Business Insights

Cyber risk is ‘virtually’ everywhere

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Restaurants, like most businesses in New Zealand, have become dependent on technology in all sorts of ways. From online reservation apps to Bluetooth credit card transactions and cloudbased bookkeeping to digital supplier processing; all of these interactions represent potential exposures to cyber attacks.

Sophisticated and devastating attacks can happen to businesses just like yours:

  • A major fast food chain experienced unauthorised access to their point of sale system when a hacker obtained their service provider’s credentials (username and password). This allowed the hacker to gain access to the POS with over 1,000 restaurants impacted.

Ways to manage your cyber risk

Protecting your business with good physical and digital security is the first step, the next step is to ensure you are covered in case there is a break in, either physically or digitally. As Restaurant Association’s insurance partner, Crombie Lockwood can help you get cyber insurance sorted.

Our CyberSafe, insurance policy covers for losses after a cyber-attack, while also providing access to much needed expertise to help get you back on track, including:

  • Forensic analysis to determine the source of the breach
  • Restoration of your network
  • PR and advertising services to minimise reputational damage
  • Legal advice regarding liability for data loss

Getting your cyber insurance sorted

Talk to your local Restaurant Association membership manager or call 0800 276 624 to talk with a broker about how our CyberSAFE and the other suite of insurance policies that may fit your specific needs and circumstances.

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