According to Microsoft, attacks on passwords per second increased by 74% in the last year alone and many of these fueled ransomware attacks, leading to ransom demands that more than doubled. We are seeing attacks that are much faster, more deliberate, and smarter,” said Abbas Kudrati, chief cyber security advisor of Microsoft Asia Pacific. Phishing attacks, a common entry point for most cyberattacks, have increased by over 300% worldwide, with over 710 million phishing emails blocked weekly in 2021 alone. Nation-state cyber threatsThe two cyberattacks are only amplified by nation-state threats — cyber threat activities that originate in a specific country with the apparent intent of furthering national interests. In recent years, nation-state threats have caused growing tension between countries, which further drives the importance of strengthening cybersecurity postures.
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