flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Architects and contractors underestimate cyberattack risk

Architects

Architects and contractors underestimate cyberattack risk

After five days, ransomware attacks cause serious disruptions, according to a new report. 


By Peter Fabris, Contributing Editor | October 4, 2023
Architects and contractors underestimate cyberattack risk - Image by Cliff Hang from Pixabay
Image by Cliff Hang from Pixabay

Design and construction industry firms underestimate their vulnerability to cyberattacks, according to a new report, Data Resilience in Design and Construction: How Digital Discipline Builds Stronger Firms by Dodge Construction Network and content security and management company Egnyte.

Fifty-nine percent of firms responding to a survey experienced a cybersecurity threat within the last two years. General contractors were hit most frequently, with 70% experiencing a threat and 30% suffering a ransomware attack since 2021.

Successful attacks can be dire, with 77% of firms saying they would experience critical schedule delays if access to documentation is blocked for more than five days. Ransomware attacks often take a lot longer to resolve than just a few days, though.

The average duration of a successful ransomware attack in the U.S. ranged from 15 days to 26 days between the first quarter of 2020 and the second quarter of 2022, according to Statista, a company that operates a global data and business intelligence platform.

The study also says that the industry needs improvement on data resilience, which it defines as “the ability to access all project and business documents and data to support work at any time, from anywhere, and on any device.” Just 39% of AEC firms’ data networks meet that standard at least 90% of the time, “meaning most of the industry struggles with this issue.”

Related Stories

| Apr 10, 2013

First look: University at Buffalo's downtown medical school by HOK

The University at Buffalo (UB) has unveiled HOK's dramatic design for its new School of Medicine and Biomedical Sciences building on the Buffalo Niagara Medical Campus.

| Apr 10, 2013

6 funding sources for charter school construction

Competition for grants, loans, and bond financing among charter schools is heating up, so make your clients aware of these potential sources.

| Apr 10, 2013

23 things you need to know about charter schools

Charter schools are growing like Topsy. But don’t jump on board unless you know what you’re getting into.

| Apr 9, 2013

FMI predicts 8% rise in construction put in place for 2013

FMI, the largest provider of management consulting and investment banking services to the engineering and construction industry released today its Q1-2013 Construction Outlook. The forecast for total construction-put-in-place for 2013 continues to show an increase of 8% over 2012 levels. 

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021