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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.Ā 


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 ā€œthe ability to access all project and business documents and data to support work at any time, from anywhere, and on any device.ā€ Just 39% of AEC firmsā€™ data networks meet that standard at least 90% of the time, ā€œmeaning most of the industry struggles with this issue.ā€

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