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5 Ways to Keep Your Business Data Safe from Competitors

By 

Maulik Kotak

business data safe from competitors

Are you planning to start a new business? There are a few details you will need to take care of in advance. These will help secure your business before you open your doors to the public. One of the biggest things you will need to do is to protect your business data. Here are some handy tips that will help you do so.

1. Perform a Bug Sweep of Your System

One of the biggest hazards you will have to face is the growing prevalence of This is a practice that is, in most cases, not illegal. It's also very hard to prove. Certain tell-tale signs will alert you this is happening. Data that you hold as private will suddenly be used by a rival in your industry.

The best way to stop this from happening is to make sure that your physical office and online system are fully secured. You can do this by performing a regular TSCM bug sweep. This will give you a head's up in case any kind of corporate espionage is taking place. It will allow you to spot and remove the problem and then take defensive measures.

2. Get Your Info Stored on the Cloud

The next move you will need to make is to move your data to the cloud. Storage in this medium is the best way to keep your data in a safe and convenient location. You can take measures to keep it as secure as possible. This will include making up passwords that you can keep to yourself or share with a very few others.

Storing your data in the cloud is the best way to keep it fully secured. It's also the best way to access it from a convenient location. You can link to the cloud from any PC, laptop, tablet, or cell phone. You can do so from your office or a deck chair on a cruise ship. The cloud is available on a 24/7 basis.

3. Make Sure Your Data is Safely Encrypted

One of the most important things you can do to protect your business data is to make sure to encrypt it. This will be much easier to do with the help of cloud management. Once your data is in a safe location, you can take the step of making it extra secure. This will keep it safe from prying eyes. Even the people who access it will do so only on a "need to know" basis.

This is by far the best way to keep your data restricted to the people whom you authorize to deal with it. Of course, the most sensitive and private areas will be for your eyes only. These are the details that you need to work hardest of all to keep your rivals from seeing. Protect these and you secure your business.

4. Sign NDA and "No Poaching" Agreements

All of the people who work for you need to sign a nondisclosure agreement (NDA). This will keep them from sharing info with your rivals in the industry if they should leave you. You should also have them sign a "no-poaching" agreement. This will keep them from hiring any of your best workers for their own company.

5. Encrypt All of Your Customer Info

You need to make it a point to keep your website and checkout process completely secure. People want to see the "HTTPS" prefix or the secured padlock icon in your address. This will let them know that you are serious about protecting their customer info.

It's a very good idea to use a secured merchant account. This will be the very best way to handle all of the sales that you make from your site. People will feel much safer when doing business with you.

It's Time to Tighten Up Your Security

There is no time like the present to tighten up all of your physical and virtual security measures. If you have a brick-and-mortar store, you want the premises to be safe from bugs. If you operate on the web, you want your data to be safe from spies. A new breed of security tactics is available to keep you safe.

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