Security News > 2022 > August > Credential Theft Is (Still) A Top Attack Method

Credential Theft Is (Still) A Top Attack Method
2022-08-15 16:27

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.

Healthcare facilities use internet-enabled devices to quickly share data, access patient records, and grant access to remote vendors to connect to machines.

Since a lot of that involves connecting devices to the internet and granting remote access to third-party vendors as we've just seen, it also means introducing risk at each access point.

We're creating a potential gateway for a bad actor to exploit every time we create a password that leads to a critical resource, whether that password is meant for an internal or external user.

Either way, protecting credentials by using password vaults is arguably the best way to manage passwords and ensure they stay out of the wrong hands.


News URL

https://thehackernews.com/2022/08/credential-theft-is-still-top-attack.html