The Latest Cybersecurity In The Roofing Industry Statistics Explained
Around 21% of all construction companies experienced a cybersecurity incident in 2020.
This statistic indicates that in 2020, approximately 21% of construction companies encountered a cybersecurity incident. This suggests that a notable portion of the construction industry has been affected by cyber attacks, highlighting the vulnerability of these companies to digital security threats. Such incidents can lead to data breaches, financial losses, and disruption of operations within the construction sector. This statistic underscores the importance of implementing robust cybersecurity measures and enhancing digital defenses to safeguard construction companies against potential cyber threats.
Small construction firms (including roofing companies) are hit by 43% of cyberattacks.
The statistic that small construction firms (including roofing companies) are hit by 43% of cyberattacks indicates that these types of businesses are particularly vulnerable to online security threats. This statistic suggests that cybercriminals are specifically targeting small construction firms and roofing companies, potentially due to their perceived lack of robust cybersecurity measures compared to larger corporations. The high percentage of cyberattacks affecting these businesses highlights the importance of implementing strong cybersecurity protocols, such as regular software updates, employee training on cybersecurity best practices, and investing in reputable cybersecurity solutions, to protect sensitive data and mitigate the risks associated with online threats.
One in three small businesses in the construction industry don’t have the tools in place to secure their data.
This statistic suggests that a significant portion, specifically one third, of small businesses in the construction industry lack the necessary measures to protect their data from potential security breaches. This finding highlights a concerning trend of vulnerability within the industry, potentially leaving these businesses susceptible to cyber attacks, data theft, and other forms of digital threats. As data security becomes increasingly crucial in today’s interconnected world, it underscores the importance for construction companies to prioritize implementing robust cybersecurity protocols and tools to safeguard their sensitive information and mitigate potential risks to their business operations.
In 2020, unauthorized access accounted for 63% of data breaches in construction companies.
In 2020, 63% of data breaches reported by construction companies were a result of unauthorized access. This statistic suggests that a significant portion of cybersecurity incidents within the construction industry were caused by individuals gaining unauthorized entry to sensitive information. Unauthorized access can involve activities such as hacking, phishing, or exploiting vulnerabilities in security systems. This statistic highlights the importance of implementing robust cybersecurity measures to prevent and mitigate unauthorized access incidents in construction companies, such as enhancing access controls, implementing secure authentication protocols, and conducting regular security audits and training programs for employees.
Over 56% of construction businesses lack system hardening, which expose them to cybersecurity issues.
The statistic stating that over 56% of construction businesses lack system hardening indicates a significant vulnerability in the cybersecurity practices within the construction industry. System hardening involves securing computer systems by implementing necessary security measures such as antivirus software, firewalls, and regular software updates to protect against cyber threats. With a majority of construction businesses not implementing these essential security practices, they are at risk of cyberattacks, data breaches, and other security issues that could have serious consequences for their operations and sensitive information. This statistic emphasizes the urgent need for improved cybersecurity measures within the construction sector to safeguard against potential threats and protect business operations and data.
59% of construction companies cite lack of skilled staff as a barrier to improving cybersecurity.
The statistic indicates that a significant majority, specifically 59%, of construction companies identify a shortage of skilled staff as a key obstacle in enhancing their cybersecurity practices. This suggests that many companies within the construction industry struggle to implement robust cybersecurity measures due to a lack of expertise among their workforce. The shortage of skilled staff may hinder their ability to effectively protect their digital assets and sensitive information from potential cyber threats. Addressing this skills gap through training, hiring, or outsourcing experts could be crucial for construction companies to enhance their cybersecurity resilience and protect against potential cyber attacks.
The average cost of a data breach in construction is $2.4 million.
The statistic that the average cost of a data breach in the construction industry is $2.4 million indicates the financial impact of cybersecurity incidents on construction companies. This figure represents the average amount of money that a construction firm may incur as a result of a data breach, accounting for costs such as investigating the breach, mitigating damages, notifying affected parties, regulatory fines, legal fees, and potential loss of business due to reputational damage. The high cost emphasizes the importance of robust cybersecurity measures in the construction sector to protect sensitive data and minimize the financial ramifications of potential breaches.
56% of IT professionals in construction companies expect their cybersecurity budgets to increase in 2022.
This statistic indicates that a majority of IT professionals within construction companies foresee a rise in cybersecurity budgets for the upcoming year, specifically noting that 56% anticipate such an increase. This suggests a growing recognition of the importance of investing in cybersecurity measures to protect sensitive data, infrastructure, and operations within the construction industry. The anticipated budget increase reflects a proactive approach towards addressing potential cyber threats and vulnerabilities, aligning with the evolving landscape of technology and digitalization in the construction sector. This statistic underscores a trend towards prioritizing cybersecurity readiness and highlights a heightened awareness of the risks associated with inadequate security measures in today’s digital age.
Approximately 38% of construction businesses recognize that a lack of awareness in their workforce acts as a barrier to achieving cybersecurity.
