![]() ![]() Write each one down, along with an action you can take to reduce the risk, such as installing security cameras or encrypting credit card details and storing them offline. Look at where opportunities exist for criminal activity, such as a blind spot on the shop floor or leaving a till unattended. Invest a few hours in brainstorming all the ways a criminal could target you, such as a night time burglary or stealing credit card details from your website. ![]() If you’re opening a shop, storing stock in a warehouse or launching an e-commerce store, it’s worth taking time to think like a criminal. Introducing layers of security – both physical and digital – can make targeting your business less attractive. ![]() The trick is to make committing a crime against your business difficult and not worth the effort by criminals. That means your start-up can be back on its feet quickly. While adding layers of security to your new business won’t entirely eliminate the risk of crime, it can help remove some of the worry and minimise losses if a crime does occur. The good news is that protecting your business can be cost-effective, relatively easy to do and simple to integrate into your day-to-day start-up activities. 10 ways to help protect your business from crime Cybercrime, such as phishing, malware and processing fraudulent payments is as prevalent, with an estimated 3.9m incidents affecting small businesses each year according to the FSB. Small businesses aren’t just affected by physical crime. If your start-up is a victim of crime, the impact can be significant with the average cost of crime for an affected business in England and Wales averaging £14,360 over two years according to the FSB. According to the Home Office, one in five crimes (20%) in the UK is committed against businesses. It found that nearly half (49%) of all small businesses in England and Wales experienced at least one business crime in the previous two years.Ĭrimes that affect small businesses range from burglaries – such as a shop or warehouse break-in – to employee crimes such as fraud or theft. Small businesses can be especially vulnerable to crime, with 3.8m incidents of business crime – such as shoplifting and criminal damage – reported each year according to 2019 research by the Federation of Small Businesses (FSB). ![]()
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