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Orgs are having a major identity crisis while crims reap the rewards

ID: f166823a-6728-5e40-b8ea-a64dbd9a2f42

STIX ID: report--f166823a-6728-5e40-b8ea-a64dbd9a2f42

Feed Name: The Register (Security)

Threat Score
75/100

Date Published: 2024-02-21

Date Updated: 2026-04-26

Author: Jessica Lyons

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Industry reports from IBM X-Force and CrowdStrike show a large surge in identity-based intrusions in 2023–2024, with stolen credentials, API keys, session tokens and MFA bypasses becoming dominant initial access methods; compromised cloud credentials and for-sale cloud assets are prevalent, phishing remains common but declined as attackers increasingly log in with valid accounts, and examples include cybercrime extortion by Scattered Spider and credential-phishing operations by Cozy Bear.

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