Identify and Address Data Privacy and Cybersecurity Risks with New NAHB Resources
NAHB recently launched data privacy and cybersecurity resources to educate members on the risks associated with the modern technology environment.
Over the last several years, data breaches and ransomware attacks have increased exponentially, with hackers targeting large and small businesses across virtually all industries. As a consequence, business owners need to be much more proactive about identifying ways to protect their business and customer data from these cyber threats.
Because a data breach or ransomware attack can stop a business in its tracks, and take weeks or even months to resolve, business owners should take steps to identify their risks, understand the data they have, and develop plans to help mitigate against those risks.
To help residential construction industry members, under the leadership of Chairman Gary Hill and Immediate Past Chairman Randy Strauss, NAHB’s Construction Liability, Risk Management, and Building Materials Committee has developed a number of resources for members to learn more about these risks so they can take steps to keep the data of their clients, contractors, and partners safe from theft or catastrophic loss.
Developed with assistance from Philip R. Stein, Esq. of Bilzin Sumberg, the resources include a guide, Cybersecurity – What You Need to Know, as well as a Cybersecurity Assessment and Checklist, and Sample Data Security Clauses for Vendor Contracts.
These and other resources can be found on the NAHB Data Privacy and Cybersecurity page on nahb.org.