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Business owners also
should consider cyber

insurance coverage.

If a breach or digital
theft occurs, the policy

can cover some or all

of a company’s losses.
And many policies for

small businesses are

affordable at around
$200 per month.

financial data,” said Hilton. of their information security
“If that data were to be practices. This includes identifying
exposed, there could be legal “ It really is not where important data is stored
and civil liability.” and how it is accessed – for
Hilton notes that a matter of if, example, are important files kept
construction companies, but when… on a cloud server? What is the
like most other businesses, security like on that server? – and
have numerous points of developing an incident response
entry for malicious hackers. And, of course, and business continuity plan in
“Many people connect how much it the event of an intrusion.
their company laptops and Vendors and suppliers should
tablets to public Wi-Fi,” she will cost.” also attest to their security
noted. “That could be a measures and be prepared to
vulnerability.” –Kristen Hilton provide documentation.
The first line of defense CIPP/US, an attorney with Business owners also should
is strong digital information SussmanShank LLP in Oregon consider cyber insurance coverage.
training for all employees, If a breach or digital theft occurs,
not just those that operate the policy can cover some or all
computers and other of a company’s losses. And many
connected devices. All policies for small businesses are
employees should be aware of phishing and other affordable at around $200 per month.
social engineering techniques that are popular with For more information on construction liability,
cyber criminals. contact David Jaffe at 202-266-8317.

Home builders must also conduct an audit NAHB JULY 2018

SEPTEMBER 2018 | GREATER SAN ANTONIO BUILDERS ASSOCIATION 17