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December 21, 2025

Stealer Log Statistics 2025: The Rise of Credential Theft at Scale

How infostealer malware, stolen credentials, and dark web markets reshaped cybercrime in 2025.

Mohammed Khalil

Mohammed Khalil

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In 2025, stealer logs packages of data harvested by infostealer malware have become a linchpin of the cyber threat landscape. Stealer logs typically contain caches of login credentials, session cookies, browser history, saved credit cards, and other sensitive records siphoned from infected computers. While once a niche concern, these stolen data bundles are now driving the majority of cyberattacks, from account takeovers to full blown network breaches.

Why focus on statistics for stealer logs in 2025? The numbers tell a stark story: credentials are the new keys to the kingdom in cybersecurity. In this year alone, infostealers quietly pilfered upwards of 1.8 billion usernames and passwords, fueling an underground economy that trades access to organizations at scale. By crunching the data breach costs, attack frequencies, top vectors, and industry impacts we gain insight into how profoundly the industrialization of identity has altered the security landscape. A few headline figures set the scene: global cybercrime damage is forecast to hit $10.5 trillion by year end, and infostealer log volumes on major dark web markets have ballooned 670% since 2021. Furthermore, more than half of ransomware incidents now originate from stolen logins, collapsing the timeline from initial compromise to extortion.

This report takes a data driven deep dive into Stealer Log Statistics for 2025 Global examining how infostealers work, the scope of the threat in numbers, what it’s costing us, and which trends are emerging. We’ll explore metrics like the number of records and devices compromised, the surge in Malware-as-a-Service offerings, differences across regions and industries, and notable breaches that defined the year. The goal is to translate these statistics into actionable intelligence: understanding the enemy’s tactics in quantitative terms so that organizations can prioritize defenses accordingly.

What Are Stealer Log Statistics?

Stealer log statistics refer to the quantitative measures of credential stealing malware activity and its consequences. In simpler terms, if we think of a bank robbery, stealer logs are like the bags of loot credentials and data the thieves escape with and stealer log statistics track how many bags are stolen, how full they are, and what happens with them afterward. These stats can include the number of credentials stolen, the percentage of cyber incidents involving infostealer data, average prices for stolen logins on the black market, and so on. By analyzing these numbers, security professionals can gauge the scale and impact of infostealer threats.

For example, a stealer log might contain the saved passwords and cookies from an employee’s browser. One statistic might be the password reuse rate found in logs e.g. if 70% of stolen passwords are reused across multiple accounts, that indicates many users still practice poor password hygiene, amplifying the damage one stolen log can do. Another stat could be how many different malware families are contributing to the logs; if one infostealer variant, say LummaC2 accounts for 40% of all stolen logs observed in a year, that family becomes a priority for threat monitoring. Essentially, stealer log statistics shine a light on the who, what, and how often of credential theft.

To illustrate with an analogy: consider infostealer malware the vacuum cleaners of the cybercrime world, quietly sucking up data from countless computers. The stealer log statistics are like the vacuum’s dustbin that reports how much dirt was collected, from where, and how often it gets emptied and sold. In practical terms, these stats help organizations answer questions like: How many of our employee credentials might be floating around on the dark web? or What proportion of breaches in our industry involve stolen passwords? By quantifying the threat, defenders can better allocate resources e.g. enforcing password resets or rolling out MFA broadly to mitigate the risks indicated by the statistics.

Global Overview of Stealer Log Trends 2024–2025

Globally, infostealer activity has skyrocketed in both volume and impact over the past year. Table 1 provides a snapshot of key metrics from 2024 to 2025, highlighting the trend:

Metric2024 Estimate2025 EstimateTrend YoY
Credentials stolen via infostealers~200 million1.8 billion↑ ~9× 800% surge
Devices infected by stealers~700,000 1 million5.8 million↑ ~6× 600%+
Infostealer logs bots sold major market~300,000 est.>400,000 est.↑ ~30%
Global avg. cost per data breach$4.88M$4.44M↓ 9% first drop in years
Share of breaches involving stolen creds76% Verizon DBIR 2024 est.86%↑ credentials dominant
Global cybercrime annual cost$8.4T est.$10.5T↑ 25% projected

Table 1: Global infostealer and breach trends, 2024 vs 2025.

As the table suggests, 2025 brought an exponential increase in credentials compromised by infostealer malware. Industry analysis by Vectra AI confirms that attackers pilfered roughly 1.8 billion credentials in 2025, up from just a few hundred million the year before. This explosion correlates with an aggressive uptick in malware distribution: over 5.8 million endpoints were infected in 2025, as mass distribution campaigns phishing, malvertising, trojanized software vastly expanded the victim pool. Specialized threat intelligence teams like BitSight similarly reported having recaptured 13.2 billion credentials from stealer logs in 2024, indicating that by 2025 the cumulative trove of stolen data on criminal servers is tens of billions of records and growing.

One silver lining in 2025’s data is a slight improvement in the global average cost of a data breach, which dipped to about $4.44 million from $4.88M in 2024. IBM’s 2025 Cost of a Data Breach report attributes this 9% decrease to faster breach detection and containment efforts, perhaps a sign that organizations and law enforcement are responding more swiftly amid the infostealer onslaught. However, that average still masks huge losses stemming from credential compromise: the United States and Middle East saw average breach costs of $10.2M and $7.3M, respectively, reflecting the heavier impact when high value targets are hit.

Crucially, stolen credentials have now become entrenched as the dominant factor in breaches worldwide. Verizon’s Data Breach Investigations Report DBIR data shows 86% of breaches involved stolen or weak passwords in 2025, a startling rise from prior years and reinforcing the notion that hackers don’t hack in their log in. In tandem, other attack vectors like exploiting software vulnerabilities or zero days have taken a backseat in prevalence. In essence, the global overview reveals a new status quo: if you suffered a breach in 2025, chances are high that stolen credentials possibly from a stealer log played a role.

