The 2025 Travelers Risk Index, a survey of more than 1,200 business decision-makers, found three out of four respondents in construction said cybersecurity is a priority supported by senior management, according to For Construction Pros.
With more construction companies moving portions of their operations online, they face an increased risk of cyberattacks, such as ransomware or breaches that access sensitive information.
The survey shows concern about cyber incidents has decreased; 56% of survey respondents said they worry a great deal or some about cyber threats, which is down from 62% in 2024. Among large companies, 62% of leaders view an attack as inevitable compared with 70% in 2024.
Although concern has declined, cyber incidents have increased. Twenty-five percent of respondents said their company has experienced a data breach or cyberattack during the past year, which is the ninth increase in 10 years. Additionally, more than 20% of companies said they had not taken basic protective steps, such as installing firewalls, backing up data, enforcing regular password changes or updating software.
To help contractors address cyber liability risk, NRCA has partnered with BPM Insurance Services and Acrisure to offer NRCA’s Cyber Liability Insurance Program.
