Home Insights & Advice Security technology: Cost-saving and streamlining tips for small businesses

Security technology: Cost-saving and streamlining tips for small businesses

by John Saunders
3rd Dec 21 4:59 pm

Security technology can be expensive. If you run a small business, you may be thinking of foregoing security installations to cut costs. Small businesses are less likely to fall victim to security threats, right?

Think again. Your business needs protection, regardless of its size. Cyber security studies show that in the last 12 months, 63% of small businesses have fallen victim to cyber-attacks.

Since the pandemic, the way businesses operate has changed drastically. We are starting to see more people working from home. To keep up with these changes, you need to protect your data in and out of the office.

Suppose you are concerned about the costs of security technology for your small business. In that case, this article seeks to soothe those concerns and provide you with some tips to help you prioritise security investments and learn about cost-efficient methods to protect your business.

How to get the most out of your security technology

To get the most out of your security investments, you need to understand the threats you are most vulnerable to and need to prioritise. Let’s evaluate the solutions to threats that could cost your business the most money down the line.

Cyber security

If you are running a hybrid or work from home model or using any cloud-based programmes in your offices, you need cyber security.

Cyber security is a valuable measure to prevent the following security threats:

  • Malware – this is malicious software that can infiltrate your system and act against the user’s intentions.
  • Phishing – the use of scam emails and text messages to acquire personal details under the guise of a business like your bank or phone service provider to steal your data.
  • Communication hacking – this type of hacking usually occurs when people are using public wifi networks. The hacker steals information from correspondence sent between two people.

Each data breach cost businesses on average $4.2 million a year. Investing in cyber security technology will help prevent the loss of sensitive data and prevent the costs associated with a data breach down the line.

If you are trying to streamline the costs of your security enhancements, make cybersecurity a priority.

Office entry systems

The biggest security threat to your business is unauthorised access that can cause data breaches and even harm your employees in their place of work.

The best way to tackle this threat is to install a single-door access control system that has cloud-based management. This means that you have complete control over who can access your building, and employees can enter quickly and easily using an entry code or mobile device.

You can integrate a video camera feed with your keyless entry system. This allows you to remotely view and manage access, to ensure no unauthorised access or misappropriated entry cards and codes.

This investment will ensure your building is secure to prevent data breaches and protect the safety of your employees. You should prioritise access control when looking at streamlining your security plan.

Integrations

If you have covered your basic security needs using office entry systems and cyber security, you may still have some risks to mitigate.

To address these additional risks, you must first determine which of them are a priority. For example, you may wish to prioritise health and safety risks posed by the recent pandemic. You can then add integrated features to your access system to control these risks.

You can use wellness verification integrated with your access system if you need to mitigate safety risks posed by coronavirus. You can incorporate numerous additional features with access control to help streamline your security plan and house it on one interface.

Creating your security strategy

Hopefully, you will have a solid basis for your security strategy by addressing the security measures you need to prioritise.

You can strengthen your strategy by assessing additional risks and implementing staff protocols that will provide you with additional protection, such as staff training and secure document disposal.

Andrew Brookes / Avalon

Is your business protected?

Even small businesses are vulnerable to security threats. To provide your company with the most cost-efficient security system, you must prioritise which security features are the most necessary.

Cyber security and access control are the foundation of providing safety for employees and protection for sensitive data. Using these systems will save you money down the line on potential losses caused by data breaches.

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