From a macro perspective, the cybercrime economy is booming alongside this trend. Cybersecurity Ventures estimates global cybercrime damage at $10.5 trillion by 2025 up from $3T a decade prior fueled significantly by the monetization of credential data. Infostealer logs are the raw supply feeding that economy, whether sold in bulk on marketplaces or leveraged by criminals to drain bank accounts and deploy ransomware. The next sections break down how these costs accrue and how attacks are distributed across vectors, industries, and regions.

Cost Breakdown: Breach Costs vs. Underground Prices

Breaches are expensive and credentials theft is making them more so but there’s a stark contrast between what it costs a company vs. what it costs a hacker. Let’s examine the costs from both angles.

Direct Breach Costs to Organizations

Infographic showing direct breach costs to organizations in 2025, highlighting a $4.44M global average breach cost, industry comparisons for healthcare, finance, and critical infrastructure, major cost drivers such as slow detection and phishing, and a breakdown of investigation, legal, downtime, and remediation expenses.

According to IBM’s latest data, the average cost of a data breach in 2025 was $4.44 million globally. This is a slight improvement from the record $4.88M seen in 2024, marking the first decline in years. Faster incident response helped by AI driven detection in some cases is credited for shaving off some costs. However, costs remain markedly higher for certain sectors and regions:

Where do these costs come from? They encompass immediate expenses like forensic investigations, customer notifications, and system remediation, as well as longer term hits like business downtime, reputational damage, customer churn, and potential ransom payments or regulatory fines. One telling IBM statistic: breaches that take longer than 200 days to identify and contain cost $5.01M on average, significantly higher than those caught sooner. Unfortunately, infostealer related breaches often fall in the costly category because they involve silent infiltration attackers may lurk using stolen accounts for weeks or months before launching a disruptive attack, prolonging the detection timeline.

It’s also worth noting that breaches initiated via certain vectors have higher cost outcomes. IBM found phishing to be among the most expensive initial attack vectors, averaging $4.8M per breach. This aligns with credential theft scenarios; when an employee falls for a phish that delivers an infostealer, the adversary can quietly establish persistence e.g. via stolen VPN credentials or cloud tokens and maximize damage, leading to big cleanup costs down the line. By contrast, something like a lost device or an unexploited vulnerability might be contained faster or do limited damage, costing less.

Finally, an emerging cost factor is regulatory fines. Data protection laws GDPR in Europe, various state laws in the US, etc. penalize organizations for preventable breaches. In 2025, 22.7% more organizations paid fines over $50k for breaches than the year prior, indicating regulators are cracking down, especially when breaches involve leaked personal data that was stored insecurely. Breaches caused by stolen credentials can be seen as lapses in access management, something regulators expect companies to mitigate for instance, by using MFA or monitoring for compromised accounts.

Underground Market Prices for Stolen Data

On the flip side of the cost equation, let’s look at what attackers pay or earn for these stolen credentials. The economics of the dark web show a troubling imbalance: it is cheap for criminals to buy access, even while it’s very costly for victims when that access is abused. Table 2 highlights typical prices for stolen data and access in 2025’s underground markets:

Asset TypeDark Web Price USDNotes Buyer Usage
Raw Stealer Log single bot with assorted creds & cookies$10-$20 avg ~$10Commodity pricing; logs from malware like Raccoon, Vidar, Lumma are sold in bulk. Prices vary by quality e.g. a log from a US corporate PC on Windows 11 fetches more than one from an outdated home system.
Bulk Cloud Subscription all logs firehosed via Telegram$200-$500 per monthInstead of one by one, some buy subscriptions to private channels dumping fresh logs. Good for criminals who want to volume hundreds of thousands of creds for spam or credential stuffing.
Corporate VPN/RDP Access valid network credentials$500-$1,000+ per accessInitial Access Brokers sell enterprise logins often with VPN or remote desktop access. About 40% of listings fall in this range, but high privilege admin access can go for $2k–$5k. Average sale with admin rights is ~$2.7k.
Verified Crypto Exchange Account with balance or laundering ready$250-$1,000+These allow money laundering of cryptocurrency. For example, a verified Kraken or Coinbase account with history may sell for >$1k. Often auctioned if containing significant funds or linked to high limits.
Bank Account Login retail consumer$150-$500Online banking credentials with 2FA bypass info if available. Price depends on account balance; also, attackers will pay more if it comes with email access to intercept alerts.
Full Identity Fullz SSN, DOB, credit card, etc.$20-$100 per identityTraditional identity info, often used for credit fraud. Stealer logs often include autofill data address, phone and saved IDs/passwords that can form a fullz package.
Malware Loader Access infected machine foothold$5 $30 per hostInstead of credentials, some buy an active bot device to install more malware. Infostealer operators sometimes resell access to the infected machine itself.

Table 2: Dark web pricing for stolen data and access in 2025.

From the above, a few insights emerge:

In summary, attackers have a low cost of entry, whereas victims face high cost of damage. An infostealer malware kit can be rented for a few hundred dollars, and individual logs for a few bucks, yet the breaches enabled by these can cost organizations millions. This imbalance is a driving force behind the proliferation of stealer logs: the return on investment for cybercriminals is enormous.

Attack Vector Distribution in 2025

Understanding how attacks are happening is key to interpreting the statistics. In 2025, the initial access vectors for breaches and security incidents skewed heavily toward social engineering and misuse of credentials, with other vectors playing supporting roles. Table 3 breaks down the approximate distribution of attack vectors and their associated breach costs:

