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Passing on passwords: Securing your firms legacy in the afterlife

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(1) Work out the value of your digital assets

Ensuring your business continuity in the event of your passing away is only possible if you have maintained an inventory for all digital assets. This covers everything which is electronically stored from email accounts, to paid-for domain addresses, social media accounts and internet banking.

The smaller the business, the simpler the process: larger companies who manage a large group of employees, suppliers, clients and vendors and a variety of technology have a more complex set of issues to face.

Cataloguing passwords and usernames for any online accounts, like those for paying bills, payroll, suppliers and vendors, even down to WiFi configurations is only effective if they are kept up to date. Consider using a password manager, such as LastPass, as a simple and secure option to keep track of these.

The resistance met when it comes to doing business digitally

(2) Social media passwords are more important than you might think

Its not always top of the agenda, but social media plays a fundamental role in communicating what your business is doing to the outside world. Keep in mind that if youve signed up to social accounts with your personal work email, it will be very difficult for other people to gain access if IT deletes it.

There is no continuity across different social platforms for after-death management except for Facebooks legacy contact feature and Googles Inactive Account Manager. Its vital that businesses build a recovery plan to suit their individual needs.

Continue on the next page for the remaining two steps to take for leaving digital security behind.

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