What’s different about cyber security in construction?
Digital resourcesRisk experts consistently rank large-scale cyber-attacks and data fraud among the top five most likely risks around the world and among the top three in the U.K. While the cost from cyber-crime is growing sharply, investment in cyber security is growing much more slowly.
Cyber security can be defined as the ‘the protection of your digital environment from unauthorised access and ensuring the confidentiality and integrity of your systems’.
It refers to the body of technologies, processes, and practices designed to protect networks, devices, programs, and data from attack, damage, or unauthorised access.
Within the construction industry, many stakeholders, from contractors and sub-contractors to architects, engineers and surveyors, have access to shared IT platforms in a way that is unique to the industry.
The benefit of these networks is that they provide the industry with fully automated connectivity, allowing communication and access to shared data in ways not imagined a decade ago.
Unfortunately, this increased efficiency also results in an upsurge in risk. Take our free one hour e-learning module on cyber security to learn more.
Cyber Risks and Construction
In this video Michael Born, VP, Cyber & Technology for Lockton Companies, talks about different types of cyber exposures and how they apply to the construction industry.
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“A business will have good security if its corporate culture is correct. That depends on one thing: tone at the top. There will be no grassroots effort to overwhelm corporate neglect. ”William Malik, VP and Research Area Director for Information Security at Gartner
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