Email has become crucial in construction, and for good reason: most projects rely heavily on coordinating with suppliers and subcontractors over email at multiple steps of the process!
However, this convenience also brings a significant threat: phishing attacks. Construction firms face many phishing incidents where bad actors send emails to deceive recipients into believing they are legitimate. This kind of fraud easily leads to financial losses and damage to the company’s reputation, making it much more than a nuisance…
At Bizzie Tech Services, we help construction companies safeguard email communication with enterprise-grade cybersecurity solutions. Learn more.
Understanding the Threat: Phishing in the Construction Industry
Construction firms are especially susceptible to phishing scams. In contrast to other sectors, construction frequently entails substantial financial outlays and delicate project details. Phishing scammers know this and create emails that look like real bid requests or project updates from reliable suppliers to take advantage!
According to a 2022 study by Verizon, 82% of data breaches involved human error, including phishing attacks that target unsuspecting employees.
The High Cost of Falling for Phishing Scams
If a phishing attack succeeds, your company becomes a victim. For instance, scammers might unlawfully take funds by rerouting payments to accounts. They could access vital project information, resulting in project delays and higher expenses.
Your reputation as a firm is on the line as well: a successful phishing attack has the potential to make it much more challenging to attract and maintain clients.
Some recent statistics highlight the cost of these attacks:
- IBM’s Cost of a Data Breach Report (2024): Average breach cost = $4.88 million.
- CISA reports 30% of targeted phishing emails are opened by recipients.
- Over 90% of successful cyberattacks start with phishing emails.
Don’t leave your construction projects at risk. Partner with Bizzie Tech Services for proactive phishing defense and IT monitoring. Contact us today.
Why Construction Companies Are TargetedConstruction companies face unique challenges that make them vulnerable:
Frequent Supplier Communication – Scammers impersonate suppliers and partners, sending fake invoices or project updates.
- Mobile Workforce – Employees in the field rely on mobile devices, which are less secure and more prone to distractions.
- High Turnover – New hires often lack training in identifying phishing emails.
Best Practices for Phishing PreventionProtecting your construction business requires a proactive, layered defense strategy:
1. Invest in Email Security Tools
Software such as Microsoft Defender, Proofpoint, Sophos, and IRONSCALES use AI to filter out phishing attempts. Partnering with a qualified IT provider like Bizzie Tech Services ensures seamless setup and management.
2. Regular Employee Training & Simulations
Teach staff to spot phishing emails and run mock phishing tests. Employees who fall for simulations can then receive additional training without risking real losses.
3. Verify Financial Transactions
Always confirm unusual payments or invoice changes with a phone call or secondary approval. A small step can prevent devastating fraud.
Need help implementing these safeguards? Bizzie Tech Services offers tailored cybersecurity training and advanced phishing protection for construction businesses. Explore our services at www.BizzieTechServices.com.
Moving Forward with a Proactive Approach
We hope this blog has helped you start thinking about how to safeguard your construction company against phishing scams effectively! Being proactive here is a must, and fostering a culture of alertness will significantly minimize your chances of succumbing to phishing attempts in the future.
Of course, phishing is just one piece of the puzzle…
Visit to strengthen your IT security and protect your projects today!