Skip to content

Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

IBM 2025 Cybersecurity Report: Credential Theft Skyrockets

Posted on April 22, 2025April 22, 2025 By Martin Hinton
Cybercrime Surges as Identity-Based Attacks Become the Norm, IBM Finds

On Earth Day, while volunteers plant trees and clean beaches, IBM offers a sobering reminder: it’s not just the planet that needs protecting. According to the newly released 2025 IBM X-Force Threat Intelligence Index, cybercriminals are waging a parallel war, not on nature, but on networks. Credential theft has surged, phishing has become AI-fueled, and attacks on critical infrastructure are escalating globally. As we reflect on environmental sustainability, IBM’s report urges businesses and individuals alike to think about digital sustainability, where protecting identities and systems is as vital as protecting air and water.

Cybercriminals are ditching flashy ransomware schemes for stealthy credential theft. In 2024, credential-based attacks were the top tactic, accounting for nearly one-third of intrusions. This surpassed traditional malware use. IBM’s experts warn that cyber threats have gone from smash-and-grab to silent-and-sneaky.

Key Takeaways from the IBM Report
  • Credential theft spiked, with 84% more infostealers spread through phishing emails.
  • Asia Pacific suffered the most, seeing 34% of all attacks globally.
  • Critical infrastructure was hardest hit, with 70% of incidents targeting utilities, manufacturing, and healthcare.
  • Ransomware dropped, but threats diversified with stealthier tactics and AI integration.
  • Top attack vector? Valid credentials. Essentially, criminals logging in with stolen usernames and passwords.
IBM Corporate logo used in article about their cybersecurity report 2025 IBM X-Force Threat Index. Earth Day
Attack Tactics: Quiet, Coordinated, and Credential-Fueled

Gone are the days of high-profile data breaches. Hackers now favor stealth. In 2024, credential theft occurred in 29% of all cyberattacks. Infostealers like Lumma and AgentTesla soared in use. They harvested login info that’s sold on dark web forums.

These malware tools don’t just infect systems. They quietly extract data while avoiding detection. IBM warns this “log in, not break in” method is not only more effective but also much harder to trace.

Critical Infrastructure in the Crosshairs

The manufacturing sector retained its spot as the most attacked industry for the fourth year in a row. Critical infrastructure, including utilities, transport, and healthcare, made up 70% of X-Force’s responses.

Slow patching cycles and reliance on legacy systems left these sectors vulnerable. One in four attacks involved exploits of known public-facing application flaws. Many of these were linked to nation-state hackers.

AI Joins the Cybercriminal Toolbox

Cyber adversaries are increasingly turning to AI to supercharge phishing attacks. Deepfakes, fake websites, and sophisticated spam are now AI-generated. These help attackers target victims with chilling accuracy.

Moreover, the adoption of generative AI by businesses opens up new vulnerabilities. IBM warns only 24% of gen AI projects are currently secured. That leaves many enterprises exposed.

Global Hotspots: Where the Hackers Struck Most
  • Asia-Pacific: 34% of attacks, the highest globally.
  • North America: 24%, led by manufacturing and finance.
  • Europe: 23%, with high credential theft and data leaks.
Dark Web Marketplace Fuels Growth

IBM notes an expanding dark web economy. Criminals now purchase credentials, phishing kits, and malware like consumers buying software subscriptions. This “Cybercrime-as-a-Service” model makes hacking accessible to less skilled operators.

