The Biggest Security Risk You Might Be Missing

Hi reader,

Last week, we started talking about the importance of data security for your business. Today, we're we're zeroing in on a simple but often overlooked security measure: your passwords.

Today’s must-read advice

Implement a strict password policy in your business. 

This means no sharing passwords with anyone –  not your intern, not your virtual assistant, not even your closest colleague. Every single person needs their own unique login to every system. Don't reuse passwords across platforms, and NEVER mix personal and business logins.

Here’s how this will benefit you

1- You'll avoid the massive financial hit of a data breach.

Data breaches can cost businesses millions. You'll be on the hook for everything from legal fees and credit monitoring services to lost revenue and damage control. A strong password policy is your first line of defense against these devastating costs.

2-You'll eliminate time wasted on account lockouts and password resets.

Every minute spent dealing with password problems is a minute lost to revenue-generating activities. A strict password policy minimizes those disruptions, allowing your team to operate at peak productivity and maximizing your business's potential.

Your next step

Try out one of the many password management tools out there.

There are tons of great tools out there to help you manage passwords and enforce strong security practices. Personally, I use 1Password for secure password sharing, and I always recommend Cloudflare to business owners for an added layer of protection.

Find what works best for you and implement it as soon as possible!

If you need any help or other recommendations, just hit “reply” and let me know. 

Best,

Jono