Cybercrime Surge: Phishing Services and Infostealers Threaten Business Security in 2025
Phishing-as-a-service platforms like Tycoon 2FA are cybercrime’s new Swiss Army knives, helping crooks steal Microsoft business account credentials with ease. As identity-related threats soar by 156%, businesses need to lock their digital doors tighter than a squirrel guarding its last acorn.
Hot Take:
Looks like cybercriminals are taking a page out of the business playbook with “identity theft as a service.” It’s like Uber, but for hackers. With a 156% increase in identity-related cyber threats, it appears that the bad guys are out there harvesting credentials like they’re picking apples in an orchard. And with the help of phishing-as-a-service platforms, these cyber baddies are leveling up their game to make your life a living hell—passwords beware!
Key Points:
- Astonishing 156% rise in identity-related cyber threats reported between 2024 and Q1 2025.
- Phishing-as-a-service platforms like Tycoon 2FA facilitate credential theft.
- Business email compromise (BEC) schemes are on the rise, targeting accounts receivable roles.
- Infostealer malware offers a low-cost, scalable alternative for cybercriminals.
- The FBI reports over 300,000 BEC incidents globally since 2013, with $55 billion in losses.