How much is your data worth? … AND do you protect it?

Why do you have a lock on your door?  Usually it’s to stop undesirables getting into your house and/or business whilst you are not there.  Sometimes a basic lock is not enough security and the consequences can be very unpleasant.

The criminal world is always working on ways to improve their access to your stuff and data.

Let me ask you about your Information Systems.  Do you have a password. Lock on all your computers – at home as well as at work?

Do you have a password on your phone, tablet or other equipment that holds data?  Do you have a robust Internet security system in place?  Do you have a Spam filter? How about a robust Antivirus?

The Data Protection Act calls for all third party data to be protected.  You could be fined tens, if not hundreds, of thousands of pounds for a breach “a penalty for knowingly or recklessly failing to comply with the data protection principles so as to create a substantial risk that damage or distress will be caused to any person”.    This could wipe your business out in itself!

Even if you don’t have a problem with the Data Protection Act; the value you will lose if someone can collect information about you and your contacts and use them for his own gain could be significant.

What if you lost your client list and contact details, how would you operate?  What if someone pretended to be you and took your company Intellectual Property?

If you lost all your data, could it ruin your whole business?

Typically, your data is worth your whole business. How much is your business worth and should you be putting more robust hi-tech and physical security in place?

Also you may also want to put a strict procedure in place for your team not to pass out client details without express permission or carry data around on an unsecured device, such as seems to happen a lot with data disks, laptops and data sticks by people working in the civil and military services.

If you want to find out ways to introduce robust systems to protect your data, call me on 07766 080770 or email

About Alex Petty

Blogger, runner, mentor
This entry was posted in Biz tip, Risk Management. Bookmark the permalink.

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