One way or another, the internet is going to define how we do business in the future. This is obvious for retailers and services that exist solely online, but even traditional brick and mortar businesses are relying more and more on the internet to stay competitive. It can be easy to forget how much your business relies on the internet until you recognize that even basic retailers making use of a cloud point of sale system have access to all the credit card information of their customers and sometimes vast amounts of demographic data. Cyber security solutions, like those offered by Carbon Black software, provide a number of disadvantages that make them well worth the cost.
It Can Protect Your Reputation with Customers
When you complete a transaction with a customer, they’re entrusting you with a huge amount of responsibility. Your systems process sensitive financial information, and a breach in your system could compromise their personal data. Then you have to keep in mind any personal or demographic data you may have gathered for the sake of marketing and outreach purposes. A significant data breach that compromises the information of customers can serve as the death knell of a business, but proper security measures can prevent that from becoming an issue.
It Can Protect Your Employees
By necessity, most businesses retain a large amount of information on their staff. Social security numbers, health care policies, physical addresses and phone numbers, and HR reports are just the tip of the iceberg. Then there’s the decreased productivity that comes from a compromised system having to be resolved. Utilizing security measures keeps the personal information of your people safe and ensures they can safely and effectively continue to do their jobs. Security systems can provide you with the backup you need so that even if your information is corrupted, you can rapidly gain access to your important data and steer your ship back on course.
It Can Protect You from Internal Fraud
It’s an unfortunate truth that members of your staff may not have the best interests of the company in mind, but maintaining a productive workforce means providing them the leverage to conduct their jobs without compromising their own privacy. Security measures can provide you with the peace of mind you need without impugning on the rights of your employees. The increased prevalence of digital communications means that everyone leaves a paper trail, and many security services have anti-fraud measures in place. That allows you to investigate potential attempts at extortion or fraud without having to rule over your office with an iron fist.
It Can Protect You from Federal Penalties
Even if your business never experiences a data breach, you could come under the watchful eye of the federal government. To protect the rights of customers and employees, a number of rules and regulations have put in place to ensure businesses follow safe and proper security protocol. Security software allows you to maintain all of your records safely and securely and make sure you have the information you need to prove to investigators that you’re compliant with all necessary regulations. It can also help you stay within the boundaries of the increasingly complicated rules regarding how you process, store, and utilize the private information you receive from your customers.
