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Cybersecurity attacks in the construction industry? | Walkthrough Wednesday
Built with Billd
English - December 08, 2021 10:00 - 8 minutes - 11.1 MBManagement Business Education commercialrealestate construction constructioneducation constructionfinancing contractors funding materialpurchasing materialsuppliers purchasingterms subcontractors Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Why you should rethink debt in construction | Finance Friday
According to NordLocker, construction is the No. 1 industry hit by ransomware.
Victims have ranged from multi-billion dollar companies in Asia, all the way down to small family businesses in Texas.
Companies are most vulnerable through email, malware - and most recently - siegware through smart building technology.
Is this a new problem?
No. But due to recent government funding, construction has become a ripe target.
With a $500 billion market capitalization, we need to be more careful than ever.