Cybersecurity Threats in Multifamily - Grace Hill

Take Action To Protect Against Cybersecurity Threats in Multifamily

Operating a company without having a cybersecurity plan is risky business. With advancements in technology moving at such a fast pace, it’s critical to implement strong security measures, educate your employees, and have a plan in place for a cyber attack.

Cybersecurity Affects Every Business

Businesses of all sizes, in all industries, and anywhere in the world are at risk. The multifamily industry is an especially valuable target for cyberattacks. We collect lots of sensitive information, such as SSNs, birthdates, and previous addresses. One breach could be worth hundreds of thousands in damage (and more)!

How To Protect Your Properties & Business

Implement strong security, such as firewalls and antivirus software.

Educate employees about cybersecurity risks and best practices.

Create policies to prevent a cyberattack & have a plan in place in case it happens.

Cybersecurity Affects Every Business

Cyberattacks come in many forms and fashions, with varying levels of sophistication. They target businesses of every size, type, and location. According to the FBI, an estimated 693,000+ cybercrime complaints were filed annually in recent years.

Unfortunately, it’s likely not a matter of “if” your business will fall victim to a cyberattack but “when.”

Educate Your Team About the Risks

  • Highlight the importance of cybersecurity to employees and the risks they face.
  • Train employees on all types of cyberattacks, like phishing attacks, ransomware attacks, and data breaches.
  • Inform the team on how to protect themselves and the business from threats. Even simple training, like using strong passwords, goes a long way toward prevention.
Data professional and secretary typing an email on a laptop and doing online research while working in an office. African entrepreneur looking focused while using the internet for work.
Data professional and secretary typing an email on a laptop and doing online research while working in an office. African entrepreneur looking focused while using the internet for work
data, professional, secretary, typing, african, laptop, office, looking, working, work, online, internet, entrepreneur, email, profession, focused, woman, business, businesswoman, female, young, beautiful, alone, adult, computer, sitting, technology, inside, glasses, person, desk, lady, reading, worker, serious, businessperson, confident, thinking, it, modern, copyspace, tech, indoors, job, executive, formal, indoor, adults, company, boss

Training your employees on how to prevent cyberattacks is a solid part of a successful cybersecurity plan.

Grace Hill has the training you need specifically for your multifamily business.

Shot of a business team using a digital tablet while having an informal meeting.
Using technology to take brainstorming to the next level. Shot of a business team using a digital tablet while having an informal meeting.
business, businessperson, tablet, woman, people, natural, adult, working, work, inside, corporate, professional, indoors, job, authentic, businesspeople, workplace, staff, career, occupation, profession, well dressed, white collar, man, female, women, happy, group, male, standing, men, looking, businessman, team, technology, meeting, holding, person, real, casual, businesswoman, ethnic, together, online, caucasian, worker, teamwork, digital, modern, copy space

Create a Cybersecurity Plan

  • Start with policies to guide employees on how to implement important safeguards to protect the business.
  • Build a plan detailing how to respond to cyberattacks. Make the plan available in a central location, instantly accessible by everyone.
  • Communicate updates and additions to cybersecurity policies to keep everyone informed about threats.

Have a plan. Communicate the plan.

Grace Hill has the policies you need to help protect your business.

Cybersecurity Resources

Cybersecurity for Office Workers

 The Importance of a Strong and Secure Password

 Cybersecurity and Property Management: How Safe are You?

Scroll to Top