Protecting Restaurant Payment Systems from Data Breaches

Every day, thousands of electronic transactions take place in the restaurant industry. Because of this, hackers have targeted these same transaction systems used in order to steal customer and business information. Recently, Chipotle Mexican Grill had fallen victim to such attacks, resulting in credit card information stolen from hundreds of thousands of customers.

Both large-chain and small-run restaurants are prone to these types of threats. Restaurants that are operated by a small team may not have the finances to acquire the costly technology for cyber security. However, even the big chain restaurants who have top of the line equipment are susceptible to data breaches and are often more targeted. That’s why having a great and affordable insurance policy is key for protection when even technology cannot save you—contact H&K Insurance today!

Taking Measures Against Data Breaches

With data breaches being a looming threat over the restaurant industry, it is important to take action to help prevent them. Although unavoidable, you can decrease the likelihood of a data breach by practicing the following safety measures:

1. Data Management: Knowing who has access to the data ensures better safety. You can limit data access to your most trusted employees, especially if there is remote access. Knowing where the data is kept at all times is also important to note. Training your employees on how to protect information may also be necessary.
2. PCI Compliance: Make sure that your payment methods are up to the Payment Card Industry These methods include: installing the proper firewalls, using credit card encryption after a payment, and regularly testing your network and systems for any flaws.
3. Up to Date Software: With technology changing constantly it is important to keep your systems up to date. Older software and POS systems are susceptible to cyber-attacks because it is easier for hackers to get into basic software and programs. Staying up to date with security will lower the likelihood of a data breach in your restaurant.

Massachusetts’ Laws for Data Breaches

When it comes to businesses having to protect their client’s data from data breaches, Massachusetts has some of the most comprehensive laws to date. Implemented in 2010, the law requires people to develop and maintain a comprehensive information security program that contains administrative, technical, and physical safeguards. Also, needed for the secure system is secure user authentication, secure access control, up-to-date firewall and anti-viral programs, as well as proper training and education for staff.

What Happens When You Experience a Data Breach?

If you are unfortunate enough to experience a data breach at your restaurant, what do you do? If you are aware that data has been stolen from your business and when it occurred, you should immediately notify any customer that may have been targeted to check their accounts for any unauthorized activity. When this happens, most restaurants will have to help the patron by purchasing identity fraud protection: This can cost anywhere from $200-$250.

By managing your data systems, keeping security up to date and in compliance with PCI standards, you can lower the likelihood of a data breach at your restaurant. If you want to keep your restaurant protected from these instances, contact H&K Insurance today!