The hospitality industry has been hit with many high-profile data breaches over the last several years.
The attack vectors are more varied, with ransomware becoming a popular way to infiltrate computer systems.
No company is immune from a data incident, and no short-cut exists that will protect against cyber risks.
Turning to cyber insurance policies and other liability policies is indispensable as it helps hospitality owners improve cybersecurity and risk management within their organization.
Have insurance in place to provide coverage for breach response costs, address public relations concerns, and respond to potential regulatory investigations and consumer or shareholder litigation.