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As reported in the Denver Post last year, crime rates in Colorado are on the rise, and it is increasingly important to protect your business from the growing risks of blue and white collar crime.

Fortunately, there are a lot of approaches you can take to protect your business from the threat of crime, and it doesn’t have to mean CIA-worthy security systems! Simply being aware of potential threats and putting policies into place can be as important as any high-tech gadgets.

Here are a few key tips on protecting your business from the threat of criminal activity.

Conduct a risk assessment

Performing an audit of your business setup and assessing the risks associated with the type of company you operate is an effective way to protect yourself from crime.

Each business has different risks, and by identifying what these are, you will be in a better position to cope should something happen. If you’re unsure how to start, consider using these five steps to risk assessment, but within the context of security.

Risk assessments need a bit of lateral thinking to really consider all the potential threats your business can face - consider your premises, the type of business you own, your staff, customers, and the local neighborhood.

Put together effective staff policies

Making sure your staff know where they stand is important for a number of reasons. Firstly, it’s absolutely critical that your employees know what to do in the event of a crime, both to ensure their own safety, and the interests of your business.

Secondly, staff should also understand the repercussions of crime against their employer. Laying out a clear policy is a good way to ensure that staff understand what’s expected of them, and a good policy should clearly lay out a set of consistent regulations and standards.

Get the right security systems in place

Depending on the size and scale of your business, as well as how long you’ve been around, you probably already have some sort of security system in place. Whether you’re starting afresh, or looking to update your current equipment, it’s important to get the right tools for the job.

A good security system should have three clear functions. Firstly, it should protect your staff, stock, and capital from any criminal activities (such as break ins). Secondly, your security should capture criminals so they can be caught and prosecuted, and finally, a good security system should act as a deterrent to any opportunistic criminals looking for an easy opening.

Update and upgrade!

Unfortunately, as your business grows and times change, new criminal threats will emerge. It is important, therefore, to not rest on your laurels and get complacent about a security setup that may have worked in the past.

Make sure you conduct regular risk assessments and audits of your policies and security systems to ensure you are up-to-date. Protecting your business from crime is about anticipating threats, and putting the protocols in place to prevent them. Good luck!

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