One of the biggest threats facing both large and small businesses alike goes by the moniker credential stuffing. In these attacks, the bad guys count on our reuse of passwords across two or more logins, and once they find a user name/password that works, they try to use that information to break into our other accounts. Akamai, in its latest State of the Internet report, says that it has seen over 193 billion credential stuffing attacks in 2020. These attacks can cost billions of dollars annually, when adding up the cost of remediating the problem, handling all the user calls for password resets, and changing other operations. The office of New York Attorney General Letitia James has found thousands of posts containing login credentials that had been tested in credential stuffing attacks. In order to combat credential stuffing attacks, James’ office recently released a business guide.
You can read more about ways to fight credential stuffing attacks in my latest post for Avast’s blog here.