The statistic suggests that a significant portion, about 38%, of construction businesses perceive a lack of awareness among their workforce as a hindrance to effectively implementing cybersecurity measures. This indicates that a substantial number of construction companies are aware of the importance of cybersecurity but are facing challenges in ensuring that their employees understand and adhere to proper protocols and practices. The statistic underscores the need for these businesses to prioritize cybersecurity training and awareness programs to enhance their overall cybersecurity posture and mitigate potential risks and threats in an increasingly digital and connected environment.
Globally, the average cost of a data breach is $3.86 million.
The statistic that globally, the average cost of a data breach is $3.86 million represents the financial impact that organizations face when they experience a breach in their data security. This cost includes various expenses such as investigating the breach, implementing necessary security measures, notifying affected individuals, potential legal fees, and reputation damage. Data breaches can lead to significant financial losses for organizations due to potential fines, loss of revenue, and customer trust. This statistic highlights the importance for organizations to invest in robust cybersecurity measures to prevent data breaches and mitigate the financial consequences associated with them.
Around 94% of malware is delivered via email.
The statistic “Around 94% of malware is delivered via email” indicates that the vast majority of malicious software, or malware, is transmitted to devices and networks through email communication. This statistic highlights the significant role that email plays as a common vector for cyberattacks, making it a critical area of focus for cybersecurity efforts. Organizations and individuals should be particularly vigilant when it comes to email security, employing best practices such as using email filtering technologies, implementing strong authentication methods, and providing regular training to users to mitigate the risks associated with malware delivered via email.
Cybercrime is expected to cost the world $10.5 trillion annually by 2025.
The statistic that cybercrime is expected to cost the world $10.5 trillion annually by 2025 highlights the significant financial impact of online criminal activities on global economies. This projected cost underscores the growing threat posed by cyberattacks and emphasizes the urgent need for enhanced cybersecurity measures across industries and sectors. As technology continues to advance and digital transformation accelerates, the potential losses from cybercrime serve as a stark reminder of the importance of investing in robust cybersecurity infrastructure, proactive risk management strategies, and cybersecurity awareness and education to mitigate the financial implications of these criminal activities.
Phishing attacks account for more than 80% of reported security incidents.
The statistic “Phishing attacks account for more than 80% of reported security incidents” indicates that a significant majority of security incidents reported are attributed to phishing attacks. Phishing is a type of cyber attack where malicious actors attempt to deceive individuals into revealing sensitive information such as passwords or personal data by posing as a trustworthy entity. The high prevalence of phishing attacks underscores the effectiveness and widespread use of social engineering tactics in breaching security defenses. Organizations and individuals need to be vigilant in recognizing and protecting themselves against phishing attempts to reduce the risk of falling victim to such attacks and safeguard sensitive information.
Small businesses are targeted in 43% of cyberattacks.
This statistic indicates that 43% of cyberattacks are directed at small businesses, highlighting the vulnerability of these organizations to cyber threats. Small businesses are seen as attractive targets for cybercriminals due to factors such as limited resources, insufficient cybersecurity measures, and relatively easier access to valuable data. The high percentage of cyberattacks targeting small businesses underscores the importance of enhancing cybersecurity strategies and investing in protection measures to safeguard sensitive information, minimize potential financial losses, and maintain the trust of customers and stakeholders.
the construction industry ranks 3rd among industries most impacted by Internet of Things (IoT) attacks.
The statistic that the construction industry ranks 3rd among industries most impacted by Internet of Things (IoT) attacks indicates that the construction sector faces significant vulnerability to cyber threats through connected devices and technology. This ranking suggests that construction companies are at higher risk of experiencing security breaches, data compromises, and operational disruptions due to the increasing adoption of IoT devices within their infrastructure. The fact that the industry is the third most impacted highlights the urgent need for enhanced cybersecurity measures and protocols to safeguard construction operations and ensure the protection of sensitive information and critical systems against potential cyber threats.
There is a hacker attack every 39 seconds, affecting one in three Americans each year.
The statistic “There is a hacker attack every 39 seconds, affecting one in three Americans each year” suggests a high frequency and significant impact of cyber attacks in the United States. The rate of one attack every 39 seconds highlights the rapid and incessant nature of cyber threats in today’s digital age. Furthermore, the fact that one in three Americans is affected by these attacks each year underscores the widespread and pervasive nature of cyber attacks, posing serious risks to individuals’ personal and financial information as well as to national cybersecurity. This statistic emphasizes the urgent need for enhanced cybersecurity measures and increased awareness among the public to protect against the growing threat of cyber attacks.
20% of organizations faced a security incident linked to remote workers in the past year.
The statistic “20% of organizations faced a security incident linked to remote workers in the past year” highlights the prevalence of security risks associated with remote work arrangements. This means that out of a sample of organizations, 20% reported experiencing a security incident that was directly connected to their remote workforce within the previous year. Such incidents could include data breaches, phishing attacks, or unauthorized access to sensitive information. The statistic underscores the importance of implementing robust cybersecurity measures and policies to safeguard against potential threats in an increasingly remote work landscape.
References
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