Cybersecurity has taken center stage in the news recently, following several devastating attacks on local and foreign entities.

However, while the risks may seem to be at an all-time high for companies looking to protect critical data, some industries are reluctant to adapt, rendering them vulnerable for future breaches.

Over the past decade, increased adoption of IT systems within the construction industry coupled with insufficient security protocols have created a perfect storm for cybercriminals looking for their next target. In fact, a recent Forrester survey revealed that more than 75% of respondents in the construction, engineering and infrastructure industries had experienced a cyberincident within the last 12 months.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.