Data breaches are increasingly becoming a concern for all kinds of businesses, including the construction industry. As more capital construction projects are adopting technology, one of the most serious concerns during implementation is data security. Outages, breaches and cyber-attacks have imparted business interruption, loss of revenue and damage to public reputation.
In 2020, the first year that Verizon examined the construction industry while building its Data Breach Investigation Report, it was revealed there were 57 total attempted breaches within construction companies, with 30 of those being successful. The report also shared that breach attempts occurred equally in small and large companies. A company’s size does not exempt it from being attacked.
