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Tuesday, January 28, 2020

Manufacturing Among Top Three Industries Affected By Cyber Attacks

Why are manufacturers so susceptible to cybersecurity attacks?

First, hackers are now out for intellectual property - innovative processes, proprietary plans, confidential formulas, etc. - which can make it incredibly easy (and cheap, due to bypassing R&D) to copy your products and sell them for less. According to a Verizon report, over 30 percent of data breaches at manufacturing companies involved the theft of IP. This accounts for the increase in these cyber attacks.

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