There’s an ever-growing volume of business being conducted online by the commercial real estate industry, making them an attractive target for bad actors looking to exploit sensitive data. Jonathan Fairtlough, Managing Director in the Cyber Risk practice of Kroll, a division of Duff & Phelps, was quoted in an article published in National Real Estate Investor saying, “Attackers can access this information through devices connected to the internet, controlled by the internet or accessible via the internet.”
Jonathan along with Aloke Chakravarty, Partner and CoChair of Investigations, Government Enforcement and White-Collar Protection practice at Snell & Wilmer, highlight that along with the implementation of smart data privacy education for employees and software and hardware tools, cyber insurance is integral for organizations. Jonathan and Aloke further explain that discussions around data privacy, risk assessment and data mapping are more of a requirement today and need to be initiated at the executive level.
Read the full article here.
The article follows Jonathan’s recent webinar featuring Aloke and Ross Prindle, Managing Director and Global Head of Duff & Phelps’ Real Estate Advisory Group, wherein he discussed Cyber Threats in the Real Estate Sector with leading experts. In this webinar panelist representing legal, cyber and real estate share battle-tested cyber security guidance and best practices to help organizations take immediate steps to minimize their exposure.
Listen to the recording here.