Final Thought: Everything’s Going UP

In honor of Earth Day, a good-natured take: If IBM’s cybersecurity report had a one-word summary, it would be ‘UP. ‘ Attacks are up, stealth is up, and credential theft is way up. And in classic headline fashion, here’s your lede:

“Cybercrime Skyrockets. IBM Says Hackers Don’t Break In Anymore. They Just Log In”

Other News: Global Cyber Insurance Market to Reach $90.26 Billion by 2031 Amid Rising Cyber Threats(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

AI & Cybersecurity, Cyber Insurance, Cybersecurity, Cybersecurity for SMBs, Cybersecurity Report Tags:AI phishing, Credential Theft, Cybersecurity, IBM X-Force, infostealers, ransomware trends

Post navigation

Previous Post: Cork Cyber Insurance Policy Analyzer Empowers MSPs to Simplify SMB Cybersecurity
Next Post: Cybercrime Trends 2025: Small Businesses Face Rising Threats

Related Posts

  • Navigating Cyber Threats: Middle Market Companies at a Crossroads Cyber Insurance
  • The Caesar’s Attack as Reported in a Public Disclosure Cyber Insurance
  • Cyber Insurance And Quantum Computing – The New Risk Cyber Insurance
  • “Buyer-Friendly” Cyber Insurance Market Meets Rising Geopolitical Tensions Cyber Insurance
  • Cyber Risk for Small Business: 2025 Alarming Trends and Urgent Cyber Protection Gaps Cyber Insurance for SMEs/SMBs
  • Aussie Insurers Want More Government Involvement in Cyber & Cyber Insurance  Cyber Insurance

Get the Cyber Insurance Newsletter

Receive weekly updates on the top news on cyber insurance.

Cyber Insurance News

Cyber Insurance News
In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

🛡️ With a background in enterprise-level cybersecurity on Wall Street and a personal connection to small business through his family, Dan shares why Cork focuses on protecting small and mid-sized businesses from rising cyber threats.

🚨 "The threat actors are getting better, and they're coming after Main Street more and more."

👉 Discover why Main Street is being underserved in today's digital threat landscape and how Cork is filling that gap with a unique value proposition.

🔗 Learn more about Cork: corkinc.com
🎧 Full Podcast Episode: www.youtube.com/@CyberInsuranceNews/podcasts

📣 Don't forget to LIKE, SUBSCRIBE, and hit the 🔔 notification bell so you never miss a powerful conversation.

#Cybersecurity #SmallBusiness #MainStreet #DanCandee #CorkProtection #TechForGood #SMBs #PodcastClip #CyberThreats #BusinessSecurity
Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

🔐 From credential stuffing to brute force attacks, William explains how cybercriminals use AI to bypass login portals and MFA solutions—putting millions of small business owners at risk.

🎙️ Timestamps:
0:00 - Introduction
6:26 - William Altman on AI and threat actors
6:50 - Credential stuffing, brute force & reused credentials
10:00 - What small businesses can do right now
14:20 - The future of AI in cybercrime

🎧 Don’t miss this crucial update on the cybersecurity landscape for small businesses. Subscribe and stay informed.

#cyberattack #smallbusiness #AI #cybersecurity #CyberCube
Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
Load More... Subscribe

