One of those is making sure both the identities of your business and your customers are safe from I.D. theft thieves.
If an identity theft thief is able to infiltrate your business, he or she could cause irrevocable damage to your company’s reputation. In the event that occurs, you could see your revenue stream come to an abrupt halt.
If your business has an exposed identity, you are flirting with danger, danger that can very easily snowball its way into angry customers and more.
With that in mind, are you putting some life back in protecting your identity?
Know the Danger Signs
In order to stop identity theft thieves from penetrating your business, there are a number of steps you must be taking.
- Recognize the danger – For starters, don’t think identity theft can’t happen to your business. As it turns out, many businesses are prime targets for I.D. theft thieves, especially smaller ones. Those smaller companies typically do not have all the bells and whistles in place to prevent a notable identity theft attack. As a result, they become prime targets for criminals. To not be cognizant of the danger is like leaving your front doors unlocked when you go to bed in the evening. No, most people do not do that in this day and age, so don’t be the business owner who leaves his or her business exposed to I.D. theft;
- Put a plan in motion – One of the best means with which to fight back against identity theft is by having a protection plan in place. For example, working with an I.D. theft protection provider allows you to give your online activities (and others involving finances) as much protection as possible. The question oftentimes becomes, how do I know which protection plan to go with? Along with asking around, do some online scouting to see which services get the highest ratings from folks who know them best. Whether you look to LifeLock reviews or another such provider, be sure to see which service best meets the needs of your brand. Once you decide on a service provider, make sure to protect not only your computers and online activities, but also other related financial activities. For example, you want to make sure that any company credit cards are secure and safe at all times. For instance, if one of your employees is tasked with wining and dining a prospective client, he or she may use the company credit card to pay for the meal etc. If for some reason the employee would misplace the card or someone got ahold of the I.D. numbers on the card, they could easily run up a sizable bill before you even knew what hit. By having a protection plan in place, you can be alerted immediately as to any suspicious activity involving the card;
- Don’t overlook your employees – Finally, as much as you want to (and should) trust your employees, workers committing I.D. theft against their employers is certainly not out of the question. As a result, you should never take for granted that such an event could happen to you. Make it clear from the day each and every employee is hired that you trust them, but any breach in that trust will result in notable consequences. Such consequences could include suspensions without pay, termination of one’s job, perhaps even criminal charges being filed.
With all you have on the line, making sure your business does all it can do to minimize the I.D. theft threat is important.
Keep in mind that even just one successful identity breach can change your business and its financial safety forever.
Be the business owner who takes identity theft and its threat seriously, lessening the odds you will be the next victim.
Just as importantly, in the event your business does suffer such a breach, make sure you act immediately to limit the damage. Such actions will give you a better opportunity to stem the tide of lost trust with your customers.
If identity theft was not on your radar before, it certainly should be moving forward.
Photo credit: BigStockPhoto.com
About the Author: Dave Thomas covers business topics on the web.