Third-Party Access: The Cyber Risk Manufacturers Can’t Afford to Ignore

Nearly 20% of all data breaches in recent years involved a third-party vendor, and they weren’t minor. According to IBM’s Cost of a Data Breach Report, breaches tied to third-party access took an average of 26 days longer to identify and cost more than those that didn’t – $4.46 million per incident compared to the global average of $4.35 million.¹ In manufacturing, where operations rely on a web of suppliers, contractors, and remote service providers, this risk becomes even more pressing. When just one external connection is compromised, the impact can cascade – halting production, leaking sensitive data, or exposing […]

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