Username and password breaches increase by 450 percent

A new report from identity specialist ForgeRock reveals a massive 450 percent surge in breaches containing usernames and passwords globally. The report also finds that unauthorized access was the leading cause of breaches for the third consecutive year, increasing year-on-year for the past two years, and accounting for 43 percent of all breaches in 2020. While the number of 100-million plus record 'mega-breaches' fell, cybercriminals broadened their attack surfaces to include organizations of all sizes and across industries in attempts to seize valuable assets, so the total number of breaches rose. Breaches affecting smaller enterprises -- with many still involving… [Continue Reading]