As commercial buildings get ‘smarter,’ concerns rise over cybercrime

November 15, 2013, was the day that put cybercrime on the map in the U.S. commercial real estate world. In one of the largest data breaches on record, a team of hackers nabbed payment card records and personal information of nearly 110 million Target store customers worldwide.

The retail giant took a massive hit to its reputation, as well as its pocketbook. (Target reported a gross financial loss of $252 million related to the cybercrime.)