Cyber Risks · Cisco Talos

Phishing and MFA exploitation: Targeting the keys to the kingdom

Summary: Cisco Talos reports that in 2025 phishing was used for initial access in 40% of incidents, with attackers running cascaded campaigns that leverage a compromised account's trust to phish partners and third parties. Device compromise rose 178%, largely through voice phishing that tricks administrators into registering malicious devices, and nearly a third of MFA spray attacks targeted identity and access management applications.

Key Takeaway: Attackers abused Microsoft 365 Direct Send to spoof internal addresses and send lures from inside the organization without compromising a real account, and a successful MFA attack could let them change user roles, credentials, or the MFA policies themselves.

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Topics
Identity & Access Management
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