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Immature APAC businesses losing customers, up to $28.5m annually to credential stuffing

Credential stuffing is creating headaches for CISOs and costing Asia-Pacific organisations up to $28.5 million per year. Akamai figures suggest the average company suffers 12 credential-stuffing attacks each month. E-commerce brands unawares because their cybersecurity efforts to date have prioritised the protection of payment-card data. 81 percent of respondents to recent Ponemon Institute-Akamai report said they found it difficult to differentiate real employees or customers from criminal imposters, while 81 percent agreed that credential stuffing attacks are difficult to detect.”]

Source: https://www.csoonline.com/article/3504816/immature-apac-businesses-losing-customers-up-to-28-5m-annually-to-credential-stuffing.html

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