skip to content
Decrypt LOL

Get Cyber-Smart in Just 5 Minutes a Week

Decrypt delivers quick and insightful updates on cybersecurity. No spam, no data sharing—just the info you need to stay secure.

Read the latest edition

Surge in Cyber Threats Against SaaS Platforms in 2024

/ 1 min read

🔐✨ Cyber Threats Targeting SaaS Surge in 2024, Prompting Urgent Security Measures. In 2024, cyber threats against Software as a Service (SaaS) platforms escalated dramatically, with a staggering 7,000 password attacks blocked per second and phishing attempts rising by 58%, resulting in $3.5 billion in losses. Notable cybercriminal groups like ShinyHunters and ALPHV exploited misconfigurations and compromised credentials, highlighting critical vulnerabilities in SaaS security. As organizations face increasing risks, experts emphasize the need for comprehensive security assessments, continuous monitoring, and robust defenses, including multi-factor authentication and regular credential rotation. The article underscores the importance of proactive measures to mitigate the impact of these evolving threats as we move into 2025.

Source
{entry.data.source.title}
Original