Average financial services employees have access to over 10 million files

data retention

A new Data Risk Report from Varonis reveals that an average financial services employee has access to nearly 11 million files and for larger companies the number is 20 million.

This level of exposure means that if just one employee clicks on a phishing email there is potentially a huge amount of sensitive information at the hacker's fingertips.

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Among other worrying findings are that 20 percent of all folders are open to every employee. Nearly two-thirds of companies have over 1,000 sensitive files open to every employee. On average, 69 percent of all financial services data is stale.

In addition 39 percent of companies have over 10,000 stale -- but enabled -- user accounts, and about 60 percent of companies have more than 500 passwords that never expire.

You can get the full report from the Varonis blog and there's an infographic summary of the findings below.

Photo credit: Elena Elisseeva / Shutterstock

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