Canada's Biggest Real Estate Companies Lack Proper Cybersecurity

For every new technology designed to simplify lives, there’s a potential risk or ramification.new research

A survey of 17 of Canada’s biggest publicly traded and privately owned real estate organizations, representing more than $160B in real estate assets, revealed the staggering figure — 78% of these companies don’t proactively monitor their operational-technology network or devices for cybersecurity threats or vulnerabilities.

“Smart or intelligent building technology is commonplace in the industry today and holds many benefits, but it also comes with risks that could result in significant health and safety issues,” says Tom Rothfischer, Partner and National Industry Leader for KPMG in Canada’s Building, Construction, and Real Estate practice. “It is critical that these measures are built into their systems right up front.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

In Uncertain Times, Vancouver Island's Real Estate Market Serves StabilityIt's hard to know when to sell and when to buy in British Columbia's real estate market, but that's a bit easier over on Vancouver Island.
Source: storeyspub - 🏆 16. / 74 Read more »

How Sellers Should Approach The Current Vancouver Real Estate MarketKevin O'Toole, a Vancouver-based Managing Broker at Sotheby's International Realty, has guidance for sellers in the current market.
Source: storeyspub - 🏆 16. / 74 Read more »

Edmonton real estate market slows further in November - Edmonton | Globalnews.caPrices in all categories continued their slow fall from the springtime peak.
Source: GlobalNational - 🏆 81. / 51 Read more »

Opinion: More taxes on real estate investment trusts won’t solve the housing crisisWith its possible tax reforms, the government is discouraging investment in REITs, and that will mean less new housing Worth a try 'The solution to the housing crisis is simple: We need more homes, of all kinds.' We also need to make it more unappealing then it is now as an Investment strategy. If for no other reason, to stop them from snapping up all this apparent new supply that is supposed to be coming 'related tweets'
Source: globeandmail - 🏆 5. / 92 Read more »