As more woodworking businesses turn to digital tools to manage daily operations, the risk of cybercrime is becoming a growing concern. From managing stock and customer orders to accounting and payroll, going digital brings convenience but also vulnerability.
That is why commercial insurer NFU Mutual is calling on small and medium-sized enterprises (SMEs) in the woodworking sector to take simple, cost-effective steps to protect themselves against cyber threats. Their advice comes in light of the Intuit QuickBooks Small Business Index Report, which revealed that 95% of small businesses now rely on digital tools.
For woodworking businesses, this could mean anything from maintaining a website and using online accounting platforms, to handling customer or employee information through digital storage and processing payments online. While this connectivity boosts efficiency, it also opens doors for cyber criminals, regardless of the size of the business.
What’s at Risk?
Woodworking businesses may not seem like obvious cyber targets, but NFU Mutual has highlighted the following digital technology that would put businesses at risk:
To help protect your small businesses, NFU Mutual recommends the following 10 steps:
With more than 5.6 million SMEs contributing over £2.6 trillion to the UK economy, NFU Mutual’s message is clear: no matter your size, digital protection is essential. For woodworking professionals embracing digital tools, these simple precautions can help ensure your business remains secure while continuing to thrive.
NFU Mutual will also be attending the upcoming BWF Members’ Day, where they will present further insights on how woodworking businesses can navigate and safeguard their operations in the digital era. Attendees can expect expert advice and the opportunity to learn how to build a resilient digital strategy tailored to the unique needs of their business.