The construction sector is a particularly appealing target to malicious actors. This is mainly due to:
- Multitudes of third-party suppliers used.
- Mass of personal data being collected.
- Substantial sums of money involved in construction projects.
Despite past warnings, many Construction companies see cybersecurity as an afterthought, due to strict time constraints when delivering projects, but this is no longer an option for businesses in the industry as cyber threats continue to target the industry in full force.
Key Findings
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‘The industrial sector experienced the costliest increase of any industry, rising by an average of USD 830,000 per breach over last year.’ – Cost of a Data Breach Report, IBM, 2024
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