A smart building controls activities such as heating, ventilation, air conditioning, lighting, and security through automated processes. Many smart buildings use Internet of Things (IoT) technology, which means they contain sensors to collect data and software to manage it to reduce energy consumption and environmental effect. The demand for this type of construction will skyrocket in the future years. Recent studies predict that the worldwide smart building industry would reach $127.09 billion by 2027, with a compound annual growth rate of 12.5%.
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Only cross-border and cross-sector coordination will suffice to combat cybercrime.
What SMEs in Europe must do to ensure a cyber-secure future
Businesses are putting together a global response to cybersecurity threats.
The industry must solve the security issues raised by smart buildings. According to research, 57% of IoT devices are vulnerable to medium or high-severity assaults. Cyberattacks have already caused significant damage to a number of enterprises, including key infrastructure such as hospitals, data centers, and hotels.
Smart building enterprises should follow the seven principles outlined below to protect themselves from cybercrime.
There are seven approaches for businesses to ensure that their products contribute to smart buildings.
1) Administration
Companies require proper security knowledge. They must be clear about roles and responsibilities in this area, as well as generate a clear set of security messaging on how occurrences should be handled. Each team should ensure that its product, solution, or service has enough built-in cybersecurity. Companies must assist consumers in maintaining cybersecurity throughout the product’s or building’s lifecycle.
