Page 57 - RC19 EDGE Spring All - final-2 - hi res

reader. However, the toll tag authority has credit card
and other personal information; if a compromise occurs AI
in the parking system, the attacker is a step away from
possibly compromising all the personal information.

Resilience is the better part of valor
A majority of large companies have a security plan in Best in class CRE Tech DNA
place, with a budget and the requisite security officers. TM
One statistic that’s disturbing though, is that only about REmaap is the ONLY software that combines a
a third of those companies have a good cybersecurity full range of capabilities into a single SaaS
and incident response plan in place—and have it fully platform – designed by CRE professional for CRE
tested. As we’ve all heard, “Companies have to be right professionals.
100 percent of the time and the bad guys only need to
be right once.” Cyber hackers are very nimble, and no Artificial Intelligence
company can defend 100 percent of the time.
Perfected for CRE
A response plan—with layers of security and defenses in
place—is necessary for prevention and early detection.
A response team should include:
Analytics
1. A forensics team to determine what happened
2. Your IT ‘SWAT team’ ready to deal with remediation
quickly Document Management
3. Your disaster recovery business continuity plan if
you’ve lost data Auto‐Annotation of documents
4. A law firm that understands how to manage cyber
events
5. A data privacy person (or law firm) that can advise Business Validation Scripts
on disclosure procedures (state- and country-
specific)
6. Your cyber insurance provider (if you don’t have this, API, ETL Import & Export
discuss with your insurance broker)
7. An external communications firm for public-
facing correspondence (to work with your internal Report Builder
corporate communications group)
8. Responsible business executive
Workflow Management
We must do more on both the corporate and the building
side to protect ourselves from cyber attacks. In the event
one occurs, we must be prepared to respond quickly
and appropriately. The word that comes to mind for that NTrust CRE Services:
is ‘resilience’. Organizational resilience is key for cyber
survival, along with the institutional will to do those Abstraction  Finance & Accounting
things. Administration  Due Diligence

Don Goldstein is the CEO at 5Q Cyber, where
he helps companies become more secure by
providing the full spectrum of managed cyber
security services. His past roles in the real
estate industry have included Chief Informa-
tion Officer and most recently, Chief Information Security www.ntrustinfotech.com 562‐207‐1600
Officer. He has twenty years’ experience in advising the CRE
industry in technology and security strategy. Irvine Atlanta Boston London Chennai

55

RC19 EDGE Spring All but Covers - final - 19APR.indd 55 4/19/19 3:17 PM