A survey by Beyond Identity found that over 80% of cloud professionals regard their password-based security measures as effective despite frequent reports of threat actors exploiting insecure password practices, according to TechRadar.
Over 30% of respondents stated that they were very confident in their password security, according to the survey, which cited prior research showing that 80% of cybersecurity breaches are made possible by compromised user identities.
The survey also found that many cloud professionals have complaints about hygiene requirements for password-based security strategies, specifically citing the need to remember multiple passwords, regularly change them and to formulate long and complex strings as their top frustrations.
Regarding phishing activities, which are considered a major vulnerability for passwords, over 30% of cloud professionals reported as having flagged one to three phishing emails, while 18% said they had flagged between four and six and over 25% claimed to have flagged at least seven.
U.S. critical infrastructure organizations have been noted by the Department of Homeland Security to be at risk of cyberattacks leveraging artificial intelligence, with China and other nation-states exploiting the technology to deploy more advanced malware attacks and influence operations, CyberScoop reports.
TechCrunch reports that nearly $200 million was stolen from Hong Kong-based cryptocurrency firm Mixin Network following a cryptocurrency heist on Sept. 23.
Major U.S. consumer product leasing firm Progressive Leasing has disclosed that some of its systems have been impacted by a cyberattack that resulted in the significant compromise of personally identifiable information belonging to its customers and other individuals, according to The Record, a news site by cybersecurity firm Recorded Future.