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Cyber Criminals have Multiple Angles of Attack

Retail and Manufacturing businesses are often very visible to the public and their clients, and the frequency and volume of transactions is enticing for fraudsters to attack. For instance, 43% of retail/service sector businesses have suffered phishing attacks – the most targeted industry – while 70% of consumers can correctly identify retailers that have been breached. Just-in-time manufacturing is no exception to this either – industrial control systems are increasingly the target of ransomware attacks, leading among the more than 2,600 ransomware complaints filed with the FBI in 2014 alone.

Any Retailer with Credit Card Numbers is a Target

Target and Home Depot’s data breaches, compromising tens of millions accounts, are definite headliners of retail cybersecurity case studies, but cyber criminals have commodified stolen data to such an extent that any retailer – brick and mortar or e-commerce – is at risk of a data breach. 91% of cyberattacks start with phishing attempts, while decentralized data systems and high vendor visibility leave retailers exposed to email fraud. What’s more, the average retailer only spends 4% of their IT budget on cybersecurity – a paltry sum for the risks entailed.

Manufacturers at Risk Due to Volume Business

Every manufacturer knows that an hour of downtime due to data breach or IT failure can lead to tens or even hundreds of thousands of dollars in lost revenue. One auto parts plant in North Carolina lost $270,000 per hour due to downtime caused by ransomware that entered their IT systems. The delivery method? An innocuous email that served as the entry point to the plant’s broader computer network – a threat that multiplies with every employee inbox on the network.

Manufacturers at Risk Due to Volume Business

Common Threats Create Common Challenges

Retailers and Manufacturers are at the heart of the consumer economy with plenty of employees that create various vulnerabilities cyber criminals can exploit. modusCloud offers email protection that keeps phishing, malware, ransomware, malicious attachments, dangerous URLs and even targeted attacks at bay, while encryption and archiving allow you to communicate securely and keep efficient records, addressing so many of the risks sprawling organizations may face.

Your First Step to Better Cybersecurity is Email Threat Protection

Most attacks start through email, and while the average bank spends as much as $2500 per employee on cybersecurity, retail and consumer goods companies invest only a fraction of that – about $400 per employee.
While you may be using a variety of systems for HR, payroll and other critical business functions, email is the communication tool that your employees use most frequently, where attacks are most likely to start,
and where modusCloud can keep you protected.

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Retail & Manufacturing

Manufacturers at Risk Due to Volume Business

Manufacturers at Risk Due to Volume Business

Common Threats Create Common Challenges

Your First Step to Better Cybersecurity is Email Threat Protection

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