Infostealers-as-a-Service Push Identity Hacks to Record Highs

Identity-based cyberattacks have surged by 156% due to the availability of Phishing-as-a-Service (PhaaS) platforms and infostealer malware. These attacks, often bypassing multi-factor authentication, target user logins and identity information, leading to financial crimes like Business Email Compromise (BEC) and cryptocurrency theft. Organizations and individuals are advised to enhance cybersecurity measures, including adopting phishing-resistant authentication and continuous monitoring.