cyber security 18 MICA MESSENGER HARD HATS AND HACKERS T he construction industry, long associated with hard hats, blueprints, and heavy machinery, is undergoing a digital transformation. Like many other industries, construction companies are becoming increasingly reliant on technology to streamline operations, improve efficiency, and maintain competitiveness. This digital shift, however, comes with an array of cyber risks that, if not addressed, could have devastating consequences for construction firms. The Digital Evolution of Construction In recent years, the construction industry has embraced digital solutions at an accelerating pace. Building Information Modeling (BIM), cloud- based project management platforms, drones, IoT (Internet of Things) sensors, and other advanced technologies are becoming integral to how construction companies operate. These tools offer tremendous benefits: they enhance collaboration, reduce project delays, and optimize resource management. However, as construction companies become more digitally connected, they also become more vulnerable to cyberattacks. The integration of technology with physical operations— such as automated machinery or IoT- The integration of technology with physical operations—such as automated machinery or IoT-enabled construction sites—creates new attack surfaces for hackers to exploit. Greg Chambers Underwriting Manager, Cyber & Technology, AXA XL
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