Could Cyberattacks Shut Down Your Business?

Share
Share
Share

Ronnie Kurlander and Rick Arthur were interviewed for an article, Could Cyberattacks Shut Down Your Business?, published by Building Washington. The article discusses cyber risks for contractors, favorite targets of cybercriminals because they often do not make investments in technology and cybersecurity like other industries, according to the article.

“Some general contractors are now trying to reduce the threats to their networks by contractual means. ‘We are seeing many general contractors (GCs), especially on the infrastructure and public side, put very specific cybersecurity-related compliance into their contracts,’ said Ronnie Kurlander, head of construction and real estate practice at Hartman Executive Advisors. ‘They are requiring subcontractors to use certain controls or to align with best practices like those from the National Institute of Standards and Technology (NIST).’ He added that too many subcontractors are simply signing contracts without understanding the cybersecurity requirements and obligations they place on their business.”

“Every contractor needs a plan for dealing with a cyberattack if it gets hit. ‘One way that we work with our clients is to establish a security incident response team. Based on data that we have seen from 2021, organizations that have an incident response plan, in place and tested, experienced a 75 percent less cost of recovery, on average, than firms that did not have a tested plan in place,’ said Rick Arthur, chief information security officer at Hartman Executive Advisors.”

View Full Article Here

Article Copyright ABC of Metro Washington https://www.abcmetrowashington.org/News/Publications/Building-Washington-Magazine

Types:

Get in Touch

This field is for validation purposes and should be left unchanged.
Name(Required)

Related Blogs:

Technology & Operational Sustainability for Senior Living

Technology & Operational Sustainability for Senior Living

Amy Solomon authored an article, Creating the Community of Tomorrow: Technology & Operational Sustainability for Senior Living, published by Love &…
The Ultimate Guide to ERP For General Contractors and Real Estate Developers

The Ultimate Guide to ERP For General Contractors and Real Estate Developers

The market size of the U.S. construction sector is projected to surpass $2.2 trillion by 2027, yet it remains plagued…
Integrating AI into Professional Services: Enhancing Outcomes for Clients and Staff

Integrating AI into Professional Services: Enhancing Outcomes for Clients and Staff

The global professional services market is experiencing significant growth, with projections indicating it will reach $7.97 trillion by 2028, growing…
Scroll to Top

Let's Talk!