Initial Attack Vector% of Breaches 2025Average Breach CostNotes on Tactics
Phishing & Social Engineering email scams, voice phishing, etc.~60% #1 vector~$4.8M per breachContinues to dominate. Generative AI made phishing more convincing in 2025, with localized, grammatically perfect lures. Often delivers infostealer malware or steals creds directly via fake login pages. Includes malspam, vishing voice, quishing QR code phishing all techniques on the rise. ENISA Threat Landscape reports phishing at nearly 60% of initial access in Europe.
Use of Stolen Credentials no malware, attacker logs in with known password~20% for primary vector / involved in 86% of breaches overall~$4.5M est.In many cases, the attacker didn’t need to phish they already had valid credentials from prior breaches or bought logs. This overlaps with other categories e.g. a phished password is still stolen creds, hence the high 86% involvement rate. Credential stuffing and password spraying also fall here. Often classified by Verizon/DBIR as Basic Web Application Attacks leveraging stolen creds.
Exploited Vulnerabilities & Misconfigurations unpatched software, open cloud storage~15–20% excl. supply chain~$4M variesA distant second to phishing. Includes hacking web apps, exploiting known CVEs in VPNs or servers, or finding misconfigured databases/S3 buckets. While these made headlines e.g. MOVEit file transfer exploit in 2023, statistically they were less common than credential based attacks. However, when combined with credentials e.g. using stolen creds to find misconfigured cloud assets, they can be potent.
Malware non infostealer loaders & trojans drive by downloads, USB drops~5% initial vector~$3.8M variesRefers to cases where malware other than infostealer was the first step e.g. a trojan delivered via a watering hole website or an infected USB that gave remote access. Pure malware exploit chains are less common now for initial entry, but still exist often state backed attacks. Many malware infections actually begin with phishing, so there’s overlap.
Insider Threats malicious or compromised insiders~5%$4.9M+ higher than avgDeliberate insider sabotage or collusion is a minority of incidents but can be extremely costly. Credentials are again central: an insider may abuse their own legitimate access. 2025 saw a few insider assisted breaches e.g. an employee selling their login to attackers. Mitigations here differ background checks, monitoring, hence tracked separately.
Shadow AI and API Abuse novel vectors<5% emergingN/A too early to gauge2025 introduced some new wrinkles: Shadow AI where employees using unsanctioned AI tools inadvertently leak data or credentials e.g. pasting internal info into a rogue chatbot that logs queries. Also, attackers using stolen API keys and tokens sometimes obtained via stealer logs to access systems. These vectors are not yet statistically large but growing. Notably, one threat actor Storm 2139 was seen using stolen API keys to skirt AI safety checks for malicious purposes.

Table 3: Distribution of initial attack vectors in 2025 breaches, with estimated prevalence and impact.

From the above, it’s clear that phishing remained king in 2025. Roughly three out of five incidents began with some form of phishing or social engineering. This aligns with numerous reports: ENISA’s 2025 analysis identified phishing including email, phone, and malicious advertising links as the top initial access method at ~60%, far ahead of the next vector exploiting vulnerabilities at ~21%. The cost per breach from phishing is also high, nearly $4.8M on average because these attacks often lead to extensive compromise, attackers gain user credentials, move laterally, and potentially deploy ransomware.

Stolen credentials deserve special mention. In many cases, phishing and stolen creds go hand in hand. Phishing is how creds get stolen, or stolen creds are used in phishing. Verizon’s DBIR noted that Use of stolen credentials was a factor in 88% of breaches, reinforcing that even if phishing wasn’t the first vector, attackers eventually lean on some credential to escalate access. A common scenario is a breach chain: attacker phishes one employee, implants an infostealer, steals a bunch of passwords, then uses one of those passwords to log in as an administrator. The initial vector was phishing, but the pivotal action was using stolen credentials. Because of these overlaps, we see credential abuse everywhere in the kill chain statistics.

Exploits and misconfigurations still matter, but comparatively fewer breaches start with an external hacker directly hacking in via a software flaw in 2025. That said, when they do occur, they can be severe, think SolarWinds 2020 or the Log4j exploitation waves. Some 15–20% of incidents were attributed to things like unpatched vulnerabilities, unsecured servers, or third party software supply chain compromises. One example in 2025 was a zero day exploit in a popular file sharing app that allowed attackers to drop malware into enterprises but even that often required a stolen access token to trigger in the first place. It’s increasingly common that exploits serve to augment credential attacks e.g. use stolen creds to get in, then exploit a privilege escalation bug to get admin rights.

Insider threats constitute a smaller slice of the pie, a few percent, but with notably high costs when they happen. IBM has previously noted insider caused breaches can cost more than the average, as the betrayal of trust often leads to significant data loss before detection. In 2025, a handful of breaches involved employees intentionally planting malware or selling their passwords. These are hard to defend against with technology alone, requiring governance and monitoring of user behavior.

Emerging vectors like AI related issues didn’t yet significantly register in breach statistics, but they are on the radar. Shadow AI refers to the unsanctioned use of AI tools by employees for instance, using an online AI service and inadvertently feeding it sensitive data that could be exposed. There were minor incidents of proprietary code or credentials leaking via public AI query logs this year. Additionally, threat actors leveraging AI to automate attacks like deepfake phone calls as part of phishing, or AI written malware that morphs its signature made qualitative impacts even if not a separate statistical category. The consensus in threat intel circles is that these AI fueled techniques often still lead to the same end result: stolen credentials or unauthorized access essentially amplifying the primary vectors rather than introducing completely new ones.

In summary, the statistics underscore that human facing attacks phishing and identity abuse stolen creds absolutely dominate the threat landscape in 2025. Technical flaws are still exploited but are less common initial footholds. This means organizations need to double down on user awareness, phishing resistant authentication, and monitoring of login activity, as those are directly addressing the top vectors by the numbers.

Industry Breakdown: Who’s Being Hit and How

Infographic illustrating emerging credential-theft trends, including malware capability convergence, macOS and mobile credential theft, AI-accelerated phishing, shadow AI data leakage, browser session hijacking, professionalized initial access brokers, and early post-quantum credential security planning.

Different industries experience the effects of stealer logs and data breaches in distinct ways. Here’s a breakdown of how key sectors fared in 2025, including both the volume of incidents and the cost/impact on each:

Across all industries, a unifying theme from these statistics is the importance of identity security. Nearly every sector’s major incidents traced back to someone’s account getting compromised whether through an infostealer or phishing and then attackers exploiting that trust. Industries with strict regulations in finance, healthcare tend to invest more in security yet still struggle due to the human factor. Less regulated industries manufacturing, small retail often underinvest and are now catching up after some wake up calls in 2025.

Regional Breakdown: Global vs. Regional Impacts

Regional analysis infographic comparing credential-theft impact worldwide in 2025, showing highest breach costs in the United States, strong regulation in Europe, high infection rates in Africa, advanced targets in the Middle East, and large-scale credential harvesting and supply-chain risk in Asia-Pacific.

