Technology has advanced so much over the years, which has allowed businesses to rely on it in order to make business transactions. But with that advancement comes risks, and digital security has become a significant concern. Poor security, especially digital security, can lead to financial disasters for you and your customers. Here are 6 risks associated with having poor security at your business. 

Assault and Vandalism

Poorly lit areas, lack of surveillance, old lock systems and more can result in robberies, vandalism or theft at your business. The best way to mitigate these risks is to partner with a security consultant and or your insurance company in order to create a strategic plan for increasing safety at your location. By doing so, you can avoid compromised assets, costly damage, and possible harm to your employees. 

Theft

Lack of security is the biggest correlation to theft. If you don’t have surveillance cameras, entry badges, inventory systems or alarms, there is no way to protect your assets. Robberies can happen in broad daylight if you don’t have proper security procedures or personnel on site, and worse, you won’t have any way of convicting the perpetrators. Even so much as investing in a surveillance system can help deter criminals, as well as buy you some time to call authorities. 

Electronic Theft

The risks associated with digital security have become increasingly more prevalent over the years. Hackers have become more advanced, allowing them to steal passwords, hack files, and download malware to steal your information. Being hacked can pose major risks for your company as you can have sensitive information stolen, which in turn can hurt your reputation and bank account. An information technology company can help implement digital security measures at your company to prevent electronic threats, as well as protect your assets from any previous disgruntled employees who could still have access to your network or building. 

Corporate Espionage

It’s crucial you examine what information you don’t want your competitors to have access to and properly protect it. Safeguarding your patents, customer lists, receipts, and other sensitive business information will keep you safe from corporate espionage, and also could give you a competitive edge. 

Legal Liability

If your customers, clients, vendors or suppliers can prove you didn’t take responsible care of their property or data, you could suffer legal damages. Even if the case is thrown away, you could still suffer from a compromised reputation. It’s important to review your relationships take the necessary steps to safeguard their data as well as personal safety to reduce liability and improve security efforts. 

United Security Incorporated | Security For Businesses

At USI Integrated Solutions, we bring together a highly experienced team, keen strategic planning and in-depth understanding of the leading technologies in the field. For over 29 years we have brought peace of mind to our clients through the careful application of investigative talent and technology implementation. When it comes to the security of your building, it's best not to leave it up to chance. Be sure that you have made every effort possible to keep your property, employees, and visitors well protected. If you have any concerns, you should consider having your security measures evaluated by a reputable company.