You don’t need to look far to see the repercussions when a business fails to protect sensitive information. Data breaches and fraud are problems for businesses of every size, affecting over 25 percent of businesses with an average fraud loss of $38,000. That’s enough to push many small businesses into bankruptcy. To lower your risk and keep sensitive information safe, you need to be aware of essential security practices. 

Here are seven best practices to secure your customers’ and company’s information.