While the infostealer and credential theft epidemic is global, there are regional nuances in both prevalence and consequences:

In all regions, a theme emerges: no region is untouched by infostealer driven breaches. However, local factors, regulations, typical security maturity, and economic conditions influence how severe the outcomes are. For instance, Europe’s heavy fines push better data handling, the U.S.’s lucrative market attracts more targeted ransomware extortion, and APAC’s rapid growth + occasionally lax controls create many opportunities for infections.

It’s also worth noting cross regional dynamics: A stealer log collected in Brazil might end up being used by a Russian hacker to break into a U.S. company geography is no barrier in the underground marketplace. Yet statistics like Brazil 9.5% and India 7.9% of infections show where attackers may be casting wide nets. Often those high percentage countries coincide with widespread software piracy fake cracks carrying infostealers and less endpoint protection, which is why they appear heavily in logs.

Major Breaches of 2025: Case Studies

Case-study infographic summarizing major 2025 breaches caused by stolen credentials, including Telefónica, Samsung Germany, MGM Resorts and Caesars, CircleCI, and Hawklog, emphasizing infostealers, session token theft, supply-chain compromise, and identity as the primary attack surface.

The year 2025 saw several notable cyber incidents where stealer logs or stolen credentials played a central role. Below, we summarize a few major breaches that highlight the trends discussed:

  1. Telefónica Breach 2025 HellCat Ransomware via Stolen Employee Logins: In early 2025, Spanish telecom giant Telefónica was hit by a targeted ransomware attack by a group dubbed HellCat. Investigations revealed the attackers first infiltrated Telefónica’s internal Jira ticketing system using credentials stolen from over 500 employees. How did they get those? An infostealer infection had quietly spread among contractor laptops months prior, collecting a trove of VPN and single sign on passwords. With these valid creds including some admin accounts, HellCat operatives performed extensive reconnaissance for weeks, then executed a coordinated encryption of critical systems. They exfiltrated data including ~24,000 employee records and internal documents before locking systems. The breach was major not just for ransom disruption but because it underscored how a single stealer malware outbreak in the supply chain could lead to hundreds of internal logins being compromised simultaneously. Telefónica had to reset every employee password and accelerate its rollout of hardware security keys post incident. This case was a wake up call in Europe about infostealers, showing that even well secured enterprises are vulnerable if partners or employees inadvertently bring in malware.
  2. Samsung Germany Ticket System Leak 2025 Dormant Credentials Resurface: In March 2025, a hacker known as GHNA leaked 270,000 customer support tickets from Samsung Germany’s systems. Interestingly, this breach traced back not to a fresh attack but to a long dormant credential compromise from 2021. Back in 2021, an employee at a third party vendor Spectos GmbH, which managed Samsung’s support portal, had been infected with Raccoon Stealer malware. The employee’s credentials for the Samsung support site were stolen and apparently lay unnoticed on a dark web forum. Years later, GHNA found or bought those credentials and used them to log into Samsung’s support database, extracting hundreds of thousands of customer records. The incident highlights the long tail of stealer logs: even old stolen logins can come back to bite if not proactively invalidated. It also demonstrated a classic supply chain breach. Samsung itself wasn’t hacked initially it was their contractor’s weak link via an infostealer, which eventually led to Samsung’s data being exposed. After this, Samsung and many companies began enforcing stricter password rotation and zero trust access for vendors.
  3. MGM Resorts and Caesars Entertainment 2023 Okta Identity System Compromise: While late 2023, the twin breaches of MGM Resorts and Caesars carried over lessons into 2024 2025. These were orchestrated by the Scattered Spider group linked to ALPHV/BlackCat ransomware and involved deep social engineering. The attackers obtained helpdesk credentials through phone based social engineering, not exactly a stealer log, but akin to it and then pivoted to steal session cookies and passwords from Okta the identity provider to escalate privileges. Once inside, they bypassed MFA and had free reign, leading to a shutdown of MGM’s casinos and systems, and a rumored ransom payout by Caesars. Why this matters for 2025: it showed even identity platforms aren’t immune Okta itself warned that stolen session tokens were used against it. Many companies re-examined how they handle session cookies after seeing this. It underlined that credentials and tokens are a common thread from simple infostealer attacks to big game ransomware attacks. Subsequent data showed 54% of ransomware victims’ domains were in stealer logs pre attack, which means what happened to MGM/Caesars credentials >ransomware was not an outlier but part of a growing pattern.
  4. CircleCI Breach 2023 Developer’s Infostealer Infection: Another instructive case disclosed January 2023 was CircleCI, a popular DevOps platform, getting breached because a developer’s laptop was infected with token stealing malware. The infostealer lifted a 2FA backed SSO session cookie, letting the attacker impersonate the developer without needing MFA. They then generated production access tokens, stealing secrets and customer data. This incident was one of the first high profile ones to explicitly implicate infostealer malware as the root cause in a software supply chain context. In 2025, many DevOps and cloud companies took note and ramped up endpoint security for engineers like requiring EDR on any device that can access production, strict token scopes, etc.. The CircleCI case proved that just one compromised developer PC can lead to a breach of thousands of customers’ data, exemplifying how infostealers can create single points of failure in a highly connected environment.
  5. Hawklog Cloud Breach 2024 Early in 2024, an interesting twist occurred: hackers themselves got hacked. Hawklog, a private Telegram based log shop cloud service selling logs, was breached by a rival group Mooncloud. Mooncloud leaked 1.7 GB of data from Hawklog, which included email addresses and stolen logs that Hawklog was selling. This meta breach didn’t directly hurt end user organizations, it wasn't their breach data, it was criminals stealing from criminals, but it revealed the massive scope of logs in circulation. Among the leaked Hawklog data were tens of thousands of freshly stolen credentials that suddenly became public. This event alerted many companies that hadn’t been monitoring closed channels suddenly, credentials they didn’t know were compromised showed up on open forums. It prompted some emergency password resets. The incident also highlighted the volatile nature of the underground: even cybercriminals worry about their databases getting breached. For defenders, such leaks are a double edged sword they expose more stolen data bad but also give a chance to identify and respond to compromises good if acted upon quickly.

