There are two big myths about cybersecurity in the construction world that I want to bust in this article. Contractors need to understand the role cybersecurity plays in their business, both directly and indirectly.
If you have one, your New Orleans IT services company needs to be managing your cybersecurity. If you’re handling it yourself, then it’s up to you.
In either case, you need to be aware of these two myths:
Let’s start with the first myth…
You may think that cybercriminals would be better off targeting higher-value businesses like financial firms and casinos. That’s not really the case though – contracting businesses like yours are just as good of a target.
Experts agree that cybersecurity should be a bigger concern for contractors and for the New Orleans IT services companies that support them. Phil Weaver, senior director for Warfel Construction’s IT, doesn’t think the industry is ready to defend itself.
“I don’t think general contractors and construction managers are worried enough about the impact a cyber incident can have,” said Weaver to enr.com. “I think there is just a lack of understanding or realization that it can happen to us.”
Case in point – ransomware.
Ransomware is an undeniably major threat to businesses around the world today. Maybe you can accept that ransomware is real, but don’t believe it’s all that costly. You’d be wrong.
According to Beasley Breach Response’s 2019 noncompliance report…
The construction industry has been hit before, and it will undoubtedly be hit again – just consider the ransomware attack against Saint Gobain, which cost them an estimated 80 million Euros. The question is – do you have a New Orleans IT services company to protect your business from ransomware?
On to the second myth…
Many businesses both inside and out of the construction industry believe that cybersecurity is just about keeping their data secure. But that’s not the case either – investing in cybersecurity is an investment in your business as a whole. Contractors that are more secure are more likely to be selected by clients that are worried about data security.
Underinvesting in cybersecurity can have serious consequences:
Your New Orleans IT services company should comprehensively manage your IT to make sure your data is protected. The best way to do so is with a robust policy and set of solutions that include the following:
Inventory Of Your Data Assets
You have to start from a place of understanding. Begin by taking stock of your data – what it is, where it is stored, etc. With that information, you can then move forward in protecting it. You also have to consider the worst-case scenario. What would it mean to you if you lost your data right now? Do you have a backup plan? Do you have redundancies and contingencies in place?
Do you have a data backup policy in place?
If not, then you’re vulnerable, right now, to ransomware. If you have a data backup solution, then it doesn’t matter if your data has been encrypted by ransomware. You can just replace it with your backup, simple as that.
That’s why you should make a considerable investment in a comprehensive backup data recovery solution so that you can restore your data at a moment’s notice when necessary.
Be sure to:
A comprehensive cybersecurity training program will teach your staff how to handle a range of potential situations:
Essential Solutions offers comprehensive cybersecurity services to protect contractors like you. If you’re not getting the support you need from your current New Orleans IT services company, then you should consider making a change.
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