CYBER LIABILITY; A Burger, an Order of Fries, and Your Credit Card Number

A Burger, an Order of Fries, and Your Credit Card Number

The link above goes to an article form RestaurantNews.com that can be very beneficial for any owner, partner, or officer to read and think about. This is becoming a huge topic in the Insurance industry and carriers are promoting Cyber Liability day in and day out. Electronic payment processing systems (credit card information) can be one of the most targeted and costly types of cyber risk. Most restaurants just are not as well protected as other industries when it comes to security via the web and other features that use an internet connection to process customer information. When it comes down to it, even your Facebook and twitter accounts have their vulnerabilities. If someone was to gain access to your accounts and retrieve customer information (an email address) you can be held responsible for the leak of that private information. The average business loss from a lost laptop, associated with the cost of data breach is almost $50,000. This coverage is very crucial in today's world of conducting business. if you are not on the web, if you are not accepting credit cards, if you are not apart of e-commerce then your business is not operating on all cylinders. protect yourself and your business and educate yourself on Cyber Liability.