How To Effectively Budget for Your Businesses Security - PowerPoint PPT Presentation

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How To Effectively Budget for Your Businesses Security

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Keeping your business secure is paramount, no matter what you sell or what services you provide, and without effective security measures, you could be outing your entire business and employees at risk. However, budgeting for such measures isn’t always easy, and there are several factors to take into account, such as the following: – PowerPoint PPT presentation

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Title: How To Effectively Budget for Your Businesses Security


1
How To Effectively Budget for Your Businesses
Security
2
  • Keeping your business secure is paramount, no
    matter what you sell or what services you
    provide, and without effective security measures,
    you could be outing your entire business and
    employees at risk. However, budgeting for such
    measures isnt always easy, and there are several
    factors to take into account, such as the
    following
  • Decide whats essential for your business
  • From equipment, merchandise, personnel,
    intellectual property or data, decide whats most
    important to protect for your business. There
    will be certain things that your business cannot
    compromise on when it comes to security, and
    other things that may not be so essential.
    Prioritize security measures and dedicate most of
    your budget to those things most worth protecting.

3
  • Identify the potential security risks to your
    business
  • Along similar lines to the above point, there
    will be certain risks your business could be
    vulnerable to, and these will need to be
    protected above all else, such as
  • The reputation of your brand
  • Legal repercussions
  • Fines
  • Financial losses
  • Competitive advantage

4
  • Understanding the value of the risk will help you
    when determining how much of your budget to
    devote to certain security measures, and it may
    make sense to invest thousands of dollars
    protecting something, to prevent it from costing
    you a small fortune should you become the victim
    of a criminal attack.

5
  • Make sure every security aspect is covered
  • While you will need to prioritize certain
    security measures, theres no point dedicating
    your entire budget to just one measure, if it
    then leaves you vulnerable in other areas. For
    example, you could spend all your money on
    installing an access control system, but fail to
    install a security system for the entire
    building. While your access control system may
    prevent the wrong people from accessing the
    building, in the event that someone does manage
    to get past it, if security is weak inside the
    building, they may then be able to do as they
    please.

6
  • Think carefully about protecting your businesses
    physical assets, but also consider data,
    intellectual property and employees, too. The
    best security measures, are those that are
    well-rounded.
  • Begin with the basics
  • You could spend your entire budget on a
    high-tech, state-of-the-art security system, but
    fail to address the old and faulty locks on the
    main entrance. Begin with the basics by making
    sure that all entrances and exits are secure (you
    can ask a commercial locksmith to assist you with
    this), that your computer systems are equipped
    with anti-virus protection and have motion sensor
    lights around the perimeter of the building.

7
  • Once all basic security measures have been
    fulfilled, then you can start thinking about
    security cameras and monitoring services, for
    example.
  • Its not always easy to set up a security budget
    for your business, but it can be helpful to hire
    a security expert, such as a local, licensed
    locksmith to guide you through the measures that
    your particular business should be investing in.
    That way, you can be confident that youve done
    everything within your budget, to protect whats
    valuable to you.

8
  • Golden Locks Inc is a local licensed locksmith in
    Huntington Beach with years of experience and
    trained staff skilled in locksmith services for
    both residential and commercial clients. We also
    specialize in automotive lock repair services for
    cars, bikes and trucks and installation,
    servicing and repair of high quality security
    systems, access control systems and CCTV systems.
    If you are looking for a commercial locksmith in
    Anaheim, call us at (714) 841-0141.
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