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Use of Cloud Collaboration Tools Surge Across the World and So Do Attacks

The COVID-19 pandemic has pushed companies to adapt to new government-mandated restrictions on workforce movement around the world. The immediate response has been a rapid adoption and integration of cloud services, particularly cloud-based tools such as Microsoft Office 365, Slack and other video conferencing platforms like Zoom. A new report by security firm McAfee shows that hackers are responding to this mass migration to these platforms with an increased focus on abusing cloud account credentials. After analyzing cloud usage data that was collected between January and April, from over 30-million enterprise users of its MVISION cloud security monitoring platform, the company estimates a 50% growth in adoption of cloud services across all industries. Some industries, however, saw a much...