Cyber ​​Risk and risks for professionals in the construction sector

The 110% Superbonus, introduced by Relaunch Decree, has allowed many Italians to receive tax incentives to renovate their homes as long as interventions are carried out in line with theenergy efficiency And anti-seismic.

The objective of the measure, in addition to an economic recovery, aims at the redevelopment, in terms of safety and environmental protection, of the building stock, which in Italy has over 1.2 million condominiums.

What are the risks?

However, every construction project presents risks: one of these is the exponential growth of cyber attacks which has highlighted new emerging needs also for professionals and companies operating in the construction sector.

Let’s see, therefore, in this scenario what the risk factors and how to protect ourselves.

According to the Cybersecurity & Data Protection Observatory, 59% of small and medium-sized businesses have exposed companies to greater security risks through the use of home networks and for 49% of them cyber attacks have increased: going from the simple violation of personal data on a computer to blocking an industrial activity is not that difficult. The risks are not exclusively related to the theft of intellectual property, data and programs, but also to the interruption of essential services and reputation.

Although cyber security is starting to represent a priority for many companies, investments are still lacking to date: in Europe, only 28% of SMEs make use of ICT risk assessment both due to reduced capital and a lack of awareness.

How to protect yourself

The best solution is to take out a policy to cover all possible expenses and losses.

We at Lokky offer customizable policies that start from basic packages up to «multi-risk» products for coverage of all expenses and losses resulting from cyber attacks plus recovery of lost data and decontamination of any malware.

Furthermore, with the introduction of the 110% SuperBonus, sworn workers are obliged to take out specific civil liability insurance coverage.

In particular, it is necessary for the qualified technician to sign and attach a professional liability insurance policy to guarantee compensation for damages inadvertently caused to his clients and to the State Budget during the performance of the certification activity.