Securing Commercial Real Estate from Cyberattacks

Cyberattacks are a growing concern for commercial real estate owners and operators. As technology changes and more sensitive data is stored online, a successful cyberattack can have a major impact on both the financial and reputational health of a business. As such, it is critical to have an effective plan in place to protect commercial real estate from cyberattacks.

The first step to securing commercial real estate from cyberattacks is to identify and secure any vulnerable points of access. This includes all computers, networks, and other digital devices used by the business. All hardware and software should be kept up to date, and all passwords should be strong and changed regularly. In addition, all digital devices should be protected with a firewall and antivirus software.

The second step is to educate employees on how to spot and avoid potential cyber threats. This includes teaching employees not to open emails or click on links from unknown sources, not to use public Wi-Fi networks, and not to share passwords or other sensitive information.

The third step is to implement a secure backup system. By having redundant copies of all data stored in multiple locations, businesses can minimize the damage done by a successful cyberattack.

The fourth step is to monitor for suspicious activity. This includes keeping a close eye on all digital devices and networks for signs of unauthorized access or unusual behavior. It’s also important to have a plan in place for responding to a successful attack.

Finally, businesses should consider investing in cyber insurance to protect against the financial losses that can result from a successful cyberattack. This type of insurance can provide coverage for both the cost of restoring data and any financial losses resulting from the attack.

By following these steps, commercial real estate owners and operators can take the necessary steps to protect their businesses from the increasing threat of cyberattacks.