Construction Industry Faces Growing Cybersecurity Risks

  • 📰 DCN_Canada
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 74%

Technology News

CYBERSECURITY,CONSTRUCTION,RISKS

As the construction industry adopts more robotics and automated systems, cyber risks are increasing. Experts warn of vulnerabilities from ransomware, phishing scams, and data breaches, especially due to reliance on third-party vendors and interconnectedness of data across sites and headquarters. Hackers target valuable assets like architectural drawings, financial information, and intellectual property.

Yet as more enterprises embrace robotics and automated systems, that growth comes alongside increased risks.

“Analyzing third-party risks continues to be a growing factor for construction companies, especially as more organizations are relying heavily on these partnerships,”. “This reliance on third parties has created unique vulnerabilities, as the cybersecurity measures in place between a construction company and a third-party lack consistent protocol.

Developing a strong cyber security culture within the company, particularly when sharing data or emails with project partners, is often spoken of as the foundation of a cyber threat mitigation program. Brown goes further and suggests a couple of other strategies that every construction firm should adopt.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Growing Demand for Market Crash Protection Despite Post-Election RallyDespite a post-election rally driving U.S. stocks to record highs, demand for options protection against an equity market crash is increasing. The S&P 500 has reached an all-time high following Donald Trump's victory, yet indicators like the Nations TailDex Index and Cboe Skew suggest heightened caution due to potential risks such as inflation and trade disruptions.
Source: globebusiness - 🏆 31. / 66 Read more »