Most startup businesses, as well as small ones, do not place a priority on secure technology infrastructure because they plan on improving security as the business expands. That mindset is dangerous for several reasons. The first reason is that startup and small businesses are viewed as easy targets by hackers and cyber criminals. Large businesses have the financial resources to keep servers and networks secured and well monitored. That makes the likelihood of detection higher for viruses, scams, and phishing emails. Most hackers will not risk getting caught by targeting large and established companies. Excellent security is essential from the very beginning for startups and smaller businesses. Make it a priority when planning expenses, drawing up business plans or approaching potential investors.
Another reason is to protect customer information, which protects the business from increased liability. Any personal information from customers, business information from vendors and suppliers, or employee information contained in the database is subject to exposure if the system is attacked. That places customers at risk, invades privacy, and means the business was not diligent in the responsibility of keeping that information confidential. Lawsuits, penalties from oversight agencies, and unfavorable publicity can ruin a business before it even gets off the ground.
Protecting the intellectual property of the business is yet another reason to take security seriously. Ideas for new product lines, research and development efforts, and any designs in the computer system can all be stolen or destroyed by one hacker, one virus, one scam, or one case of ransomware. The best way to have strong security for computers and devices is to outsource it to a third party. Companies that provide security and monitoring services have complete concentration on cyber security. Business owners and staff will have other tasks and duties that will cause distractions and divide attention. In addition to finding an experienced company to handle security, develop strict policies on data access, authorized devices for work use, and password protocols. Educate staff on how easily the business can be targeted via phishing emails and social media sites. Do not wait until an attack disrupts the business. Focus on security from day one for a stable foundation on which to build a business.