Cybersecurity in Construction: Why Every Subcontractor Needs to Take Action Now
In episode 90 of The Subcontractors Blueprint podcast, host Jacob Austin addresses the critical issue of supply chain cybersecurity in the construction industry. Jacob highlights the alarming rise in cyber attacks targeting subcontractors and suppliers, emphasising the need for robust cybersecurity measures. The episode shares real-world examples, such as the Interserve breach and a ransomware attack on a multinational contractor, illustrating the severe consequences of inadequate cybersecurity. Jacob outlines practical steps for subcontractors to enhance their cybersecurity posture, including data protection, device security, supplier vetting, and incident response planning. The episode serves as a valuable resource for construction business owners to safeguard their operations
KEY TAKEAWAYS:
- Rising prevalence of cyber attacks targeting the construction supply chain.
- Real-world examples of significant cyber incidents in the construction industry.
- Common vulnerabilities faced by subcontractors, including phishing and weak passwords.
- Practical steps for enhancing cybersecurity, such as data protection and device security.
- The impact of increased digitalisation and remote work on cybersecurity risks.
- Official guidance and resources available for improving cybersecurity in the construction sector.
- The shared responsibility of all stakeholders in maintaining cybersecurity within the industry.
Links to resources mentioned in this episode:
Assessing Supply Chain Cyber Security
BEST MOMENTS:
"Cyber security isn't just an IT problem, it's a daily concern on job sites and in project offices across the UK."
"Recent studies have found that a shocking 45% of organisations experienced a data breach involving a supplier in just the past 12 months."
"The construction industry's rapid digitalisation has expanded the surface area that people can attack on."
"Cyber security is a real threat and it's a shared responsibility across the whole of the industry."
"People are your first line of defense, and they need to be educated about phishing and other potential scams."
Jacob is on a mission to help the 1 million SME contractors working within the construction industry. If you've taken something of value from this episode, please share the podcast with someone you know, and pass the value on.
HOST BIO: Meet Jacob Austin, a Chartered Quantity Surveyor with a rich background at construction industry giants Balfour Beatty, Kier, and Vistry Group. With extensive involvement in education, health, and residential projects spanning various scales, from £1000s to £100M in concurrent developments, Jacob brings a unique perspective. Having collaborated with numerous small businesses, he's now committed to sharing his expertise to drive their success. Join Jacob on his podcast, where he blends his profound insights and personable approach to offer guidance, industry secrets, and inspirational stories.
LinkedIn - www.linkedin.com/in/jacob-austin/
Instagram - www.instagram.com/qs.zone/