Identity Based Cyberattacks: The New Cybersecurity Threat Facing Small Businesses

Cybercriminals have shifted their strategy. Instead of brute-forcing their way into your network, they’re logging in using stolen credentials.

Welcome to the age of identity based cyberattacks  where hackers don't need to break in if they can simply impersonate a trusted user. And it’s working. A leading cybersecurity firm reported that 67% of major breaches in 2024 were caused by compromised logins.

If big-name companies like MGM and Caesars can fall victim to identity-based cyberattacks, imagine the risk facing small businesses without a robust cybersecurity strategy.

How Identity-Based Cyberattacks Work

These attacks often begin with one simple vulnerability: your username and password. But the tactics used to steal them are increasingly advanced:

• Phishing emails and fake login pages that trick employees into sharing credentials

• SIM swapping to intercept multifactor authentication (2FA) text codes

• MFA fatigue attacks that bombard users with login prompts until they mistakenly approve one

• Targeting third-party vendors or unsecured personal devices to gain access indirectly

  
  

Cybercriminals are betting that someone on your team will slip. Without strong protections, they’re probably right.

Protecting Your Business From Identity-Based Cyberattacks

The good news? You don’t need a massive IT department to stop these attacks. Here’s what small businesses can do now:

1. Use Multifactor Authentication (MFA)

Enable MFA on all business-critical accounts. Prioritize app-based authentication (like Microsoft Authenticator or Duo) or security keys. Avoid SMS-based codes when possible — they’re easier to intercept.

2. Train Your Team

Your employees are your first line of defense. Provide regular cybersecurity awareness training so they can identify phishing attempts and report anything suspicious before it spreads.

3. Limit Access

Not every employee needs access to every system. By following the principle of least privilege, you reduce the damage an attacker can do with a compromised login.

4. Adopt Password Managers or Go Passwordless

Encourage the use of strong, unique passwords stored in a secure password manager. Even better, explore biometric logins or passwordless authentication methods for added security and convenience.

Stay Ahead of the Threat

Cyberattacks no longer require advanced coding skills or brute force. All it takes is one stolen login to put your entire business at risk.

At Preferred Office Technologies, we help businesses like yours build strong defenses against identity-based cyberattacks without overcomplicating your workflow.

Is your business protected against credential theft? Let’s find out.👉 Click here to book your FREE IT Risk Assessment and get expert insights on securing your team, your data, and your bottom line.