Security News > 2020 > October > Number of corporate credentials exposed on the dark web increased by 429%

While there has been a year-over-year decrease in publicly disclosed data breaches, an Arctic Wolf report reveals that the number of corporate credentials with plaintext passwords on the dark web has increased by 429 percent since March.

For a typical organization, this means there are now, on average, 17 sets of corporate credentials available on the dark web that could be used by hackers.

With access to just one corporate account, attackers can easily execute account takeover attacks, which allow them to move laterally within an organization's corporate network and gain access to sensitive data, intellectual property, competitive information, or funds.

The sharp increase in corporate credential leaks underscores the need for organizations to have dedicated 24×7 monitoring of their network, endpoint, and cloud environments in order to prevent targeted attacks that could happen at any time.

COVID-19 increasing the number of security operations challenges A 64 percent increase in phishing and ransomware attempts - Hackers have created new phishing lures around COVID-19 topics and adapted traditional lures seeking to take advantage of remote workers.

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