The majority of your transactions and interactions with clients are typically electronic and digital. A data breach of your point of sale system could be a goldmine to a hacker revealing the personal data and credit information of your cherished client base.
What is Cyber Liability Coverage?
Cyber Liability coverage helps pay the expense associated with a data breach or cyber-attack on your business.
Are you covered?
Most insurance policies exclude Cyber Liability, but Guild Insurance has you covered. Hospitality is unique in the fact that the majority of payments are made in the form of credit cards or other e-payments. Customer data is stored within reservation making databases and in point of sale systems. Don’t leave this exposure uncovered.
Why Cyber Liability Coverage?
You mistakenly fell for a phishing email, which subsequently gave control of your laptop to a hacker who is demanding an e-ransom. A rogue employee downloaded and distributed customer personal data. Your new reservation app was breached and exposed the data of your entire client database. Unfortunately, these incidents are becoming more common (and more expensive to mitigate). Make sure your insurance policy includes cyber liability coverage.
You can’t believe it. You fell for an email phishing scam that granted a scammer access to your point of sale data. You are confident that nothing was stolen or compromised because you were quickly able to reset your password. Out of caution, you contacted your insurance company advising them of the breach. The company quickly sprang to action to confirm no data was stolen, but as a precaution contacted the exposed parties and offered Credit Monitoring for 12-months. Fortunately, your cyber insurance policy covered this expense.
True Story—We’ve been around since 1946. We’ve seen a lot.
How to Begin
Complete our easy online quote form and sit back and relax; Guild Insurance handles the rest. Our professional agents will submit your business to our top-rated carriers and contact you once the quote is received.
Our Other Coverages
You’ve invested a lifetime of passion in your business; You need an insurance policy that will protect it. Guild Insurance offers insurance policies that meet each unique challenge the hospitality industry presents.