Categories

  • 8-K
  • AI & Cyber Insurance
  • AI & Cybersecurity
  • Critical Infrastructure cyber insurance and security
  • Cyber Cat Bonds/Cyber Catastrophe Bonds
  • Cyber Insurance
  • Cyber Insurance APAC
  • Cyber Insurance Best Practices
  • Cyber Insurance Captive
  • Cyber Insurance Carriers & Brokers
  • Cyber Insurance Claims
  • Cyber Insurance EU
  • Cyber Insurance Financial Institutions
  • Cyber Insurance for Government
  • Cyber Insurance for Healthcare
  • Cyber Insurance for Schools
  • Cyber Insurance for SMEs/SMBs
  • Cyber Insurance For Startups
  • Cyber Insurance for Utilities
  • Cyber Insurance Geographic Markets
  • Cyber Insurance Industry Groups
  • Cyber Insurance Investments and M&A
  • Cyber Insurance Jobs
  • Cyber Insurance Laws & Regulations
  • Cyber Insurance Litigation
  • Cyber Insurance Market Size
  • Cyber Insurance MENA
  • Cyber Insurance News & Information Podcst
  • Cyber Insurance People
  • Cyber Insurance Policies & Strategies
  • Cyber Insurance Premiums
  • Cyber Insurance Reports
  • Cyber Insurance Settlements
  • Cyber Insurance Sunday – Upload
  • Cyber Insurance Systemic Risks
  • Cyber Insurance Tech
  • Cyber Insurance Threats
  • Cyber Insurance UK
  • Cyber Insurance Underwriting
  • Cyber Insurance Wholesaler
  • Cyber Regulations
  • Cyber War Exclusions
  • Cybersecurity
  • Cybersecurity and Credit Ratings
  • Cybersecurity for SMBs
  • Cybersecurity in Education
  • Cybersecurity Investment
  • cybersecurity jobs
  • cybersecurity M&A
  • Cybersecurity people
  • Cybersecurity Report
  • Cybersecurity Training
  • Department of Homeland Security
  • EU Cybersecurity
  • Insurance Linked Securities/ILS
  • Insurance Loss Warranty contract/ILW
  • Managed Service Providers
  • National Association of Insurance Commissioners' (NAIC) model cybersecurity law
  • Non-criminal Claims/Non-Malicious Claims
  • Opinion/Commentary
  • Personal Cyber Insurance
  • Personal CyberSecurity
  • Ransomware Insurance
  • Reinsurance
  • Risk Modeling
  • SEC Cyber Disclosure Rule
  • Small Business
  • Supply Chain Cybersecurity And Insurance

Send Ideas, Requests & Comments




    Tags

    AI AI in Cybersecurity Artificial Intelligence At-Bay Beazley CFC Chubb Cloud Security Coalition Corvus Cowbell Cowbell Cyber crowdstrike cyber attack Cybercrime CyberCube cyber insurace cyber insurance cyberinsurance cyber insurance for small businesses Cyber Insurance Market Cyber liability Insruance cyber liability insurance cyberliabilityinsurance Cyber Resilience Cyber Risk Cyber Risk Management cyber security Cybersecurity cybersecurity insurance Cyber threats Data Breach Data Breaches Howden Lloyds Marsh Microsoft personal cyber insurance phishing Ransomware Ransomware Insurance Resilience Risk Management SecurityScorecard small business
    • Cyber Insurance Books
    • Cyber Insurance Reports & Documents
    • Cyber Insurance Acronyms/Terms
    • Cyber Insurance Companies: Carriers, Brokers & Vendors
    • Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
    • Ransomware Insurance
    • How Much Is Cyber Insurance?
    • Considerations for Buying Cyber Insurance
    • Cyber Liability Insurance Near Me
    • Cyber Insurance Quote
    • Newsletter
    • Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
    • Glossary
    • About Cyber Insurance News
    • Privacy Policy

    • Got Cyber Insurance for Yourself?  Cyber Insurance Best Practices
    • “A Rose by Any Other Name” Does Not Apply to Cyber Insurance — The Lack of Standard Terminology in the Industry AI & Cyber Insurance
    • Cyber Attacks on Manufacturers Surge as IT-OT Convergence Expands Industrial Cybersecurity Risks Cybersecurity
    • Business Interruption Among Topics in Insurance Journal’s Top Cyber Stories of 2021 Cyber Insurance Best Practices
    • Cyber Insurance Skies Clouding Over – Underwriters Predict Turbulent 2024 Cyber Insurance Reports
    • Converge Insurance Lands $15 million A-Round from Forgepoint Capital Cyber Insurance Investments and M&A
    • Balancing Openness and Security: The Cybersecurity Challenge in Education Cybersecurity
    • Consortium of Leading Cyber Insurance Carriers Creates New Company to Coordinate on Cyber Market Cyber Insurance Best Practices

    Related Cybersecurity Sites

    http://www.whatiscyberliability.com

    https://www.whatiscyberinsurance.com

    http://www.ddosattacktutorial.com

    http://www.ransomwareremovaltool.com

    Our Privacy Policy: https://cyberinsurancenews.org/privacy-policy/

    Copyright © 2024 Cyber Insurance News.

    Powered by PressBook Premium theme