With cyberattacks on the rise, the average construction business is in need of a security upgrade to avoid falling victim to a costly attack. According to IBM, the average cost of a data breach in the United States was $9.05 million in 2021. With ransomware attacks becoming increasingly widespread, it’s important to take steps now to make sure your most sensitive data is secure.

The FOUNDATION® Hosted IT Datasheet provides some tips and procedures you can implement today to help protect your company and data from cyberattacks.

Download the Datasheet

The beginners guide for basic IT Security:

Have strong passwords

Key aspects of a strong password: length, mix of upper and lower letters, numbers and symbols – for example, a1B!c2D@e3F#
Use a password management solution – these programs will store long, unique passwords for online accounts

Have backups of all key
data and information to
protect against ransomware

Perform off site backups at least
once a year
Test backups to validate you can recover your data in the event of an emergency
Review backups to ensure the data you are backing up is relevant and add new sources of data as requirements change

Good message hygiene

Set up anti-spam and malware rules to block malicious emails
Configure multi-layered detection (multiple levels of security examination) to prevent various spam, malware and more
Use email warning tags to raise awareness in identifying suspicious email

Endpoint protection

Implement this security application to protect business endpoints such as laptops, servers or anything that connects to the internet to stop users from running malicious programs

Set up security awareness

Train employees on how to identify and report activity — see something say something mentality

Physical security

Encrypt laptops for protection

Take your protection a step further by following recommendations and best practices from a security framework that works best for your business. Some examples include:

  • NIST
  • ISO 27001 and ISO27002
  • NERC-Clp
  • PCI
  • SOC2
  • GDPR

FOUNDATION® offers a secure way to track and store your critical financial and project data with FOUNDATION® Hosted — a cloud-based solution. With automatic system backups and security updates, FOUNDATION® Hosted takes the stress out of keeping your data secure.

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