A large proportion of economic growth comes down to property and construction. What motivates an attack in this industry is financial gain, often carried out by organised crime groups that are opportunistic in nature and utilise vulnerabilities in systems that organisations in this field are often susceptible to.
Vulnerabilities in networks allow criminals with the opening to gain access to databases, sensitive data and financial details. Once the information is obtained, this can rapidly escalate into a ransomware situation, which has the potential to cripple an entire corporation in a matter of minutes.
Employees use and reuse credential details, such as passwords, for multiple accounts. When a breach is made, this makes it relatively easy for an attack to access multiple accounts/networks at a time. Therefore, multifactor authentication methods are vital, to reduce the chance of data breaches.
Social engineering is used to con the target into providing information. This is done by taking advantage of a person’s usual emotional responses, natural actions and tendencies. Many employees are not trained to look for such attacks and are often unaware of their part in an attack.
Effective security always comes down to three key elements. Processes, people and technology.
Processes must run seamlessly alongside the organisation. Security experts must have the capability to detect, react and understand the context of a risk. And the technology must be superior, to keep up with cyber threats. All elements are equally as important, and you must have all three to ensure security.
95% of breaches in Construction are down to Web Application and Crimeware Attacks…
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