The article discusses the tension between the tech industry's push for passwordless authentication using passkeys and the security vulnerabilities that password managers face. As password managers become essential for login solutions amidst decreasing reliance on traditional passwords, they simultaneously attract cybercriminals eager to exploit these systems. Security experts emphasize that malicious actors have intensified their focus on password management tools, with research indicating a significant rise in malware targeting stored credentials. Despite effective encryption measures, risks remain high as attackers employ sophisticated techniques to compromise these storage solutions.
Password managers are high-value targets and face constant attacks across multiple surfaces, including cloud infrastructure, client devices, and browser extensions.
Earlier this year, Picus Security published research indicating that hackers are redoubling their efforts to break into password managers.
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