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Security organizations worried about stolen credentials

Thursday 14 January 2016 10:52 CET | News

The majority of security organizations have received more alerts than they can handle and do not have a way to spot stolen credentials, a recent study shows.

According to a survey conducted by Rapid7, 62% of organizations get too many alerts. The majority of respondents, or 54%, said their teams were only able to investigate 10 or fewer alerts per day, partly due to how long these investigations take. The password protection policy of a large financial services institution with more than 5,000 employees.

Meanwhile, 90% of respondents said that they are worried about attacks using compromised credentials, while 60% said that they cannot detect these kinds of attacks.

One solution is to use user behavior analytics to spot credentials that are being used in unusual ways, a possible sign that they have been compromised.

Of the 40% of respondents who said they can detect attacks that use compromised credentials, 27% said that they have user behavior analytics in place. Only 21% of respondents said that they are monitoring the use of cloud services with their SIEM, and only 33% said that they have security visibility into cloud services.


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Keywords: online fraud, online security, cyber security, fraud prevention, stolen credentials, data breach, cybercrime
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime