Protecting the Construction Biz From Cyberattacks

Dennis: “It should not be underestimated how vital protecting this information is to the success of any business.”

IRVINE, CA—The commercial-construction industry is vulnerable to cyberattacks for many typical reasons, but also for some unique, specific risks associated with the nature of construction, Newmeyer & Dillion LLP managing partner Jeff Dennis tells GlobeSt.com.

In a recent newsletter from the firm, Dennis and Nathan Owens said, “Commercial contractors have long faced their own unique business risks—labor and material shortages, delay claims, bonding issues and defects in workmanship. But, in today’s ever-evolving cyber world, it is imperative that contractors understand they are vulnerable to risks beyond finishing a project on time and on budget. As we are seeing more and more each day, cyber threats impact all businesses, including the construction industry, and the failure to protect against these threats will cost your company millions in damages and reputational harm.”