compatibility.
While security cameras are great for recording activity and deterring crime, the devices become more beneficial when paired with a controlled-access system. For many businesses like daycares, schools, medical facilities, and financial institutions, it is important to manage the access of those allowed on the premises, and controlled-access systems offer an easy and affective option to screen individuals before they enter a facility.
Data isn’t only transmitted digitally; it is also passed verbally from employee to employee. As open-air offices become more prevalent, companies are seeking out ways to maintain employee productivity and protect private conversations. Rightfully so, as global market research company Ipsos found that employees can lose as much as 86 minutes per day because of noise distractions. Noise canceling devices serve as a popular solution for businesses with open office spaces and can help mask conversations.
Security technology can seem costly and intimidating, but there are options for every business size and situation. It is important to choose a partner vendor that understands your security needs and can provide the products and services you need. When debating whether to invest in a security technology, make sure to ask yourself if your business could afford to lose life or property as a result of not having it. That conclusion should be your answer.
Craig Wright is the general manager of the Technology Division at State Systems Inc., a local leader in personal property protection.
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