Last edited 07 Apr 2021

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Mitigating online risk

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[edit] Introduction

Given the digital era in which we now live, mitigating risk, particularly online risk, has become increasingly important.

According to a survey of construction, engineering and infrastructure workers carried out as part of the 2019/20 Kroll Global Fraud and Risk Report, 45% of construction industry companies have been hit by damaging internal information leaks. In comparison, 39% of non-construction companies were impacted by the issue in 2019/2020.

While the risk of cyber attacks is widespread and rapidly evolving, there are proactive measures organisations can take to help prevent their valuable data, documents and many other online resources from becoming compromised. One of these measures involves making sure their platforms and systems are focused on providing robust levels of information security for the short and long term.

[edit] Security initiatives

Companies can demonstrate and reinforce their cyber security by completing one of the Government-backed programmes that is specifically designed to help protect them from the most common cyber attacks.

Some programmes (such as Cyber Essentials) allow organisation to undertake self-assessments and external audits in order to achieve certification acknowledging extra levels of cyber security. These programmes can also potentially enable organisations to protect themselves from experiencing cyber attacks on a much wider scale.

By warding off the most common online risks, organisations are less likely to attract more in-depth unwanted attention from cyber criminals and wider similar threats.

--3D Repo 14:00, 19 Mar 2021 (BST)

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