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laptop at home for business setupAs more and more people make the jump from a corporate office setting to one of a home-based business, it is important to understand the risks to data security in this working situation. Here are four tips all designed to keep your home business safe:

Complex Passwords

The biggest threat to the security of any home business is the risk of digital hacking through the company's web enterprises. As technology has continued to emerge at a breakneck speed, the abilities of hackers to retrieve information has also become more adept. Because of that, it is more important than ever to use complex passwords in an effort to protect your internet privacy and the security of your business records. It is vital not to relax your use of complex passwords and to think outside the box when creating passwords that cannot be compromised.

Virtual Credit Cards

Heralded as one of the most secure ways to protect your money, the biggest benefit of virtual credit cards is fraud reduction. Because the payment controls can lock in maximum credit limits for each transaction, virtual credit cards reduce the risk of fraudulent crimes such as hacking. In addition, this form of payment provides expedited processing and more detailed transaction data.

Use Caution With Public Wi-Fi

Although the proliferation of free public Wi-Fi may be tempting for small home business owners to use when working remotely, security experts advise being wary of these services. Your protected business data can be easily compromised when using a public Wi-Fi service, and thus it is recommended to use a Virtual Private Network (VPN) when working remotely so that you can access company data without fear of putting it at risk.

Back Up Data

Without the safety net of a corporate IT department to fall back on, it is especially vital to be diligent about backing up all of the data of your home business. This practice will ensure that your information is protected against computer crashes, electrical surges, and more. There is a myriad of convenient and cost-effective backup services on the market today, all designed to help small business owners protect their data.

With a little research, planning, and commitment to follow-through, small home business owners can feel confident in their abilities to protect the sensitive data of their company. Because technology continues to change rapidly, it is vital that business owners change their security practices to match.

Here’s an article on cyber security we think would be relevant to your interests! Not only that, but if your business is curious about Cyber Insurance or any other insurance, make sure to see how we can help!

Posted 10:33 PM

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