How Hackers Phish for Your Users' Credentials and Sell Them
Nov 28, 2023
Cybercrime / Breach Prevention
Account credentials, a popular initial access vector, have become a valuable commodity in cybercrime. As a result, a single set of stolen credentials can put your organization's entire network at risk. According to the 2023 Verizon Data Breach Investigation Report , external parties were responsible for 83 percent of breaches that occurred between November 2021 and October 2022. Forty-nine percent of those breaches involved stolen credentials. How are threat actors compromising credentials? Social engineering is one of the top five cybersecurity threats in 2023. Phishing, which accounts for %of social engineering attempts, is the go-to method for stealing credentials. It's a relatively cheap tactic that yields results. As phishing and social engineering techniques become more sophisticated and the tools become more readily available, credential theft should become a top security concern for all organizations if it already isn't one. Phishing has evolved With phishing and s