Why Extended Video Surveillance Retention is Essential for Fraud Protection

We all know that fraudulent claims and security threats are serious threats to our businesses. How can we protect ourselves against them? The answer is simple: Retain surveillance footage for more than 30 days. Most business owners can overlook this simple but extremely powerful risk management tool, but having extended video storage can fill all the gaps when disputes arise.  

Stop Fraud Before It Costs You 

Suppose your customer claims that they slipped on a wet floor – but you’re not sure if it happened. Without video evidence, it’s your word against theirs.  

Fraudulent claims are costly, resulting in unnecessary payouts and higher insurance premiums. Protecting your surveillance footage for a longer while ensures you have all the proof you need to defend against fake accusations. 

Strengthens Security & Crime Prevention 

Having a security camera on its own can deter criminal activity, but keeping a hold on your records can take it a step further. If the accident isn’t discovered immediately, older footage can still provide valuable evidence to identify suspects, resolve employee disputes, or even support law enforcement investigations, making you a proud citizen! 

Identify Risks Before They Become Bigger Problems 

As a business owner, it is crucial for you to monitor workplace incidents closely. Surveillance cameras can help you spot and analyze trends such as workplace behavior and safety hazards and even improve overall security protocols. Your records will help you look back and identify any such issues at the right time before it’s too late.  

What Next? 

You are the best judge of your business and daily activities. Does 30 days seem to be enough for you?  If not, extending your video retention from 30 days to 60 or even 90 would provide you extra peace of mind, knowing you have evidence stored over a long period.  

However, keep in mind to store this in a hard drive that you can trust. There’s no point in holding onto videos if you end up losing them. Consider using Cloud-based systems for effective storage.  

Your first and last step both, is to not just store videos, but review them on a regular basis. This will help you identify patterns and prevent any future claims.  

It’s time you stay ahead of the risks, instead of fighting unwanted claims at the end. A good risk management strategy always keeps you ahead of the game, and storing video surveillance is just part of it.  

We wish you good luck in a world where risks just keep evolving!