Contractors invest thousands of dollars in liability insurance protecting their company’s employees, heavy equipment, offices, and materials. But what about their data? Financial information, passwords, confidential information in contracts, and designs and blueprints are invaluable to businesses. With ransomware attacks happening in the United States every 11 seconds, it is essential for the construction industry to safeguard company data and networks.
So how is your cyber hygiene? With hybrid workspaces (yes, even in construction) becoming the new norm, data is no longer sitting in an office or on site – it’s mobile. We’ll walk you through what cybercriminals look for, how they target your business, and how to protect your vital information with cloud-based software.
What Cybercriminals Look For
Cybercriminals rely on human error to target businesses. They’re looking for sensitive company information and personal data to generate profit. The following are areas of your construction business they will typically seek out:
– Employee information, including social security numbers and bank details
– Material pricing
– Company financials like profit and loss
– Designs or blueprints
– Sensitive or confidential information in contracts
– Trade secrets
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