Manufacturing firms lost $4.99 mn due to cyber breaches in 2020

The average breach in the manufacturing sector in 2020 cost enterprises $4.99 million, while the timeframe to contain the same was at an average of 220 days, according to a report by data security company Varonis.

The study found that every employee could access 6 million files on an average at the first day of the job, while one out 5 files were accessible to anybody in the organisation, smaller companies had unfettered access to almost 1 out of every 4 files.

On an average, an employee in the manufacturing sector had access to 27,000 files.


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