Infostealers are particularly dangerous due to their ability to bypass traditional security measures, including multi-factor authentication (MFA), rendering many defenses ineffective. SpyCloud also highlighted the rise of Malware-as-a-Service (MaaS), which allows even low-skilled attackers to deploy advanced malware and target businesses on a massive scale.
The report emphasizes the importance of upgrading defenses beyond basic antivirus and password protection, particularly as new strains of malware emerge with advanced encryption and stealth capabilities. Organizations are urged to focus on resetting compromised credentials and monitoring session cookies to mitigate the long-term risks associated with these attacks. In Europe and North America, companies remain vulnerable, with only a fraction of organizations adequately protected.
SpyCloud’s research calls for next-generation cybersecurity solutions, highlighting the need for more robust, multi-layered defenses to combat the growing wave of identity theft, infostealers, and ransomware. Businesses must act swiftly to address these vulnerabilities, as traditional security methods alone are no longer sufficient to prevent the wide-scale impact of cybercrime.
Source: HackRead
The European Cyber Intelligence Foundation is a nonprofit think tank specializing in intelligence and cybersecurity, offering consultancy services to government entities. To mitigate potential threats, it is important to implement additional cybersecurity measures with the help of a trusted partner like INFRA www.infrascan.net, or you can try yourself using check.website.