How Retailers Can Protect Customer Data (and Stay Insurable)
How Retailers Can Protect Customer Data (and Stay Insurable)
Retailers are digital gold mines for hackers — with customer payment info, email addresses, and loyalty data ripe for the picking. Here’s how smart retailers stay protected and insurable.
🔐 5 Retail Cybersecurity Must-Haves:
Point-of-sale encryption – Encrypt card data the second it’s swiped.
MFA (Multi-Factor Authentication) – Make it harder for attackers to access your systems.
Regular software updates – Keep everything patched to avoid known vulnerabilities.
Vendor vetting – Ensure your payment and tech providers follow strict security protocols.
Employee training – A single phishing click can be the start of a breach.
📋 Cyber Tip:
Create a breach response plan and make sure everyone knows their role.
💡 Bonus: Strong cyber practices can help you qualify for better rates with your insurance carrier.
