Cyber Attack
Webinar: What Building Owners Need to Know About Cyber Security Insurance!
November 28th, 202285% of All Cyber Crimes Go Unreported
November 21st, 2022
Mapping the Strategic Direction of Honeywell in the Smart Buildings Space – Part 2
This Research Note examines the emerging strategic priorities of Honeywell in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the company, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 2 of a 2-part analysis (Part 1 […]
Hidden Cyber Vulnerabilities Threaten Smart Building Security
How can cyber security teams secure a smart building without first knowing what devices, systems, and connections are active in the building? That is the quandary facing building owners and managers as smart devices proliferate across their facilities, leaving a large and growing attack surface undefended. Those responsible for cyber security have to map entire networks […]
Buildings Can Do Much More To Reduce Their Cyber Security Risk
The ultimate vision of mass hyper-connected smart buildings hosting hundreds of interconnected devices will not be possible without addressing a wide range of building specific cybersecurity issues. Each system, device, router, server, and gateway, including their multiple versions and iterations, introduces its own cyber security risk to the building. And, without strict segmentation, unauthorized access […]
We Need to Talk About Cyber Security Insurance for Commercial Buildings!
Cyber attacks are one of the greatest threats facing buildings as they become connected and smart, but ensuring smart buildings are insured for cyber threats is also becoming increasingly difficult. The rising vulnerability of connected buildings is driving limited cyber-coverage and some brokers have even withdrawn from the space altogether. There are some early signs of […]
Smart Buildings Are Being Forced into a Cyber AI Arms Race
Cyber-attacks now rank alongside natural disasters and climate change as one of humanity’s top ten risks globally, according to the World Economic Forum. Like pandemics and global economic crises, a wide range of buildings, businesses, public services, and almost every facet of society is at risk after the widespread proliferation of connected technologies, such as the […]
The Single Pair Ethernet Enabler for Building Connectivity
“For over 30-years twisted-pair (TP) cabling has been used to transmit voice, data, and power over the same infrastructure. It has been crucial to integrating operational technology (OT) and information technology (IT) on a single TP ethernet platform during that time as we have seen technological advancements that have expanded the use of the now-ubiquitous […]
Cyber Security Falls Through the Gap Between OT & IT Responsibility
Over recent decades, as buildings have developed greater connectivity, the starkly different worlds of Operational Technology (OT) and Information Technology (IT) have found themselves converging in the emerging smart buildings space. In this new landscape, OT teams find themselves victim to cyber threats that they have never had to deal with before, while IT teams […]
Global Revenues for Smart Building Cyber Security Reached $4.33Bn in 2021
Cyber security consistently ranks as one of the top 3 concerns worrying organizations that are considering investment in IoT or digital transformation projects. Spending on cyber security has surged in recent years, driven by major trends including the rise in ransomware attacks, a series of high-profile breaches and the massive security challenges posed by the […]
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