Each of these cases reinforced a key lesson: stealer logs and stolen credentials are at the heart of modern breaches. Whether it’s ransomware, data theft, or supply chain attacks, the initial vector or the critical stepping stone often comes down to a username and password or token that the attacker should never have had. By examining breaches, organizations realized in 2025 that traditional perimeter defenses, firewalls, etc. matter less if an attacker can simply log in with valid credentials. It’s like locking your doors but giving the thief a copy of the key.

Emerging Trends in the Credential Threat Landscape

Industry breakdown infographic detailing how credential-based attacks impact healthcare, finance, technology, manufacturing, retail, and government sectors in 2025, showing attack patterns, breach costs, operational impacts, and recommended identity-security controls across industries.

Looking forward beyond 2025, several emerging trends are poised to shape the infostealer and credential theft landscape. These trends are rooted in observations from late 2024 through 2025, and understanding them can help organizations brace for what’s next:

In summary, the emerging trends revolve around evolution on both sides, attackers integrating tools and using new tech, and defenders pushing toward a more identity centric, phishing proof paradigm. The statistics we’ve observed in 2025 are likely to continue credential theft being paramount unless these emerging defensive strategies change the game. For instance, if in a few years a majority of organizations adopt FIDO2 MFA and robust session management, we might finally see that 86% stat of breach involvement for stolen creds go down. Until then, the trajectory is that thieves will keep doing what works, stealing logins, and thus everything from malware design to dark web operations will continue to revolve around that valuable commodity our identities.

What These Statistics Mean: Interpreting the Big Picture

All the numbers and percentages we’ve discussed paint a clear picture: the battleground has shifted to identities and credentials. To put it bluntly, it’s no longer primarily an age of smash and grab hacks or sophisticated exploits, it's an age of silent identity compromise. The statistics drive home several strategic implications:

  1. Identity is the New Perimeter: With 86% of breaches involving stolen credentials, it means that an organization’s user accounts are effectively the front door for attackers. The old paradigm of securing the network perimeter firewalls, VPN concentrators, etc. matters less if an attacker can simply log in as an authorized user. All the stolen log and infostealer stats underscore that your employees’ and customers’ logins are the prize. So perimeter security now means securing identity through strong authentication, monitoring logins, and least privilege access. The stats about BYOD devices 46% of corporate credential leaks coming from personal devices also show that the perimeter is everywhere an identity can be used. Companies must assume that credentials will be stolen and design security such that a stolen credential alone isn’t enough for an attacker to succeed.
  2. Time to Exploit is Shrinking: When over half of ransomware victims had their credentials in a marketplace prior to attack, and some were hit within 48 hours of credential exposure, it tells us attackers move extremely fast. Automation is a factor they have tools to scan new stolen logs for juicy accounts and bots that attempt to use them immediately. The implication for defenders is that response time is critical. If you find out an employee’s password was in a leak or stealer log, you may have hours, not days before that leads to an incident. The importance of continuous threat intelligence monitoring and rapid incident response like automatically invalidating credentials found leaked cannot be overstated. Essentially, security teams need to operate at machine speed because the attackers’ exploitation cycle is largely automated now.
  3. The Economics Favor Attackers for now: The cost asymmetry we highlighted $10 stolen log vs $4 million breach means attackers have a huge ROI. This unfortunately incentivizes more cybercriminals to get into the game. We even see geopolitical drivers, like talented developers in sanction hit regions turning to cybercrime as a lucrative alternative. Until we flip that script, this problem will get worse. Flipping the script might mean increasing attacker costs through more aggressive law enforcement, or by deploying controls that make each attack less likely to succeed, forcing them to invest more. But currently, given the growth stats 670% surge in logs on markets, etc., the underground economy is robust and resilient to takedowns. Organizations should interpret these numbers as a sign that purely reactive security cleaning up after breaches is financially unsustainable. Investing in preventive measures even if they are costly upfront is justified when you compare to the multi million dollar hit of a breach.
  4. MFA Is Necessary But Not Sufficient: Many companies rolled out multi factor authentication MFA in recent years, which is good but the stats about session hijacking and MFA bypass 17 billion cookies stolen, etc. show that traditional MFA SMS codes, authenticator apps can be sidestepped. Attackers don’t need to hack MFA if they can simply use a session token stolen from an authenticated session. So the meaning here is that yes, MFA significantly reduces risk. Remember, without MFA, a stolen password is immediate game over; with MFA at least there’s an extra step, but it’s not a panacea. Organizations must combine MFA with other measures: things like device trust checks only allowing logins from managed devices, anomaly detection flagging if a session cookie that originated in one country is being used in another, and shorter session durations. The advent of phishing resistant MFA like FIDO2 keys is a promising answer to infostealers. These keys are designed such that even if malware steals something, it can’t reuse it elsewhere. The stats are basically screaming that the era of password based security is over, passwords alone will fail, and even passwords + SMS codes are struggling. It’s time to accelerate the adoption of passwordless auth and hardware backed keys which significantly narrow the window for attackers.
  5. User Awareness and Training Need a Refresh: Phishing still leading at 60% and the explosion of AI crafted lures mean we need to up our game in security awareness. Traditional training look for typos, bad grammar, unfamiliar senders is less effective when phishing emails are now polished and personalized thanks to AI and massive data leaks that inform social engineering. The statistics show employees are still falling victim evidenced by how infostealers spread someone had to run that malware, often believing it was something benign. Companies should interpret that as a need to both use technology email filtering, safe browsing tools and creative training simulated phishing exercises that now include AI voiced phone scams, etc.. The human element was a factor in 60% of breaches as per Verizon. That hasn’t budged much year over year meaning our approach to the human factor must evolve. Emphasize the concept of trust but verify for any unsolicited request, and perhaps lean into fostering a culture where employees aren’t afraid to double check an email via a secondary channel before clicking a link or entering credentials.
  6. Incident Response Must Assume Stealthy Pre Breach: Several of the case studies Telefónica, etc. showed attackers lurking and gathering data long before detonating an attack. Infostealer infections by design are stealthy they don’t announce themselves like ransomware does. So an implication is that companies should boost their threat hunting and assume that even without alerts, an intrusion might be underway via a stolen account. The average dwell time time from intrusion to detection for credential based breaches can be quite long the global median was on the order of months in many reports. The stats like 33% of companies that had ransomware had an infostealer infection in the 3–4 months prior suggest there were missed opportunities to catch the precursor. If an EDR detects an infostealer malware on a machine and that machine had any corporate logins, treat it as a major incident not just cleaning malware, but investigating lateral movement, password changes, etc. Basically, shift mentality from oh malware on Bob’s PC, reimage it to Bob’s credentials and perhaps others are compromised, initiate full incident response.
  7. Collaborative Security Internal and External: The breadth of this threat hitting all industries, and with initial access often coming via third parties or employees’ personal practices means silos in security are dangerous. Internally, IT, security, identity management, and even HR for training have to collaborate closely. Externally, sharing threat intel within industry groups like ISACs about infostealer campaigns or leaked credentials can be hugely beneficial. The statistics are industry agnostic in many ways: everyone’s getting hit. So it’s a rising tide scenario where sharing knowledge doesn’t usually harm competitive advantage, but does raise collective defenses. For example, if one company sees a surge of phishing with a new malware strain, informing peers could prevent that strain from stealing thousands more creds elsewhere which in turn reduces the overall pool of stolen logs on sale. Some sectors started doing this more in 2025 financial services ISAC issued alerts about specific infostealer indicators, etc.. This collaborative approach is a needed response implied by the scale: no single entity can tackle a flood of billions of stolen creds alone.

