Ken Reinig, speaker and health club insurance expert, urges club owners to get cyber liability insurance protection for their clubs since only one cyber liability claim can destroy a club that’s not protected.
Lakewood, Co: December 15, 2016– Ken Reinig, well-known risk management specialist, posted a new blog on his website entitled “Protect Your Gym from Creepy Crawly Cyber-Criminals.” Mr Reinig is definitely not referring to hiring a pest service in his latest blog.
Reinig writes, “You have done everything you can to make your gym a safe place for members and employees. You think you have all the protection you need.” He continues adding, “You feel good. You feel satisfied. Then, out of nowhere something or someone you can’t even see clobbers you and brings you and your club to your knees.”
As Reinig elaborates, “That’s how cyber-criminals work. They work in ways that are difficult and sometimes impossible to see. They work by hacking into computer systems. Sometimes it’s your system; sometimes it’s the system of someone you work with. Sometimes they are attempting to steal important information that allows them to steal a person’s identity.” He emphasizes, “This is why I urge club owners to get cyber liability insurance coverage. In this day and age, it’s an absolute must have.”
Reinig provides an example. He writes, “Let’s say a Trojan horse attacks your billing company and you are unable to collect dues. In the meantime, your cash flow stops and you need to hire experts to find the bug, fix it, and work with your bank’s Internet processing until the problem is fixed.” According to Reinig, “You would be in a position to have to operate your club anywhere from 40-60 days without your billing check.” He adds, “Ask yourself if you could survive that. Many clubs cannot afford to pay their bills without the cash flow of their billing check even for a couple of weeks.”
The entire blog can be read at https://theinsuranceguy.com/protect-your-gym-from-creepy-crawly-cyber-criminals/
Learn more about Ken Reinig at theinsuranceguy.com
About Ken Reinig:
The fitness industry’s leading risk management specialist, Ken is the past president and founder of Association Insurance Group and has been insuring health clubs, instructors, and personal trainers for over 20 years.