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Sensitive or confidential information for private contracts (government installations, etc.) No industry is immune to cyberattacks, including the construction industry. According to data breach statistics from BigCommerce, the average cost of a data breach in 2020 was $150 million. Can your construction company sustain a loss of that magnitude? Some other statistics of data breaches from Rival Security include: Your chance of a data breach is roughly 27%. 84% of companies lack IT security. Every 39 seconds, there is another attack. In 2019, there were 1,473 cyberattacks. The U.S. is the most targeted county. How Can Hackers/Fraudsters Target Your Company? There are various types of methods that hackers use to target and execute fraud upon your company. Some of those include:

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