Like many businesses, Soteria got its start as a three-man team working out of a spare bedroom in an apartment. Our story isn’t unique; many businesses understand what it is like getting a company off the ground with a skeleton crew. In the early stages of starting a business, it is understandable why businesses forego posh office spaces. However, at this “skeleton phase” of starting a company, there is one aspect of running a business that should not be sacrificed: security.

There is a common misconception that security is only reserved for businesses that have significant revenue and extensive customer data. However, small startups have equally critical data and resources to protect, and high employee turnover is reason enough to make security a key priority. Failure to implement a startup security program that guards your firm’s money, intellectual property, employee information, and client information can wreak havoc on a business as small and fragile as an early-stage startup.

Startup Security Tips: To protect your startup from its inception, Soteria has outlined three low-cost, high-impact security measures every new business should take:

Set up business email accounts: Using personal email for business is a common mistake made by many small businesses. In the event a member of a startup leaves a company, it will be difficult to revoke their access to your company data if they were allowed to use a personal email address for business purposes.

Store data in a cloud sharing platform designated for the business:Store all work in cloud-based platforms designed for business use only and segment the data as appropriate. Organize your data in a way that allows you to grant access based on work roles. For example, your marketing crew may likely not need access to your financial statements. By segmenting company information appropriately, it will be easy to add or revoke access to the system as employees inevitably come and go from your business.

Use password management software for keeping track of your login credentials for your sites: Password management tools make it easy for startups to generate secure passwords for their accounts, store them in one place, and share passwords to your company accounts as needed. You can easily add or revoke access to account passwords as needed. Just remember to also change passwords when you revoke access! Revoking access to a password an employee already knows doesn’t do any good.