The construction sector faces many challenges that lead to cybersecurity vulnerabilities. Construction projects are increasingly complex with greater collaboration between stakeholders. Diversified supply chains include many third parties who have access to valuable intellectual property and sensitive data. Construction companies are also being targeted due to their increasing digitalisation and use of building information modelling (BIM), the internet of things (IoT), and drones, while only giving a cursory nod to cybersecurity measures during adoption.
Leading construction companies in cybersecurity
Companies should invest in cybersecurity measures across all stages of a construction project, from design to operations, as an attack can occur at any stage. In particular, managed security services are vital to ensure coherent and adaptable measures. Good cybersecurity is also a part of strong ESG credentials, as it is a vital aspect of risk management. Construction companies should view cybersecurity on an equal footing with physical security and ensure Chief Information Security Officers (CISOs) are on company boards. This will also help companies navigate increasing regulatory scrutiny.
Leading cybersecurity adopters in construction are AECOM, Bechtel, Ferrovial, Maire Tecnimont, Larsen & Toubro, Siemens, and Skanska.
Discover the leading cybersecurity companies in the construction industry
Using its experience in the sector, World Construction Network has listed some of the leading companies providing products and services related to cybersecurity.
The information provided in the download document is drafted for construction industry executives and technology leaders involved in cybersecurity solutions.
The download contains detailed information on suppliers and their product offerings, alongside contact details to aid purchase or hiring decisions.
Amongst the leading vendors of cybersecurity for construction companies are Arctic Wolf, Avetta, Dragos, eSentire, Eventura, Pentera, Rhebo (Landis + Gyr), UNCOMN, SNC-Lavelin, and Trimble (Viewpoint).
Future of cybersecurity in construction
In the construction sector, security spending is forecast to reach $8.4bn by 2025. This growth is driven by fraud prevention and transactional security, security intelligence and management, and endpoint security platforms. The largest spending will be accounted for by managed security services, which are expected to grow to almost $2.6bn in 2025.