Data Loss Prevention, Insider Risk

Protecting and Securing Manufacturing Intellectual Property

The theft of intellectual property is likely at the top of your list of concerns. The manufacturing industry generally shares your concern – intellectual property theft is considered the #1 cyber threat facing manufacturers today, as well as being the top data protection concern . With 90% of data breaches in the manufacturing industry involving intellectual property1, the focus on intellectual property is justified.

A material 39% of manufacturing organizations experienced a breach in the last 12 months 2 with 38% of organizations affected incurring losses of more than $1 million. While breaches aren’t necessarily related to intellectual property, 35% of executives stating they believe intellectual property theft was the primary motive for the cyberattacks experienced by their company 2.

So, what’s needed is a means to have complete visibility into every action performed by anyone interacting with intellectual property – every application used, webpage visited, record copied, file saved, print screen generated, and page printed. Only then will the organization truly know whether their intellectual property is secure.

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Employee Monitoring Resources

2024 Insider Risk Preparedness Checklist

2024 Insider Risk Preparedness Checklist

Odds are that your organization will experience at least one threat in 2024, if not more than one. IBM estimates that a single threat costs an organization an average of $4.35 million, not to mention the work to contain and clean up, and the potential damage to the...