{"id":15279,"date":"2019-05-08T11:00:03","date_gmt":"2019-05-08T19:00:03","guid":{"rendered":"http:\/\/www.palada.net\/index.php\/2019\/05\/08\/news-9028\/"},"modified":"2019-05-08T11:00:03","modified_gmt":"2019-05-08T19:00:03","slug":"news-9028","status":"publish","type":"post","link":"https:\/\/www.palada.net\/index.php\/2019\/05\/08\/news-9028\/","title":{"rendered":"Real Estate:\u00a0 How to Manage Cybersecurity Risk in Smart Buildings"},"content":{"rendered":"<p><strong>Credit to Author: Annick Villeneuve| Date: Tue, 07 May 2019 20:34:08 +0000<\/strong><\/p>\n<h2>Cybersecurity in smart buildings<\/h2>\n<p>There is no question, smart buildings are becoming more commonplace in today\u2019s real estate portfolios, and cybersecurity is a critical consideration.\u00a0 In an in-depth, 2 part blog post earlier this year called <a href=\"https:\/\/blog.schneider-electric.com\/building-management\/2018\/05\/01\/buildings-re-invented-part-1-megatrends-driving-rapid-building-evolution\/\">Buildings Re-invented<\/a>, Schneider EVP and blog author <a href=\"https:\/\/blog.schneider-electric.com\/author\/lbataille\/\">Laurent Bataille<\/a> highlighted many of the\u00a0 current Smart Buildings megatrends and illustrated the benefits of turning \u201cbuildings data chaos into meaningful insights.\u201d There is little question that smarter buildings that leverage Internet of Things (IoT) technologies and Cloud-based analytics can lead to an excellent return-on-investment and are undoubtedly the way of the future, but inherent in this opportunity are risks.\u00a0 Top among these risks are the cybersecurity vulnerabilities that can be inadvertently introduced when the new technologies are deployed without due consideration of how to protect those technologies and smarter systems from hackers and malware.<\/p>\n<h2>Cybersecurity and data<\/h2>\n<p>With enormous amounts of data flowing in and out of organizations, business leaders are keenly aware of the importance of cybersecure corporate systems and networks, but oftentimes the cybersecurity of real estate and building control systems are overlooked.\u00a0 According to an article by <u><a href=\"https:\/\/www.csoonline.com\/article\/2134368\/building-control-systems-can-be-pathway-to-target-like-attack.html\">CSO<\/a><\/u>, quoting Dwayne Melancon, chief technology officer for data security company Tripwire, \u201cgenerally what happens is some new business service needs network access, so, if there&#8217;s time pressure, it may be placed on an existing network, (without) thinking through all the security implications.&#8221; And Navigant research has <a href=\"https:\/\/www.navigantresearch.com\/news-and-views\/cybersecurity-will-define-market-leading-intelligent-building-solutions\">declared<\/a>, \u201cCybersecurity issues are expected to grow in tandem with the digital transformation of real estate through intelligent building technologies.\u201d<\/p>\n<p>As an executive who is responsible for a large real estate portfolio or a single Class A commercial building, this realization can be jarring. Cybersecurity can seem a complicated and daunting topic full of jargon, buzzwords and tales of catastrophe. Nevertheless, a smart building that lacks appropriate cybersecurity governance is a building that is susceptible to attack, opening up the building assets, data and the people who occupy the spaces to significant peril.<\/p>\n<h2>Addressing risks begins with conversation<\/h2>\n<p>Like many challenging issues, the first step in addressing these risks begins with a conversation. The people who manage the building control systems (operational technology, or OT) need to engage directly with the people who manage network and information security (information technology or IT). \u00a0To help facilitate that conversation, Schneider Electric\u2019s cybersecurity consulting specialists developed a practical framework for approaching the cybersecurity topic for smart building control systems. Here\u2019s the link: <u><a href=\"https:\/\/www.schneider-electric.com\/en\/download\/document\/BuildingSys\/\">\u201cA Practical Framework for Cyber Secure, Cloud Connected Smart Building Control Systems.\u201d<\/a><\/u> Consider it a guide for real estate executives who need to better understand some fundamentals of the OT\/IT cybersecurity topic. And if you need more direct support, our OT specialized <a href=\"https:\/\/www.schneider-electric.com\/en\/work\/solutions\/cybersecurity\/\">cybersecurity solutions<\/a> teams can walk you through a structured process for evaluating your current risk profile and help you to develop and execute a comprehensive cybersecurity strategy for your smart buildings.<\/p>\n<p>To conclude, I would like to share a customer conversation I had following a recent cybersecurity briefing.\u00a0 The customer told me \u201ccybersecurity in our buildings portfolio is becoming one of my top concerns.\u201d \u00a0\u00a0My answer to him?\u00a0 If it wasn\u2019t a concern before, it will become a concern soon!<\/p>\n<p>For more information on Schneider Electric&#8217;s solutions for Real Estate, visit our <a href=\"https:\/\/www.schneider-electric.com\/en\/work\/solutions\/for-business\/real-estate\/\">website<\/a>.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\/cyber-security\/2019\/05\/07\/real-estate-how-to-manage-cybersecurity-risk-in-smart-buildings\/\">Real Estate:\u00a0 How to Manage Cybersecurity Risk in Smart Buildings<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n<p><a href=\"https:\/\/blog.schneider-electric.com\/cyber-security\/2019\/05\/07\/real-estate-how-to-manage-cybersecurity-risk-in-smart-buildings\/\" target=\"bwo\" >http:\/\/blog.schneider-electric.com\/feed\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Credit to Author: Annick Villeneuve| Date: Tue, 07 May 2019 20:34:08 +0000<\/strong><\/p>\n<p>Cybersecurity in smart buildings There is no question, smart buildings are becoming more commonplace in today\u2019s real estate portfolios, and cybersecurity is a critical consideration.\u00a0 In an in-depth, 2 part&#8230;  <a href=\"https:\/\/blog.schneider-electric.com\/cyber-security\/2019\/05\/07\/real-estate-how-to-manage-cybersecurity-risk-in-smart-buildings\/\" title=\"ReadReal Estate:\u00a0 How to Manage Cybersecurity Risk in Smart Buildings\">Read more &#187;<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\/cyber-security\/2019\/05\/07\/real-estate-how-to-manage-cybersecurity-risk-in-smart-buildings\/\">Real Estate:\u00a0 How to Manage Cybersecurity Risk in Smart Buildings<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/blog.schneider-electric.com\">Schneider Electric Blog<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[12389,12388],"tags":[12425,12608,4500,17985,12456],"class_list":["post-15279","post","type-post","status-publish","format-standard","hentry","category-scadaics","category-schneider","tag-building-management","tag-cyber-security","tag-cybersecurity","tag-cybersecurity-whitepaper","tag-smart-buildings"],"_links":{"self":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/15279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/comments?post=15279"}],"version-history":[{"count":0,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/posts\/15279\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/media?parent=15279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/categories?post=15279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palada.net\/index.php\/wp-json\/wp\/v2\/tags?post=15279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}