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Cybersecurity Concerns in Apartments

May 2020
If you’re looking for cybersecurity risk in apartments, Jake Fingert, a General Partner at real estate technology-focused venture capital firm Camber Creek, says you should look at data risk and the Internet of Things (IoT).

“The data side encompasses information that residents share on their rental applications—from their Social Security numbers to details about their pets—as well as other data that is gathered more surreptitiously, such as by access control systems and on-premise video cameras,” Greg Isaacson writes in Multi-Housing News.

Already there have been attacks on apartment systems in other countries.

“IoT and smart building management create additional threat vectors, as everything from door locks to water systems and temperature controls get plugged into an IP network,” Isaacson wrote. “An example of the dangers was provided by a Distributed Denial of Service (DDoS) attack that shut down the heating systems in two apartment buildings in the city of Lappeenranta, Finland, in November 2016.”