Cybercriminals use identities to target enterprises

A new report from IBM X-Force Threat Intelligence highlights an emerging global identity crisis as cybercriminals double down on exploiting user identities to compromise enterprises worldwide. The 2024 X-Force Threat Intelligence Index report records a 71 percent spike in cyberattacks caused by exploiting identity as using valid accounts has become the path of least resistance for cybercriminals, with billions of compromised credentials accessible on the Dark Web. In 2023, X-Force saw attackers increasingly invest in operations to obtain users' identities -- with a 266 percent uptick in infostealing malware, designed to steal personal identifiable information like emails, social media and… [Continue Reading]