Construction economists are not sugarcoating their outlook on the industry in 2020. The Equipment Leasing & Finance Foundation (ELFF) forecasts slower growth in the economy next year, and predicts equipment investment will be weak. The Associated General Contractors and the Association of Equipment Manufacturers also expect moderate growth in the construction market. Though not the rosiest picture, there are bright spots. In fact, equipment sales are actually on somewhat of an expansion track. Ken Simonson, AGC chief economist, forecasts growth … Read More
How to build disaster-proof buildings
The Importance of Cyber Security in the Construction Industry The time when cyber risk was mostly a data breach-related issue is over. With the explosion in ransomware attacks, business email compromises, fraud and stolen credentials, cyber is now everyone’s risk. And as it continues to increase, construction companies have become a target. Ransomware: The No. 1 Cyber Threat In construction, cyber risks may not seem like a relevant issue. The construction industry may not seem like an obvious target of … Read More
Architecture, Structures and Construction
The Importance of Cyber Security in the Construction Industry The time when cyber risk was mostly a data breach-related issue is over. With the explosion in ransomware attacks, business email compromises, fraud and stolen credentials, cyber is now everyone’s risk. And as it continues to increase, construction companies have become a target. Ransomware: The No. 1 Cyber Threat In construction, cyber risks may not seem like a relevant issue. The construction industry may not seem like an obvious target of … Read More
Builder’s Risk Insurance Coverages and Exclusions
The Importance of Cyber Security in the Construction Industry The time when cyber risk was mostly a data breach-related issue is over. With the explosion in ransomware attacks, business email compromises, fraud and stolen credentials, cyber is now everyone’s risk. And as it continues to increase, construction companies have become a target. Ransomware: The No. 1 Cyber Threat In construction, cyber risks may not seem like a relevant issue. The construction industry may not seem like an obvious target of … Read More
Why They Need to Worry About Cyber Risks
The Importance of Cyber Security in the Construction Industry The time when cyber risk was mostly a data breach-related issue is over. With the explosion in ransomware attacks, business email compromises, fraud and stolen credentials, cyber is now everyone’s risk. And as it continues to increase, construction companies have become a target. Ransomware: The No. 1 Cyber Threat In construction, cyber risks may not seem like a relevant issue. The construction industry may not seem like an obvious target of … Read More
A Guide to Constructure at Any Age
Construction economists are not sugarcoating their outlook on the industry in 2020. The Equipment Leasing & Finance Foundation (ELFF) forecasts slower growth in the economy next year, and predicts equipment investment will be weak. The Associated General Contractors and the Association of Equipment Manufacturers also expect moderate growth in the construction market. Though not the rosiest picture, there are bright spots. In fact, equipment sales are actually on somewhat of an expansion track. Ken Simonson, AGC chief economist, forecasts growth … Read More