3 Tips on Protecting Your Business the Right Way

Many people think their business is too small to worry about protecting it, but this couldn’t be further from the truth. Protecting your business should always be a top priority regardless of its size because if you don’t, you could end up losing everything! 

To avoid this fate, here are three tips on how to protect your business the right way:

Ensure Your eCommerce Website is Secure 

With a constantly evolving threat landscape, it’s essential to make sure your website is secure. First, hire a custom ecommerce web design company to create the best website. Secondly, businesses need to be aware of their security measures and have an action plan before online threats hit the shelves. 

Make sure that any pages where you’re collecting sensitive data, like credit card information or login credentials, are using SSL certificates. Implement security best practices. Security should be top of mind when developing a website from the beginning and your developers need to build with security in mind.

Make sure your users use strong and unique passwords for each account they have on your site, even if you’re not asking for sensitive information like credit card numbers or login credentials to a business tool. You can help enforce this by requiring MFA (multi-factor authentication) for high-risk accounts.

Apply for Patents and Copyrights 

A patent or copyright gives a business exclusive rights to an invention, process (such as software), literary work/musical composition, film, and other creative works. The United States Patent Office issues a patent for 20 years from the filing date of application on new inventions resulting from research and development efforts, including pharmaceutical drugs and computer programs. 

Patents are granted to protect the rights of inventors. Copyright is issued by the Copyright Office for 70 years after an author’s death on literary and artistic works such as books, movies, music, etc. Copyrights are usually registered at birth but can be renewed later or transferred to a third party.

When deciding what kinds of patents or copyrights to apply for, there are pros and cons. For example, if the business needs a patent or copyright on an invention, it should consult with a registered patent attorney to help them complete the application process efficiently. 

On the other hand, if they need protection on software code, then consulting with an experienced technology law firm is advised as they may be able to help the business save significant time and money.

Impose NDAs on Employees

Employees have access to sensitive company information and need to be wary of what they say outside the office. It’s essential for your business that employees not share trade secrets, client lists, or other proprietary data with competitors or potential bidders on a sale. 

To make sure this doesn’t happen, you must implement an NDA. There are many different types of NDAs, so it’s essential to choose the right one for your business.

Businesses that use protection can feel more secure, not only because they have someone to turn to in a tough time but also since it will be easier for them to move forward if the need arises. Use the above tips to remain on top of your security!