2020 Cyber Risk Outlook
Data breaches and hacking are now considered the number one threat facing company executives. Cyber criminals want contractors’ and their clients’ money, intellectual property, financial information, customer data and classified material. Now, those cyber threats are rapidly increasing in both numbers and complexity. While construction companies may not be able to stop a cyber attack, regardless of preventative measures, taking steps before a breach or compromise will reduce the chances of a successful cyber attack and the ultimate cost associated with an attack.
Nathan Owens and Jeff Dennis, outline a few key takeaways to lessen the risk of hackers and governmental penalties at the same time in Construction Executive Magazine.