Buildings will account for 81% of all connected things in 2020, ushering in a new era of smart office buildings, schools, hospitals and more that will improve efficiencies for building management and provide a more comfortable experience for occupants. However, buildings are also at an increased risk of cyberattacks as they collect more data, become more interconnected and extended outside of their original operating environment.
Cyberattacks can be catastrophic. A ransomware attack on a hospital’s building operating system could lock key staffers out of their computers, causing a multitude of issues including severe delays in accessing patient data and admitting new patients. Since it takes 23 days on average to resolve a ransomware attack, the impact of an event like this could be devastating.
That’s why a global standard for securing an intelligent building’s operational technology (OT) system is necessary. We must prevent these incidents from happening, while ensuring that connected building solutions continue to advance safely and securely.
Looking ahead to 2020, it is likely we’ll see a greater focus on standardization for building cybersecurity, with at least one framework emerging as a leading guide for securing a building’s OT system. And it all starts with understanding the probability and the severity of these attacks happening in the first place.
Buildings as a prime target
Research from Accenture shows that security breaches have increased by 65% within the last five years and cyber criminals are expected to continue exploiting building cybersecurity weaknesses in 2020 and beyond. However, even though cyber-related threats put people, assets, data and corporate reputations at risk, building OT systems often remain a less-guarded entry point.
There are ..