Skip to Main Content

Start Of Main Content

Security and cybersecurity tips for small businesses

From physical storefronts to from-home enterprises, it’s important to put safety guardrails in place to protect your small-business data and physical assets.

Security camera installed in officE

Large companies often have whole departments dedicated to maintaining both physical security and cybersecurity. But cybersecurity for small businesses? That might be just one more thing that the owner has to do — arranging alarms and cameras to guard against theft and purchasing software that helps to guard data, for example.

Especially when it comes to cybersecurity, breaches for solo enterprises or small companies can have disastrous effects. According to findings from the Federal Communications Commission, American small businesses annually lose an average of $79,841 because of cyber breach incidents.

Whether you’re running a coffee shop or working as an independent consultant, a small business security and cybersecurity plan can be tailored to protect your — and your customers’ — information and assets. Consider these security and cybersecurity tips to help keep your business safe for years to come.

Start with the basics

Any network for business use, be it at home or in a physical location, should require a strong password and authentication to deter data breaches. In addition, consider a security monitoring system; there are lots of installation options either by a company or with cameras and monitors you purchase yourself. Finally, make sure you’ve connected with your State Farm® agent about any business-specific policies that provide coverage for loss or liability.

Boost card reader safety

Whether you’re using a traditional credit card machine or a mobile reader, securing credit card data is essential. Maintain up-to-date software; those fixes often address security flaws. And if you haven’t already transitioned to an EMV-compliant device for reading chip cards, consider doing so for an added layer of protection.

Understand how thieves work

Cyber thieves and traditional thieves prey on small business owners in the same way: They pay attention and capture details they can use to their advantage. They may try unsolicited phone calls, phishing emails and physical misdirection. Be aware of their methods and invest in software-protection services, too.

Reassess, reassess, reassess

As your business changes, your security and cybersecurity needs will change, too. Set a time on your work calendar — either every six months or yearly, for example — to re-evaluate your assets (and policy coverage) and any threats to data.

The information in this article is for informational purposes only and is not legal advice.



Also Important

Credit Card, Debit Card & ATM Security

Credit Card, Debit Card & ATM Security

Do you know enough about credit card, debit card and ATM security? Here are a few tips to protect you from debit card fraud, credit card fraud and more.

How to Help Protect Yourself From Data Breaches

How to Help Protect Yourself From Data Breaches

Data breaches are becoming more common. Here's what you can do to help protect yourself and prevent a hack.

Related Articles

Tips to Protect Your Business From Robbery

Tips to Protect Your Business From Robbery

Learn about theft deterrents, how to prepare your staff, and how to alert authorities.

Is it Safe to Store Information in the Cloud?

Is it Safe to Store Information in the Cloud?

Cloud computing has unique cyber security risks. Read more about what the cloud is, cloud computing providers, safety of the cloud, and strong passwords.

4 Ways to Protect Your Business Property From Damage

4 Ways to Protect Your Business Property From Damage

Simple tips to tighten security and prevent electronic and water damage.