Security News > 2021 > December > Watch out for Christmas 2021 credential stuffing attacks!

A research from Arkose Labs has revealed that there were over two billion credential stuffing attacks during the last 12 months, growing exponentially during the period from October 2020 to September 2021.

According to the research analysts, last year credential stuffing rose 56% during the Christmas and New Year shopping period, with predictions that this same period in 2021 will see up to eight million attacks on consumers every day.

One heavily attacked social media organization saw 1.5 million credential stuffing attacks in just one week.

Kevin Gosschalk, CEO at Arkose Labs commented: "The global ecommerce landscape is more connected than ever before and personal information has become the currency of fraudsters. Credential stuffing is prolific. It's become an enormous concern to online businesses and is fast overtaking other well known attack tactics, such as ransomware, as THE cyber attack to watch out for."

Nearly 50% of attacks targeting the gaming industry were credential stuffing attacks.

Mobile-based attacks made up nearly one-quarter of all attacks during 1H 2021.

News URL

https://www.helpnetsecurity.com/2021/12/23/2021-credential-stuffing-attacks/