In essence, these statistics mean we have to rethink traditional cybersecurity priorities. Firewalls and endpoint antivirus alone aren’t stopping these trends. Identity centric security, proactive threat intel, user focused safeguards, and speedy response are the key takeaways. It’s also a call to arms that security investments should tilt towards where the data shows the problems are: if 60% of attacks start with phishing, then significant budget and effort should be going into email security, phishing drills, and robust authentication not solely into, say, network intrusion detection for exotic zero days important too, but statistically less exploited.

The numbers validate that attackers prefer the path of least resistance which is often an unsuspecting user or an exposed credential. Organizations must respond by hardening identities and educating users to in effect raise the resistance. Until that happens broadly, we should sadly expect the trends number of stolen logs, ransomware from logs, etc. to continue upward.

Best Practices for Defense 2025 and Beyond

Given the statistical evidence of how threats are evolving, here are actionable best practices organizations should implement to counter the stealer log and credential theft epidemic:

  1. Implementing Phishing Resistant Multi Factor Authentication MFA: Traditional MFA like SMS codes or mobile app prompts is better than nothing, but as we’ve seen, sophisticated attackers can bypass it via cookie theft or real time phishing proxies. The best current defense is to move to phishing resistant MFA such as FIDO2/WebAuthn security keys or biometrics. These methods use cryptographic exchanges tied to the website, so even if a user is tricked, the attacker cannot reuse the authentication on a different device or site. Many tech giants and governments are now mandating security keys for privileged users. Start with high risk accounts, admins, remote access users and expand out. Also consider number matching and push MFA enhancements if using phone apps to thwart push spam attacks. By eliminating easily phishable factors, you cut off a prime way infostealers and phishers get in. Goal: Even if a password is stolen, it’s not enough to breach the account.
  2. Shorten Session Lifetimes & Monitor Sessions: As stats showed, one big gap is long lived sessions cookies, tokens that attackers exploit. Adjust your authentication systems so that session tokens expire more frequently, for instance, require re login after 8 or 12 hours of inactivity rather than multi-day or multi week sessions. Yes, it inconveniences users a bit, but it limits the window an attacker can reuse a stolen cookie. Additionally, implement session management controls: kill all active sessions during a password reset, routinely invalidate tokens when certain conditions change like IP address shifts, and provide users and admins with visibility to terminate suspicious sessions. Some organizations now force critical applications VPNs, finance systems to not allow users to remember me for 30 days' logins precisely because if those tokens leak, the attacker has a month of access. Coupled with that, invest in user behavior analytics that can detect anomalies like an account that usually logs in from New York suddenly using a token from Moscow and immediately flag or block it. Reducing session lifetime means a stolen log from last week is less likely to still work today, thereby cutting down the exploitation of logs at scale.
  3. Zero Trust Approach Never Trust, Always Verify: Embrace a Zero Trust security model where no user or device is inherently trusted, even if already inside the network. Practically, this means requiring authentication and authorization checks at every important boundary. For example, even if a VPN connection is established, you might re prompt for MFA when accessing a critical database. Use network segmentation and micro segmentation such that credentials for one system don’t automatically grant access to all. The aim is to limit what an attacker can do with any single stolen credential. If Bob from Marketing’s account gets popped, maybe they can access the marketing share, but not the finance database or the domain controller. Zero Trust also involves verifying device posture and only allows devices with up to date patches and security software to access sensitive resources through device certificates or agent checks. So if an attacker tries to use stolen creds from an unknown device, they hit a wall. Implementing Zero Trust is a journey not a flip of a switch, but starting with high value applications and VPNs is wise. Key idea: Assume breach and compartmentalize trust so that stealing one identity doesn’t grant an all access pass.
  4. Continuous Dark Web Monitoring & Credential Screening: In light of the huge volume of stolen data circulating, organizations should leverage threat intelligence services that monitor dark web markets and data leaks for their domains and user accounts. For instance, subscribe to services or use open source intelligence that alert you if an email address at your company shows up in a credential dump or stealer log for sale. Some companies even set up honeytoken accounts to see if they surface on marketplaces. When you get an alert, act fast: force password resets for that user and anything else they had access to, check logs for any suspicious use of that account, etc. Additionally, implement credential screening on your authentication, this means comparing new user passwords or periodic checks against known breached password lists. NIST guidelines suggest forbidding passwords known to be compromised. Many single sign-on platforms now have an API to check if a user’s chosen password appears in the HaveIBeenPwned database or similar. This helps reduce the chance that a credential stuffing attack will succeed, since users won’t be allowed to use passwords that are already public. Essentially, don’t let known bad credentials stay in use within your org flush them out proactively.
  5. Enhance Endpoint Security and EDR Coverage Including BYOD: Since infostealer malware is the initial vector in many cases, having strong endpoint defenses is crucial to catch it or prevent it. Deploy next gen antivirus or Endpoint Detection & Response EDR agents that specifically look for infostealer behaviors like processes accessing browser password stores, or abnormal file access patterns. Many EDR solutions in 2025 updated their rules to detect common stealers like Raccoon, RedLine, etc. Ensure these are rolled out to all corporate devices. For BYOD bring your own device, consider mobile device management MDM solutions or requiring that personal devices meet certain security standards if they’re going to be used for work. If feasible, provide secure virtual desktop environments for personal devices so that even if the personal OS is infected, it can’t directly snatch corporate passwords. Also, educate users on securing their personal devices e.g. avoid using the same browser profile for personal surfing and work access, since a stealer will grab all profiles. Some companies, noticing that 46% stat of unmanaged devices in leaks, have started subsidizing security software for home use or even providing thin client laptops for remote work instead of letting people use home PCs. The goal is to reduce the chances of an infostealer infection and to quickly quarantine it if it happens. A contained infostealer incident caught at initial infection is far better than one that quietly exfiltrates creds for months.
