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News You Can Use – Microsoft Reports 600 Million Cyberattacks a Day!

By Jeff Nolte

December 11, 2024

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AI cloud security cyberattacks cybercriminal cybersecurity Digital Defense Report endpoint detection identity protection layered security Microsoft Multi-factor authentication threat landscape threat response

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In today’s digital landscape, cybersecurity has become a huge concern for businesses of all sizes. Microsoft’s 2024 Digital Defense Report reveals a startling reality that demands immediate attention from business leaders.

The Escalating Cyber Threat Landscape

The volume and sophistication of cyber-attacks have reached unprecedented levels. Microsoft reports that its customers face over 600 million cyberattacks daily – targeting individuals, corporations, and critical infrastructure. This surge in cyber threats is being driven by the convergence of cybercriminal and nation-state activities, accelerated by advancements in AI.

Check out DataBreachToday’s coverage here

Evolving Attack Strategies

  • Password-Based Attacks and MFA Evasion – Despite the widespread adoption of multi-factor authentication (MFA), password-based attacks remain a dominant cyber threat, accounting for over 99% of all identity-related cyber incidents. Attackers are evolving their tactics, with an increase in phishing attacks in 2024, enabling them to bypass MFA protections.
  • Ransomware continues to be one of the most serious cybersecurity concerns, evolving from a financially motivated crime to a sophisticated geopolitical tool. The report noted an increase in attacks targeting critical infrastructure and various public and industry sectors.

What You Can Do

  • Implement Robust Identity Protection: Transition to passwordless solutions and adopt phishing-resistant MFA alternatives.
  • Enhance Cloud Security: Exclude unmanaged devices from the network and improve monitoring for cloud identity infrastructure.
  • Leverage AI for Defense: Utilize AI-powered tools for threat detection and faster threat triage.
  • Adopt Layered Security: Implement endpoint detection and response solutions with tamper protection features.
  • Conduct Threat-Informed Defense: Use threat-informed defense apps to view critical assets from an adversary’s perspective.

By taking these steps and prioritizing cybersecurity as a critical business imperative, you can better protect your organization from the ever-evolving cyber threat landscape. Remember, in today’s digital age, effective cybersecurity is not just about defense—it’s about enabling your business to thrive securely in an interconnected world.

We’ll continue to keep you informed about emerging Voice and IT news. Let’s talk about your business communications game plan for the upcoming year. Contact CTS today at 800.787.4848 or jnolte@ctsmd.us.

 

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