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Why Home Businesses Need Data Protection Plans

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Why Home Businesses Need Data Protection Plans

by David Zimmerman, CEO of LC Technology International 

A home-based business should still function in some ways like a bigger firm. They of course need to be agile and adaptable, but home businesses should still have some formalized planning and structure. One area of planning that’s sorely lacking for these types of companies is a plan on protecting data. In the 21st Century economy, data is often the most valuable asset. For example, a wedding photographer has tens of thousands of images to protect. An IT consultant working from home is entrusted with files and other content that must remain confidential. Regardless of the type of business involved, it’s vital to keep data safeguarded. If the information held by a home business is taken by hackers, held for ransom, or simply lost, then the entire company can quickly fall into ruin.

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