Three Ways to Prevent Real Estate Hacks

Most people don’t think about the inherent risks in sharing files, Hurley writes.

NEW YORK CITY—Cybersecurity and security in general are critical areas of focus for real estate companies.  You may be confident that your IT department has implemented the right tools, such as a strong antivirus, antimalware and firewalling policy. However, if you have not trained your staff thoroughly and repeatedly, your company is only slightly secure. As is increasingly proven, there is no hole in security quite as gigantic as the one created by the users themselves.

As technology advances, real estate firms of all types face a variety of security issues.  Real estate private equity and investment firms generally have been prompted by the regulatory environment to step up investment in technology security, and to integrate security management into the culture.  In the age of the Internet of Things, property managers now have to secure commercial real estate infrastructure.