Two-thirds of 2021 data breaches were due to credential theft, errors, and social attacks. Hackers are focusing on social engineering and spear-phishing tactics to gain the trust of unsuspecting victims and compromise their credentials. Sophisticated attacks are becoming increasingly common as hacking and phishing tools, along with documentation on how to use them, are readily available online to hackers. This has significantly lowered the barrier for entry for hackers with time and resources to target organizations, gather information about security controls that organizations have implemented, and execute an attack to bypass those controls.
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