Credential Theft | Breaking Cybersecurity News | The Hacker News

Is your organization constantly under threat from credential phishing? Even with comprehensive security awareness training, many employees still fall victim to credential phishing scams. The result? Cybercriminals gaining immediate and unhindered access to sensitive data, email accounts, and other applications. But what if you could outsmart these criminals and protect your organization? Join  Graham Cluley , renowned cybersecurity expert and host of the Smashing Security podcast, and  Mike Britton , CISO at Abnormal Security, for an illuminating webinar that delves into the world of credential phishing and offers actionable insights. What Will You Learn? Understanding the Lure:  How attackers manipulate victims into submitting credentials, employing tactics such as generative AI. Why Victims Fall for the Trap:  A detailed look at why security awareness training may not always succeed in preventing employees from taking the bait. Effective Strategies to Combat Threats:  Compre

A hack-for-hire group that was  first exposed in 2019  has expanded its focus to set its sights on entities with business or political ties to Russia. Dubbed Void Balaur , the cyber mercenary collective has a history of launching cyberattacks against biotechnology and telecom companies since 2015. As many as 3,500 victims have been reported as of November 2021. "Void Balaur [...] primarily dabbles in cyber espionage and data theft, selling the stolen information to anyone willing to pay," Trend Micro  noted  at the time. Attacks conducted by the group are typically both generic and opportunistic and are aimed at gaining unauthorized access to widely-used email services, social media, messaging, and corporate accounts. Earlier this June, Google's Threat Analysis Group (TAG) took the wraps off a set of  credential theft attacks  targeting journalists, European politicians, and non-profit's mounted by the threat actor. "Void Balaur also goes after targets va

Credential theft is clearly still a problem. Even after years of warnings, changing password requirements, and multiple forms of authentication,  password  stealing remains a top attack method used by cyber criminals. The latest  report  from the Ponemon Institute shares that 54% of security incidents were caused by credential theft, followed by ransomware and DDoS attacks. 59% of organizations aren't revoking credentials that are no longer needed, meaning passwords can go unattended and dormant like a sitting duck (similar to what happened with Colonial Pipeline). And  Verizon's Data Breach Investigations Report  cites that nearly 50% of all data breaches were caused by stolen credentials. The stats don't lie. Cybercriminals are advancing, there's no doubt, but if there's an option to take the path of least resistance, they'll take it. Too often, that means compromising passwords and exploiting vulnerable access points.  Credential Theft and Critical Access