Small Business Data: A Prime Target

Small business dataYou and Your Customers

It is easy for many small business owners to read about data breaches like those that happened to Target in late 2013 and think they’re too small for any such problems. In reality, according to the Better Business Bureau, more than 40 percent of all data breaches occur in companies with fewer than 100 employees.

One of the key reasons so many small businesses are victims of such attacks is the general view that small business data has fewer protections and safeguards than found in larger companies. While some smaller companies may take extra steps to protect their computers and electronic data, they are often less diligent about discarding such things as paper copies of company financials, customer records, and day-to-day transactions.

Sergeant Shredder spends a great deal of time educating companies in Southern California about the dangers such attitudes create for business owners. In fact, there is as much concern for the customers as for the businesses themselves. The real problem is that thieves can use your trash as a source for information and identity theft affecting your customers without you even knowing about it.

Small Business Data: Providing Protection at All Levels

It is vital for every business, regardless of size, to take the necessary steps to protect their records and information, especially when it comes to discarding old or excess files and records. The forms of small business data that thieves are attracted to include invoices, receipts, copies of checks, personnel files, budget documents, and a wide range of other sensitive materials.

There are a number of good reasons for a company to have a solid and practical policy for dealing with their records and sensitive information. These include:

  • Developing and retaining customer trust
  • Using such practices as a competitive edge
  • Saving money in both the near and long-term
  • Avoiding the contingent liabilities and costs of a breach or data loss

The development and use of proper methods for protecting small business data provide these and other benefits. Let your employees and customers know you value their privacy and work hard to protect it and you’ll reap a number of benefits.

How do you protect your small business data?