In the world of digital business, cyber threats are evergreen. No matter what measures are put into place to protect our electronic data “hackers” will always be out there trying to expose it.
Venom. It’s the latest cyber threat that had everyone on high alert these past weeks. What makes Venom particularly noteworthy is the fact that a hacker can gain access to one virtual machine and begin to manipulate adjacent machines (i.e., other data on the system’s network).
While it certainly sounds more intimidating by name than previous bugs like ‘Heartbleed’ and ‘Shellshock’, when you break it down, Venom—short for Virtualized Environment Neglected Operations Manipulation—shouldn’t poison your thoughts on the cloud.
An Executive Order
A recent global survey from Price Waterhouse Coopers revealed that executives today consider cyber security technology among the top-three most strategically important types of digital technology for their business.
The fact that cyber security is becoming an executive order should come as no surprise. Given the rise of mobile devices, interconnected business systems and even the Internet of Things that looks to give everything from our vehicles to our vacuums an IP address, it’s a wonder why this is even noteworthy (read: executive should be putting cyber security at the top of their agenda)
I think the real news here is that the topic of cyber security is officially coming out of the IT department and into the boardroom.
Cyber Threats Threaten Construction
According to the 2015 Data Breach Investigation Report from Verizon, there were 2,122 confirmed data breaches in 2014. This is up from 1,367 confirmed breaches worldwide in 2013. These data breaches resulted in 700 million records being compromised, equivalent to the loss of $400 million.
Of those 2,122 data breaches, the number that occurred within construction? Three—one of which didn’t result in any confirmed data loss. To be fair, the Verizon study polled only 70 organizations worldwide. Still, when you compare our industry against others like manufacturing (525) and retail (523), we are looking pretty secure.
Of course part of the reason for such a low number of breaches could do with the fact that RFIs and change orders aren’t exactly glorious data grabs for cyber criminals. But all kidding aside, there are project teams around the globe sharing some pretty hefty sets of data on the construction and operation of major facilities. Data that could be pretty dangerous if fallen into the wrong hands.
Can we credit the secure nature of data exchange within construction to the fact that more and more construction data is being stored in the cloud these days? Could data actually be safer in the cloud than on physical on-premise servers?
I say yes. And it’s due to the commitment that cloud service providers are making at protecting your data. At The Cram Group we partner with Equinix as the Data Center provider, leveraging the company’s Tier-1 global network. This provides many physical advantages that ensure the best results for customers in direct benefit to clients, such as:
- Security 24/7 security and video surveillance.
- Trained security guards on-site at all times.
- Servers located in locked cage.
- Hand-scan required to enter controlled areas.
- 24/7 time-in & time-out visitor logs maintained by security staff
AEC Cloud Hosting and The Cram Group have over 15 years of hands on real world experience in protecting data for the largest construction firms in the industry. We have the know how and expertise so you can rest at night knowing your data is secure.
Find out what AEC Cloud can do for your business migration to the cloud. Schedule a live demo today and see for yourself the possibilities we can offer.