
In 2012 I began talking about cyber security related to our building control and facility systems and how this was one of the most important issues facing our industry. Since then we have seen cyber security incidents and vulnerabilities continue to be common and pose a global threat – no region or company is immune.
News of a cyber incident is nearly an everyday occurrence, while the scope and long-term damage associated with cyber incidents are escalating and at times, appear to not end. Take Target for example, we all know about the cyber incident that took place, yet the company is still dealing with ramifications---paying $67 million to Visa; $19 million to Mastercard; several on-going lawsuits; still trying to recover from a major hit to its brand and a loss in customer confidence.