Fortifying Construction: Strategies for Ransomware Defense and Recovery

The construction industry is experiencing a significant digital transformation, marked by a dramatic increase in data storage needs and cloud adoption. While enhancing efficiency, this digital shift has also exposed construction firms to increased cybersecurity risk, particularly ransomware attacks.

Research from Dodge Data and Neuroject shows that:

• 59% of AEC firms experienced a cybersecurity threat in the past two years.

• 77% of firms cannot survive more than five days without access to documents before experiencing severe scheduling impacts.

• The construction industry faces unique cybersecurity challenges due to its increasing reliance on digital technologies, complex operational structures, potential IT constraints, and field-focused resources.

Egnyte has partnered with Associated Builders and Contractors (ABC), a national construction industry trade association, to address the industry's critical cybersecurity needs. This report, a collaboration between Egnyte and ABC, provides construction professionals with strategies to fortify their defenses against ransomware and improve their recovery capabilities.