{"id":100342,"date":"2016-12-13T05:41:29","date_gmt":"2016-12-13T10:41:29","guid":{"rendered":"https:\/\/sjcivil.com\/?p=100342"},"modified":"2024-03-27T02:03:02","modified_gmt":"2024-03-27T06:03:02","slug":"embezzlement-password-protection","status":"publish","type":"post","link":"https:\/\/sjcivil.com\/embezzlement-password-protection\/","title":{"rendered":"Embezzlement:\u00a0Password Protection"},"content":{"rendered":"

Executive Summary:\u00a0\u00a0<\/strong>Protecting your company passwords is like protecting any other asset.\u00a0 Protect them or risk losing confidential information and\/or thousands of dollars.<\/p>\n

What is embezzlement?<\/strong>\u00a0 This subject is one that should primarily concern company owners, but also employees.<\/p>\n

Embezzlement is a crime punishable by jail time and\/or fine depending on the state; it is the stealing of funds or property by a trusted protector of these assets.<\/p>\n

In construction companies, we hold an abundance of data.\u00a0 Some of these data include plans and specifications, proprietary or confidential property information, and banking and travel information.\u00a0 The assets vary by size depending on the construction company, but can be large in value.<\/p>\n

If someone steals the site plan to the local church, that may not be a big deal.\u00a0 But stealing Government files or the P&ID drawings to an ethanol plant may get you in hot water.<\/p>\n

Password protection.\u00a0\u00a0<\/strong>We all have a list of passwords which permits access to our perianal or company accounts:\u00a0 bank, credit card, utility, rental car, airplane, office supplies, fuel, and online shopping.<\/p>\n

There are several ways to protect these passwords.\u00a0 Here are some handy suggestions\u00a0for you to consider:<\/p>\n

    \n
  1. Apps like\u00a0LastPass<\/a>\u00a0or\u00a01Password<\/a>\u00a0can keep track of your passwords across all of your devices, mobile and desktop. This will make it easy to remember even the most complicated of passwords.<\/li>\n
  2. If any of your apps or services allow for\u00a02FA<\/a>\u00a0(two-factor authentication<\/a>\u00a0\u2013 most do), enable it! 2FA is where a second device is used to verify that it\u2019s indeed you that is logging in. So for instance, when you log into your Gmail, along with your password, it will also require a text or code that you\u2019ve setup via your mobile device.<\/li>\n
  3. Services (often free) like\u00a0Haveibeenpwned.com<\/a>\u00a0track and will give you heads up about companies and services that have been breached. If they detect your email address among the stolen information, they\u2019ll let you know so you can take necessary measures.<\/li>\n
  4. Keep those passwords complicated, but easy to remember. I know that sounds like an oxymoron, but by developing a pattern for your passwords, you can easily remember longer & more difficult\u00a0passwords. The longer the password, the better and don\u2019t forget to use uppercase, lowercase, numbers, and special characters like !@#$%^&*().<\/li>\n<\/ol>\n

    Overall, it\u2019s good to change your password frequently. Every six months is good, or whenever you hear of some hack or password breach on the news\u2026 which ever comes first. (Probably the report of a hack on the news). That\u2019s a good way to remember when to change your password, so you\u2019re not the next to be reported about!<\/p>\n

    Bonus advice:\u00a0 see your banker.\u00a0\u00a0<\/strong>Whether you have a small, medium, or large company, there\u2019ll come a time when your banker pulls you aside and suggests that you take active measures to prevent embezzlement.\u00a0 They share this with you because they have seen other companies become victims of their own employees.\u00a0 Talking to your banker about how to protect cash and other assets is a free consultation.\u00a0 Do it!<\/p>\n

    The story.<\/strong>\u00a0 I have more than one of these stories unfortunately, but the first one involved an employee who had access to my airline account.\u00a0 She was responsible for setting up my flights across the country.\u00a0 One day I went in to make a change to my flight, and there was a flight purchased to San Diego.\u00a0 It wasn\u2019t my flight; she had bought herself a ticket without my permission.\u00a0 A couple hundred dollars was not the scary thing \u2013 it was that she also cut company checks.<\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

    Executive Summary:\u00a0\u00a0Protecting your company passwords is like protecting any other asset.\u00a0 Protect them or risk losing confidential information and\/or thousands of dollars. What is embezzlement?\u00a0 This subject is one that should primarily concern company owners, but also employees. Embezzlement is a crime punishable by jail time and\/or fine depending on the state; it is the […]<\/p>\n","protected":false},"author":3,"featured_media":104497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","iawp_total_views":0,"footnotes":""},"categories":[50,104,38],"tags":[105,106,107,108],"yoast_head":"\nEmbezzlement:\u00a0Password Protection - SJ Construction Consulting<\/title>\n<meta name=\"description\" content=\"Explore safeguarding against embezzlement with robust password protection. 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