International Door & Operator Industry

JAN-FEB 2018

Garage door industry magazine for garage door dealers, garage door manufacturers, garage door distributors, garage door installers, loading docks, garage door operators and openers, gates, and tools for the door industry.

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1 KSMX WPS-1 D-2-3 Buy the best commercial and residential controls direct from the manufacturer VEE INDUSTRIES, INC. Custom Controls Available CALL 800-327-3332 Since 1969 our goal has been excellent customer service with personal attention to your order 2 BXL 3 BXL 7G4 PBS 3 MANUFACTURED IN BOYNTON BEACH, FL Email: sales@veeindustries.com www.veeindustries.com Brian J. Schoolman is an attorney with Safran Law Offices in Raleigh, NC. Safran Law Offices has focused on the Construction Industry for more than thirty years, and is proud to have worked with and supported IDA from its inception more than two decades ago. For more information, please contact Brian at bschoolman@ safranlaw.com, or visit us at www.safranlaw.com. they be accessed and duplicated only through the use of a password? Even if access is secured, would you be able to determine who was downloading the information? Finally, are your technicians and managers subject to covenants not to compete, such that they would be legally prohibited from taking and making use of your business information if a competitor tried to hire them away? • Internet identity: Many IDA members are constantly forced to repel competitors or cybersquatters who attempt to use similar names, or even the same business name, to confuse customers. Just as you perform audits of your financial data, and inventory your physical assets, IDA members should periodically consider a cybersecurity audit to determine what risks they are facing when it comes to their Internet profiles. Additionally, getting relief from such attackers may require paying significant amounts to lawyers or other professionals, who can protect your copyrights and trademarks against out-of-state or even international infringers. • Hacking: Any financial information or communications that your business manages electronically is subject to attack. Dealers need to be vigilant in reviewing their security protocols for preserving e-mails, websites, payment information, and the like. Keeping software up to date, and installing firewalls is the minimum. Far more importantly, employers need to train their employees how to spot and avoid phishing and other types of human-error hacking risks. Even small businesses can suffer catastrophic losses as a result of such cyber-attacks. Conclusion Reviewing paperwork and policies doesn't have to be an every-year thing, but it has to be something that every business does from time to time. The lessons to be learned from other businesses' misfortune are far less expensive than if the bad results hit your company. Take the time, and bear the expense, to call your lawyer, your accountant, your insurance agent, and your security consultant. Those ounces of prevention are worth the cost. LEGAL&LEGISLATION Continued from page 12 "...train employees how to spot and avoid phishing and other types of human-error hacking risks."

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