Is security breach insurance required for a Floyds 99 franchise, and if so, where must it be obtained?

According to the 2025 Floyds 99 Franchise Disclosure Document, franchisees are required to obtain security breach insurance. Specifically, franchisees must purchase, install, and implement computer data security hardware and software, firewall protection, and security breach insurance.

This insurance must be acquired through Floyds 99's designated or approved supplier. This requirement ensures that the franchisee's data security measures align with the franchisor's standards and specifications, which include using Floyds 99's designated credit card processing service and complying with PCI Security Standards.

It is important for prospective franchisees to understand that failing to comply with these data security and insurance requirements could result in a breach of the franchise agreement. Additionally, franchisees are responsible for protecting customer data from cyberattacks and must notify Floyds 99 immediately of any actual or suspected data breach.