Building Cyber Security: The Growing Threat and Solutions Offering ROI
Friday, October 08, 2021: 2:45 PM - 3:45 PM
Cyber and ransomware attacks to automated building management systems threatening tenant safety can extract a catastrophic price on building owners and managers. According to the World Economic Forum, cyber-attacks are cited as No. 2 in the top 10 global business risks. Gartner predicts 75% of CEO’s will be personally liable for cyber-physical security incidents by 2024. Gartner also predicts that the financial impact of CPS attacks resulting in fatal casualties will reach over $50 billion by 2023. This session will educate attendees on the growing cyber threat to the technologies in buildings, and the progress of industry stakeholders to develop a national framework of protections to promote investments to enhance safety and health.