Cyberattacks are fast becoming a part of our daily lives. Multiple sources such as Norton Security and Forbes suggest that since the pandemic, attacks are not only increasing in number, but they are becoming more targeted and sophisticated. The attackers using Ransomware as a Service and double extortion techniques are prime examples of how sophisticated attacks are becoming these days. Norton Security states that there are more than 2,200 cyberattacks on a daily basis.
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This blog was written by an independent guest blogger. Credential stuffing attacks essentially doubled in number between 2020 and 2021. As reported by Help Net Security, researchers detected 2,831,028,247 credential stuffing attacks between October 2020 and September 2021—growth of 98% over the previous year. Of the sectors that did experience credential stuffing during that period, gaming, digital and social media, as well as financial services experienced the greatest volume of attacks.