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Ransomware in the Construction Industry

Ransomware in the Construction Industry

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Ransomware is surging in the construction industry, with 13.2% of companies hit in the past year. As attacks increase in frequency—one every 11 seconds—they now cost businesses $20B annually. Construction firms are especially at risk due to scattered teams, complex workflows, and thin margins. The average attack causes 15 days of downtime and over $4M in damages. Most begin with phishing, and ransom demands have nearly doubled in a year. Egnyte helps construction companies defend against ransomware with early detection, strong protection, and rapid recovery—safeguarding data and minimizing costly disruptions.

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