This presentation explores how digital transformation is reshaping cyber exposure in the construction industry and what risk managers and insurance buyers must do to stay ahead. As contractors, project owners and their supply-chains increasingly rely on BIM platforms, cloud-based project management tools, IoT sensors and connected equipment, cyber events have the potential to halt field operations, corrupt design files, disrupt schedules and trigger costly liquidated damages. Panelists examine the most pressing emerging threats — ransomware, OT/IoT compromise, vendor vulnerabilities and data integrity risks — and discuss why cyber is no longer just an IT issue but a core project-delivery and enterprise-risk concern.
With an insurance risk-transfer lens, the session breaks down how cyber coverage is evolving for construction and where traditional policies fail to respond. Underwriters, risk leaders and incident response specialists outline practical strategies for integrating cyber insurance into project risk budgets, improving contractual risk allocation with subcontractors and aligning coverage with project exposures.