Although there are no federal data privacy regulations that deal with real estate, more states are enacting thorough data privacy legislation to safeguard the private information of their citizens.

These regulations typically endow customers with multiple rights. Data collecting, smart buildings, cyberattacks, consumer expectations, and other issues are some of the privacy and data security challenges that the real estate and construction sectors must deal with. Due to the quick acceptance of new technology, the construction sector has seen an incredible change in recent years. 

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Like any new tool, all of this new technology has the potential to increase productivity and efficiency within businesses, but it also comes with new dangers and liabilities. Today's construction company needs to be just as aware of and ready for cyberattacks and manage privacy concerns as they are for on-the-job hazards.