Microsoft logs 600 million identity attacks per day as threat actors collaborate more

In its Digital Defense Report 2024, Microsoft disclosed tracking over 600 million identity attacks, revealing a significant rise as businesses move to cloud environments.

Microsoft's analysis indicates that even with multi-factor authentication (MFA) in place, threat actors are successfully bypassing it, largely due to infrastructure attacks.

Over 99% of identity attacks during the fiscal year were attributed to password-based attacks, including both phishing and brute force methods, highlighting the move towards passwordless solutions.

There were rising collaborations between state-sponsored threat actors and cybercriminals, complicating the identification of motivations behind increasingly sophisticated cyber attack methodologies.

Read at ITPro