Executive Summary: Protecting your company passwords is like protecting any other asset. Protect them or risk losing confidential information and/or thousands of dollars.
What is embezzlement? 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 stealing of funds or property by a trusted protector of these assets.
In construction companies, we hold an abundance of data. Some of these data include plans and specifications, proprietary or confidential property information, and banking and travel information. The assets vary by size depending on the construction company, but can be large in value.
If someone steals the site plan to the local church, that may not be a big deal. But stealing Government files or the P&ID drawings to an ethanol plant may get you in hot water.
Password protection. We all have a list of passwords which permits access to our perianal or company accounts: bank, credit card, utility, rental car, airplane, office supplies, fuel, and online shopping.
There are several ways to protect these passwords. Here are some handy tools…