  6. Robust Incident Response Plans Assume Credential Compromise: Update your incident response IR plans to specifically address scenarios of stolen credentials. This means having playbooks ready for things like a user account appearing in a stealer log dump or mass reset of all VPN passwords due to a breach. Practice these in tabletop exercises. Importantly, IR plans should include steps to revoke tokens and sessions, not just reset passwords. When an incident occurs, remember to purge any active authentication sessions in addition to changing credentials otherwise an attacker could still be in with a valid session after a password change. Ensure you know how to quickly turn off or rotate API keys and OAuth tokens if they leak a lot of organizations find they have no easy way to centrally revoke all AWS tokens, for example, which is scary in an incident. Another best practice is to integrate your identity logs like Okta or Azure AD logs with your SIEM so that during a suspected credential compromise, you can swiftly see what that account did and from where. Speed is of the essence, given that exploitation can be near instant once data is sold. An IR drill might involve simulating that an executive’s account credentials were found in a dump walk through who gets alerted, how you verify if the account was abused, how you communicate and remediate. Being prepared can save precious hours in a real event.
  7. User Education Focused on Modern Threats: Revamp security awareness training to highlight things like infostealer malware and modern phishing. Many users understand not to click weird attachments, but they may not realize that copying a command from a website like the ClickFix PowerShell scenario can be just as bad. Educate them on consent based attacks i.e., hackers tricking you into installing the malware yourself under the guise of a needed update or fix. Train them to verify unusual system prompts or IT requests through official channels. Also, emphasize the danger of password reuse using concrete examples e.g., show how one leaked social media password led to a corporate breach. Encourage the use of password managers and unique passwords, so that even if one site’s credentials get stolen, it doesn’t affect work accounts. Given the AI enhanced phishing, it’s worth doing more frequent phishing simulations that reflect current tactics like very well crafted emails or even coordinated multi-channel phishing like an email followed by a phone call from an AI voice. The goal is to create a healthy skepticism in users and an instinct to report suspicious activity. Many companies in 2025 also started reward programs for employees who spot and report phishing attempts or other security issues positively reinforcing the behavior. Remember, humans are the last line of defense if all tech controls fail, so nurturing a vigilant workforce is key.
  8. Protect and Monitor Privileged Accounts Intensively: If an infostealer nabs credentials, the worst case is if those belong to a domain admin or cloud admin. So, put extra hoops and monitoring around privileged users. Use dedicated admin accounts that are not used for email or web browsing so they are less likely to be exposed to phishing/malware. Employ privileged access management PAM solutions which require checkout of admin credentials for limited time use, and consider using hardware MFA for those accounts even if not broadly deployed elsewhere. Monitor all admin account activities if an admin logs in at 3 AM or from an unusual location, investigate immediately. Also implementing the principle of least privilege many breaches expanded because too many users had elevated rights they didn’t truly need. By limiting who can do what, you reduce the impact if one account is stolen. Some organizations in response to trends deployed things like just in time admin access, where nobody is a standing admin by default they must elevate through a controlled workflow that itself requires MFA and approval, making it harder for an attacker to get instant admin even with a stolen user credential. The statistics show privileged credentials are high on attackers’ wish lists when they search logs for admin entries, so our defense should treat those creds like the crown jewels.
  9. Adopt Passwordless and Vaulting Strategies: Consider moving away from passwords where possible. For internal applications, explore options like passwordless login which might use a combination of device authentication and biometric or PIN, e.g. Windows Hello for Business. If users aren’t typing passwords, phishers can’t steal what isn’t there. For service accounts and non-human accounts, use vaults and secrets management don’t leave API keys or credentials sitting in code or config where malware can scrape them. Rotate secrets frequently. The fewer long lived static credentials in your environment, the less an infostealer can grab of value. This is a longer term strategy, but some companies started by implementing passwordless auth for VPN or certain SSO logins and reported good results in usability too. This also includes certificate based auth for devices, which can replace the need for device passwords in some cases. Essentially, breaking the paradigm of string of characters grants access and you break a lot of the infostealer’s power.
  10. Collaborate with Law Enforcement and Intel Sharing: Engage with law enforcement and industry groups. Many police agencies and cyber authorities offer services where if they come across your credentials in a seized database or in a sting operation, they can notify you if they know who to notify. Being on those lists or part of intel sharing groups can give you early warning. Also, if you suffer a breach, consider sharing indicators like the hash of the malware or C2 IPs with a wider community. This collective knowledge can improve defenses for all and perhaps lead to the takedown of the culprits. In 2025, international operations took down major infostealer infrastructure like when Microsoft and others seized 2,300 Lumma C2 domains. Those successes often came from companies and law enforcement teaming up. By cooperating and not viewing security as solely a competitive advantage, organizations can help choke off the sources of these stealer logs in the first place e.g., legal action against hosting providers that cater to these operations.

