Posts Tagged ‘cyber’
Responding to Hotel Data Breaches
Data breaches are at an all time high, up 45 percent from 2016, and hotels are a prime target. Accommodations, which includes hotels and restaurants, top the list for point-of-sale cyber breaches with the average cost of investigations being $735,000, increasing in cost based on the size of the company. Hotel owners and managers need to be…
Read MoreIn the News: HEI Hotels Data Breach
According to Verizon’s 2016 Data Breach Investigations Report, the “Accommodations” industry topped the lists of number of security incidents and number of confirmed breaches with compromised data. One of the most recent victims was HEI Hotels & Resorts, an owner and manager of more than 50 high end hotel properties around the US. Franchisees are…
Read MoreMaximizing Hotel Business Interruption Insurance
An important part of a robust disaster plan for hotels and resorts is business interruption insurance. This coverage is essential in covering the loss of income suffered by a business after a disaster. Hotel business interruption insurance provides funds to make up the difference between the operation’s normal income and its income during and immediately…
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