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Cyber Risks for Construction Companies

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Construction companies don’t always face the conventional type of cyber breaches that are constantly in the headlines. The cyber risk for midsize construction companies is more about loss of critical data through data corruption or cyber ransom and loss of confidential information of customers and employees like billing and payroll files. Every company that utilizes technology and the Internet should take preventive steps to assess their exposure to cyberattacks and data loss, and then create response measures to minimize the fallout from such an attack. The loss of data, network system replacement, business downtime, defense costs, lawsuits, victim theft monitoring and reputational impact can severely impact an organization’s bottom line.

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This is just one of the many topics that will be explored at this year’s ACI Tech Forum on May 19th. 

 

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