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03/20/2021
3 in 4 companies have experienced account takeover attacks in the last year
Helpnetsecurity.com
The COVID-19 pandemic has accelerated cloud migration and digital transformation amongst 88% of companies and that 71% of Microsoft Office 365 deployments have suffered an account takeover of a legitimate user’s account, not once, but on average seven times in the last year, Vectra reveals.
The fact that 3 in 4 companies have experienced malicious account takeover attacks highlights the need to track and secure identities as they move from on prem to the cloud. Just one in three security professionals believe they could identify and stop an account takeover attack immediately, the majority expect to take days or even weeks to intercept such a breach.
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