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Phoenix TechnoCyber: Application Security
PROPERTY

Cyber Security in Property and Real Estate

Digitisation is playing an increasingly important role in the day-to-day operations of housing associations and property developers, helping these organisations to better communicate with tenants, clients and partners, improve efficiency and streamline services.

Organisations in the property sector hold vast quantities of confidential information relating to tenants, employees and partners and this makes them a target for hackers. These organisations must ensure they understand the rising threat of cybercrime and have the necessary people, technology and processes in place to mitigate the risks.

Common security challenges in property include

  • •   Maintaining the availability and accessibility of services
  • •   Ensuing payments are processed efficiently and securely
  • •   Protecting the personal data of buyers and tenants
  • •   Balancing technological transformation with security
  • •   Identifying and eliminating building management system vulnerabilities
  • •   Mitigating security risks within the supply chain
  • •   Complying with PCI and GDPR requirements
Key security questions in Property

  • •   How is buyer and tenant data processed and protected?

  • •   How often is digital infrastructure tested for vulnerabilities?

  • •   Are security controls in place to defend against targeted attacks?

  • •   Are systems able to identify threats that bypass the perimeter?

  • •   Is there a plan in place to detect, remediate and report breaches?

  • •   What systems and controls are in place to mitigate insider threats?

  • •   Is payment processing PCI DSS compliant?

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