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Password attacks rise to 921 every second globally: Microsoft report

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A Microsoft report said the volume of password attacks has risen to an estimated 921 every second globally — a 74 percent increase in just one year.

From July 2021 to June 2022, tech giants digital defense teams prevented 34.7 billion identity threats and 37 billion email threats.

According to the “Digital Defense 2022 Report,” attackers are adapting and finding new ways to implement their technologies, further complicating how and where the infrastructure hosts campaign operations.

Attacks against remote management devices are on the rise, with more than 100 million attacks observed in May 2022 – a fivefold increase in the last year.

The results showed that “to reduce overheads and enhance the appearance of legitimacy, attackers hit business networks and devices to host phishing campaigns, malware or even use their computing power to mine cryptocurrency.”

Human-operated ransomware is the most prevalent, with a third of the targets being successfully hacked by criminals using these attacks and 5 percent of them are released.

About 93 percent of Microsoft ransomware incident responses revealed inadequate controls over access to privileges and lateral movement.

The report noted that the most effective defense against ransomware includes multi-factor authentication, frequent security patches, and zero-trust principles across the network architecture.

Microsoft said it collects 43 trillion signals daily, using complex data analytics and artificial intelligence algorithms to understand and protect against digital threats and criminal cyber activity.

State actors launch increasingly sophisticated cyber attacks aimed at evading detection and advancing their strategic priorities. Cybercriminals have begun to use advances in automation, cloud infrastructure, and remote access technologies to attack a wider range of targets,” the company said.

So far, Microsoft has removed more than 10,000 domains used by cybercriminals and 600 domains used by nation-state actors.

The report warned that “foreign actors use highly effective techniques – often mirroring cyberattacks to enable the influence of propaganda to erode trust, influence public opinion and increase polarization – both domestically and internationally.”

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