The Download
Major cyber security events continue and will continue to happen, evidenced by the recent Johnson Controls attack mentioned below. Now more than ever, it's vital to secure your networks, specifically the operational technology that is utilized throughout the properties within your organization. This is especially true for multifamily organizations installing property technology across their facilities. Learn more about how to secure these types of technology and the Johnson Controls attack below. Don't forget to also download 5Q's new whitepaper on the SEC's new rulings on cyber event disclosures. Find the whitepaper here.?
Bricks & Bytes
5Q performs a lot of cyber security assessments on OT networks. We continue to see many systems connected directly to the internet with no cyber security. Are you sure your building systems are not open to the internet for anyone to attack?
In the News:?
Johnson Controls International has confirmed that a September 2023 ransomware attack cost the company $27 million in expenses and led to a data breach after hackers stole corporate data.
To read the full article, click here.
5Q Thought Leaders
Data breaches are becoming increasingly common and costly, and multifamily businesses face unique challenges in safeguarding sensitive information. Therefore, multifamily businesses must prioritize cyber security and establish robust defense mechanisms to mitigate the risks associated with data breaches.
NEW SEC RULING
The latest SEC Ruling on cyber security governance requires companies to disclose material cyber security incidents they experience and to report, on an annual basis, material information regarding their cyber security risk management, strategy, and governance.?
Thank You!?
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