Blog:
The importance of information security for Asset Information Management
Managing asset information securely is not just a best practice – it’s a necessity. As more asset owners are relying on digital solutions to manage their assets, the risk of data breaches and cyber attacks increases. We take a look at why information security is vital for asset information management and how asset owners can ensure their asset information is secure
Information security best practices for asset management
As buildings become smarter and more reliant on digital systems, the risks associated with cyber threats and data breaches increase. Effective information security measures are essential to protect sensitive data, ensure operational continuity, comply with regulations and maintain the trust of tenants and stakeholders. Here’s why information security is particularly important for building owners:
The risks of inadequate security
When asset information is not properly secured it can raise several risks:
- Data breaches: Unauthorised access to sensitive data can lead to significant financial losses and damage to reputation.
- Operational disruptions: Cyber attacks can disrupt the operations of critical assets, leading to downtime and lost productivity.
- Regulatory non-compliance: Failure to secure data properly can result in non-compliance with industry regulations, leading to legal penalties.
- Loss of trust: Clients and stakeholders expect their data to be protected. Security breaches can erode trust and damage relationships.
Essential security measures for asset owners
Here are some key security measures that asset owners should ensure their Asset Information Management Common Data Environment (AIM CDE) should have to safeguard their data:
End-to-end encryption
All communications within the AIM CDE should be encrypted end-to-end. This means that data is encrypted before it leaves your device and remains encrypted until it reaches the intended recipient. Additionally, files at rest and database replication channels should be strongly encrypted, ensuring data protection at all stages.
Restricted access
Access to the software should be strictly regulated. This includes making sure access permissions and roles are actively managed so users can only access the information they need to. Login access should also use two-factor or multi-factor authentication to ensure only authorised users can access sensitive data.
Resilience and recovery
By maintaining a master record system, an AIM CDE ensures operational continuity, even during disruptions. In the event of a cyber attack or data loss, having backup data within the AIM CDE allows for swift recovery, minimising downtime and mitigating potential damages. This is particularly crucial during contract handovers. A secure and reliable repository of all essential information ensures operations can continue smoothly and efficiently despite any data-related challenges.
Security accreditations
There are a number of security accreditations that AIM CDE software providers can obtain to demonstrate their commitment to security. Industry-leading certifications include ISO 27001 and Cyber Essentials. For government projects, there are the Cyber Defence and Resilience (CyDR) standards and data sovereignty classifications.
Benefits of strong security practices
There are many benefits from Implementing robust security practices for asset information management:
- Enhanced data integrity ensures that all data is accurate, complete and protected from unauthorised changes.
- Improved compliance helps building owners to meet regulatory requirements and avoid legal penalties.
- Operational continuity reduces the risk of disruptions caused by cyber attacks and downtime.
- Demonstrating data security builds confidence among clients and stakeholders.
Security as standard
In today’s digital landscape, the importance of information security for asset information management should not be underestimated. Glider is committed to providing secure, reliable solutions that protect your data and support your operational needs. By implementing comprehensive security measures and obtaining leading security accreditations, we ensure that your asset information is in safe hands.
About gliderbim®
gliderbim® is a leading software-as-a-service platform for asset information management where protecting highly sensitive data is a given. It is designed to support complex projects and large and geographically dispersed property portfolios with robust security, high performance and scalability.
To learn more about our secure asset information management solutions get in touch for a personalised consultation.