• Businesses are facing inc

    From Mike Powell@1:2320/105 to All on Tue Apr 29 09:33:00 2025
    Businesses are facing increased identity-based attacks, and rouge
    applications are a top culprit

    Date:
    Mon, 28 Apr 2025 15:00:00 +0000

    Description:
    Many firms lost $100,000 and more to these attacks.

    FULL STORY

    Businesses are facing an increase in identity-based attacks, and rogue applications are the top culprit, research from the Huntress 2025 'Managed
    ITDR Report: Identity Is the New Security Perimeter'.

    Based on a survey of more than 600 IT and security professionals, Huntress
    new report states that two-thirds (67%) of organizations reported an increase in identity-based incidents in the last three years.

    Whats more, these attacks comprised more than 40% of security incidents for more than a third (35%) of organizations in the past 12 months alone.

    Huntress further claims that rogue applications are the number one concern here. Almost half (45%) or respondents said they encountered rogue and/or malicious applications in the past, while 46% described them as a top
    identity -based concern.

    To make matters worse, detection and response times are not keeping up. More than half (53%) said they need hours to detect such an incident, and
    two-thirds (68%) added that they were unable to detect or respond to the
    threat until the actors already established persistence.

    Huntress also warned that the financial impact of these attacks is
    significant. Aside from the downtime and reputational harm, the researchers found a third (32%) of businesses losing at least $100,000 as a result.

    Theres no denying identity is the new endpoint. With widespread cloud
    adoption, the shift to hybrid work, and an increased reliance on SaaS applications, the identity attack surface has exploded over the past few
    years, said Prakash Ramamurthy, Chief Product Officer at Huntress.

    Hackers are no longer wasting time breaking into networks the hard way.
    Theyre logging in using stolen credentials, session cookies, and access
    tokens to bypass endpoint protection and exploit weak multi-factor authentication.

    Not all is lost, though, as there are multiple methods, including zero-trust network access (ZTNA), that help mitigate this threat.

    ======================================================================
    Link to news story: https://www.techradar.com/pro/security/businesses-are-facing-increased-identit y-based-attacks-and-rouge-applications-are-a-top-culprit

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