Frost & Sullivan Report: CYBERSECURITY IN SMART BUILDINGS “INACTION IS NOT AN OPTION ANYMORE”

F&S_Cyber This Cybersecurity seminal document, written by Konkana Khaund, Principal Consultant, Energy & Environment, at Frost & Sullivan, takes a “History Channel” look at the whole story of Cybersecurity, detailing the origin of our vulnerabilities, to our present and rather disparaging status. Cyber attacks, by their seeming distance from our doorstep, pose significant challenges to all building purveyors, especially those who possibly ignore or dodge an unspecified responsibility — to secure their building’s vital operational technologies.

On a national level, smart buildings professionals and their C-Suite colleagues, must willingly and wittingly rise to the challenges that Cybersecurity poses. They need to take Cybersecurity guidance seriously, like the stuff contained in this white paper, to the respective Nth degrees required for their buildings. The consequences are knocking at every stakeholder’s door: The SEC Enforcement Division’s Asset Management Unit’s September, 2015 decision and its strong warnings; Cyber insurance premiums are absolutely surging (insurance companies, or an agency they hire, will soon be testing your Cybersecurity keyholes and your Cybersecurity measures or lack of them, to set your premiums; and Smart Core’s Fred Gordy reports that our current Cybersecurity situation represents a potential Cyber Pearl Harbor!

Delivered as a bonus to the attendees at the 2015 Lynxspring Exchange, “CYBERSECURITY IN SMART BUILDINGS INACTION IS NOT AN OPTION ANYMORE,” is a must read because it provides a unique and in-depth collaborative perspective, pooling eclectic insight from these industry experts: Michael Pyle, Vice President of Cybersecurity, Partner Business, Schneider Electric; Mark M. Duszynski, VP Business Development, Federal, Building Efficiency, Johnson Controls, Inc; Deb Noller, CEO, Switch Automation, Inc; and Marc Petock, Vice President, Marketing, Lynxspring, Inc.

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