So much of your restaurant relies on your POS system. From managing revenue, tracking expenses, and even acting as a time clock in some cases, your POS has much of the information and functions that keep your business running smoothly. Unfortunately, any computer that your business uses is at risk of a cyberattack. These attacks can bring your business significant expenses and legal issues down the road, so it’s important to understand your business’s risk and make sure that you have the protection that you need.
“Cyberattacks can happen at any moment to anyone. Being protected with cyber liability insurance can be the difference between the end of your business or just a minor setback.”
Why Would Cyber Criminals Attack Your Restaurant’s POS?
Your restaurant’s POS contains lots of valuable data, like customers’ debit/credit card info, income reports, inventory data, employee information, and so much more. Criminals can use this information for a whole variety of nefarious purposes, but what’s important is that you make a plan to reduce your risk of a data breach, and that you have protection in place if one were to occur, so you are not responsible for all of the associated costs out-of-pocket
How Can I Protect My Restaurant’s POS Data?
There are a few simple practices that you can put into place to reduce the risk of a costly data breach for your business
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Make sure that all payment information is encrypted and uses cloud-based storage
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Keep the POS and office computer networks separate from customer WiFi
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Make sure that each employee using the POS has a secure password that isn’t shared
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Train staff against threats like phishing or other scams
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Only allow staff to access the data they need to perform their specific tasks
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Make sure your business is covered by cyber liability insurance
How Can Cyber Liability Insurance Protect My Restaurant?
If a cyber attack or a data breach were to occur, it’s important to have coverage. Without cyber liability insurance, your business could face hundreds of thousands of dollars in added costs. A cyber liability policy will help take care of:
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Costs to retrieve data that was lost or stolen
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Costs associated with business interruptions, like the inability to ring customers out or order supplies
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Costs to recover the customer’s information and notify them of the breach
Trust Strickler With Your Restaurant’s Cyber Liability & Other Insurance Needs
The cost of a data breach or a cyber attack on your restaurant is too great to ignore. Strickler Insurance can help Lebanon, PA restaurants protect against cyber attacks, and have the peace of mind needed to keep everyday operations smooth with a restaurant insurance policy. For a free restaurant insurance or cyber liability insurance quote, contact Stickler Insurance today.
