January 2019 | Dallas, TX – RealFoundations’ Director Lauren Stokes‘ article ‘How Solid is Your Cybersecurity Plan?’ has been published in the February issue of Institutional Real Estate Americas magazine, a monthly publication for institutional investors in real estate — pension plans, foundations and endowments — and the consultants and real estate investment managers who serve them.
In the article, Stokes identifies Cybercrime as one of the biggest threats facing nearly every organization worldwide. Until recent years, the CRE sector has not been a primary target of cyber-terrorism, although the industry is becoming more susceptible to sophisticated and dangerous attacks as the increased use of digital technologies exposes secure information through data proliferation, online transactions and the Internet of Things.
The article provides examples of the most common types of cyber-attacks as well as simple steps to secure an organization’s data through leading technology practices, policies, procedures and governance. Click the image to the left for the full article.
Despite recurring news headlines of massive fallouts from data breaches, many CRE companies are still ill-equipped to protect themselves from potential attacks, moreover, they are unprepared for timely detection, containment and mitigation. In the event of such an incident, these organizations are almost certain to suffer highly disruptive and costly impacts as well as reputational damage.
“It is no longer a question of ‘if’ your business will be victimized, but rather ‘when’. Safeguarding your business from cybercrime is a demanding, ongoing function. ”
— Lauren Stokes, Director, RealFoundations
