2.3B credentials were stolen in 2017: These industries suffered the most

In 2017, some 2.3 billion account credentials were stolen because of 51 independent credential spill incidents, according to Shape Security’s second annual Credential Spill Report. The main industries affected were consumer banking, retail, airline, and hospitality, which were primarily attacked via credential stuffing and account takeovers, according to Shape Security’s press release.

Credentials are often spilled through data breaches or personal attacks on users, in which cybercriminals obtain the credentials and use them on a wide array of websites and mobile apps, explained the press release.

Read more about the findings of the new report by Shape Security, which reveals the severity of data breaches and offers insight to the lifespan of stolen information, on TechRepublic.

Want to stop credentials from being stolen from your organization? It is hard. But you can learn lessons from experienced professionals who have made it much harder on bad guys. Start with a quick review of these Cybersecurity Best Practices from Crucial Point.





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