July 9, 2020 Last updated July 9th, 2020 559 Reads share

The Importance of Securing Your Business Network

Image Credit: DepositPhotos

We are in a digitized era where the internet and advancements in technology are instrumental in ensuring business growth. With the plethora of start-up businesses emerging at every crack of dawn, gaining a competitive edge against business rivals is what it takes to stand out from the rest. And one way of doing so is by employing network security measures for the business.

What is Network Security?

Network security involves the incorporation of measures a business entity puts in place to ensure the safety of its data, computer hardware, software, applications, and other business processes.

As online consumers continue to grow, hackers are busy looking for devious ways of intercepting sensitive company information. With the current technological advancements happening across all sectors of the economy, these unscrupulous tech-savvy individuals use high-tech equipment to hack a company’s network. Due to these risks, entrepreneurs must invest in highly technical tools and software to keep their personal information safe.

Importance of Network Security in Businesses

Unfortunately, the internet has two sides of the same coin. It has a lot of perks to it, including the enhancement of digital marketing efforts, cloud computing, facilitation of remote business access, and many more. However, it also leaves the business vulnerable to external data interception. Thus, considering the latter, the importance of network security in the business environment can never be over-emphasized.

Without further ado, allow us to highlight why internet security is a must-have for all businesses, large and small.

Protects Client Data

It is not uncommon to hear several cases of credit card and identity theft. In the United States, these cases are on a steady increase, which is a major cause for concern.

A customer is the company’s most invaluable asset. As such, it is important to safeguard their sensitive information with all available resources. One slight security breach that exposes client data is enough to bring a company down. Apart from hefty fines from filed lawsuits, the company is at risk of losing both existing and potential clients.

Protects Shared Data

Data sharing is one of the business processes that facilitates the smooth running of a company. Sharing information manually is not only tedious but expensive, bulky, and time-consuming. Digitization allows businesses to store data in cloud storage where authorized employees gain remote accessibility.

With proper network security measures in place, this shared information is kept safe and away from the wrong hands. Considering some of this sensitive information includes employee data, marketing strategies, business plans, and the company’s financial records, it is only wise to put security measures in place to limit the accessibility of the files by unauthorized persons.

Ensures Safety of Computer Hardware

As stated earlier, businesses need internet access to thrive and stay competitive. That means spending countless hours on the internet browsing current business trends and ways of improving online visibility.

What most people do not realize is that the more time spent on the internet, the more vulnerable you get. The internet hosts viruses that can easily seep into your computer, destroying not only the business’s data but the hardware itself.

Network security is vital in this case as it creates a firewall that significantly minimizes the risk of viruses and Trojans.

Facilitates the Smooth Running of Business Processes

Security breaches are expensive, time-consuming, and devastating. They disrupt the day to day running of business processes. Damages from security hacks are sometimes irreversible. So, business owners should save themselves from the headaches and financial stresses of dealing with such avoidable circumstances by investing in effective network security measures.

Network Security Measures for Businesses

Now that you understand why network security is vital for businesses, it is only fair we highlight various ways companies can leverage network security.

Let us delve into specifics.

Use of Passwords

The use of passwords is a standard but important network security measure to employ in the business environment. A password helps keep unauthorized colleagues from tampering with your work as well as keeps hackers at bay.

For enhanced security, make sure the password is lengthy and has a combination of letters, numbers, and special characters, if possible. For enhanced complex, incorporate both lower and uppercase letters.

Antivirus Software

As the name suggests, this is a software that protects the computer from viruses. They are also used to scan and get rid of viruses, in case of exposure.

Firewalls

Firewalls block potentially harmful programs from gaining access to the computer hardware. They are effective at scrutinizing both inbound and outbound network traffic.

Conclusion

Technology is no longer a want but a basic need for companies that need to thrive and remain competitive. Network security indeed plays an integral role in safeguarding data and processes of any business. It enables a business to go about routine operations, allowing for efficient distribution of products and services.

To safeguard company data, use a combination of security measures. That way, you minimize the risks of costly security breaches. Indeed, this allows the company to thrive and soar high above competitors, which is the dream of all business owners.

DepositPhotos – business security

Bill Prusow

Bill Prusow

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