By implementing these best practices, organizations create multiple layers of defense and response that directly address the pain points highlighted by the 2025 statistics. It’s about being proactive and resilient: assume you’ll be a target because frankly, everyone is, and then plan such that even if the attackers get in, they can’t get far, and you can eject them quickly. The theme is to clearly protect identities, anticipate compromise, and prepare to react swiftly. If widely adopted, these measures would make a serious dent in those troubling statistics in future reports.

FAQs Frequently Asked Questions

A stealer log is a collection of data that a piece of infostealer malware extracts from an infected system. Think of it as the loot from a cyber burglary. It often contains saved passwords, browser cookies which keep you logged into websites, credit card numbers, auto fill information, and system details. It can even include files or screenshots in some cases. These logs are dangerous because they package all this sensitive info into one bundle that is then sold or traded to other attackers. With a single stealer log, a criminal might hijack your email, bank account, and company VPN in one go. Essentially, it’s an all in one keyring to a victim’s digital life. The logs are formatted for easy search, so an attacker buying hundreds of logs can quickly filter for, say, paypal.com or admin@company.com and find valuable accounts to exploit. This mass, automated exploitation potential is what makes stealer logs one of the most significant threats today.

Cybercriminals use a variety of distribution tactics to infect systems with infostealers. The most common is phishing emails with malicious attachments or links for example, an email that looks like an invoice or a shipment notice, tricking the user into running a malware file. Another major method is malvertising and SEO poisoning, where attackers create fake ads or search results for popular downloads like free software or new games; clicking those leads to an infostealer download instead of the real app. We also see trojanized software on forums, cracked software, cheats for games, or even fake AI tools bundled with infostealers. In some campaigns, simply visiting a compromised website will prompt a download with instructions like Your browser is out of date, run this .exe to update the earlier mentioned ClickFix scam. Additionally, certain botnets or malware loaders drop infostealers as secondary payloads, especially if the initial malware determines the infected machine might have valuable data. In short, attackers typically rely on social engineering tricking the user or exploiting users’ desire for free/quick solutions to get that first execution of the infostealer on the endpoint.

Unfortunately, yes, many infostealers can bypass traditional MFA by stealing session cookies or tokens. Once you log in with MFA, the service often gives your browser a token cookie so you don’t have to login again for a while. Infostealers scoop those up. An attacker who has your session cookie can often log in as you without needing the MFA code, because the service thinks your cookie is proof you’re already authenticated. This technique is known as pass the cookie or session hijacking. Some advanced infostealers also target authenticator app data or OAuth tokens. That said, phishing resistant MFA like hardware security keys significantly raises the bar that is tied to the device and site, so a stolen session from one device won’t work on another. As a user, it’s still absolutely worth using MFA. It stops a huge amount of opportunistic attacks like someone simply knowing your password. But companies and users should be aware that MFA is not a silver bullet. You need to combine it with other measures like device trust and monitoring. If you use authenticator apps, be cautious of push fatigue attacks attackers trying to repeatedly send approval requests. And always, if you get an MFA prompt you didn’t initiate, that could mean your password was compromised and someone is trying to log in, deny the request and change your password immediately.

Detecting that your credentials were stolen can be tricky often, victims only realize when unusual activity occurs like logins from odd locations, or in worst case, a breach announcement. However, there are a few signs and steps:

In practice, many companies find out credentials were stolen only after a third party law enforcement or security researcher informs them, or after a secondary incident like a ransomware attack traces back to a stolen credential. This is why being proactive monitoring and having an incident response plan is important. If you even suspect theft, lost laptop, malware infection, etc., it’s wise to change passwords and invalidate sessions as a precaution.

Stealer logs have become the feedstock for ransomware gangs through a network of initial access brokers. Here’s how it works: Ransomware groups often don’t phish you directly; instead, they let infostealer malware campaigns gather as many logins as possible from many organizations. These stolen log databases are then scoured for juicy targets like domain admin credentials, VPN logins, or accounts that indicate access to critical systems. According to Verizon’s data, 54% of ransomware attacks were preceded by the attackers having stolen credentials for the victim. What happens is an Initial Access Broker IAB will purchase stealer logs or subscribe to a botnet feed and filter them for, say, big company domains or high privilege accounts. When they find something like acme corp.com VPN login for JohnDoe, they’ll test it. If it works, they package that access, perhaps even establishing a backdoor for persistence and then auction it off in hidden forums where ransomware affiliates lurk. The highest bidder or a partnered ransomware gang buys the access, logs in, and then proceeds to deploy the ransomware encryption across the network or exfiltrate data first to double extort. This specialization means ransomware attackers can focus on the payload and extortion, while others handle the breaking in part via stolen creds. In practical terms, if an organization’s user appears in a stealer log marketplace, they could have ransomware on their network within days. That’s why we emphasize monitoring those markets and preemptively resetting creds to break that kill chain early.

Yes, not all stolen data is equal attackers place higher value on some log contents:

In summary, attackers triage stealer logs for access that leads to money or strategic gain. Everything else like generic forum logins or old passwords is noise to them or used in bulk for less targeted crimes. This is why an infostealer infection in an enterprise is so dangerous even if 90% of what it steals is low value, that remaining 10% of the keys to important accounts is enough to cause a disaster.

It’s challenging, but there are a few approaches:

In sum, while a single organization can’t stop stealer logs globally, collective actions and internal strategies can chip away at the ecosystem. It’s akin to public health: one company practicing good security hygiene won’t eradicate a malware pandemic, but if many do, the overall infection rate can go down. Until then, being prepared internally as outlined in best practices is the immediate defense.

The statistics and trends from 2024–2025 deliver a sobering verdict: we are in the midst of an identity compromise industrial revolution. Cybercriminals have industrialized the theft and abuse of credentials through infostealer malware and dark web marketplaces, fundamentally lowering the cost of entry for launching damaging attacks. A single infostealer infection on one PC can silently unlock dozens of accounts; multiply that by millions of infections, and we have billions of keys to organizations floating in the wrong hands. It’s no wonder that metrics show stolen credentials featured in the vast majority of breaches and preceded over half of all ransomware cases in the past year.

Yet within these daunting statistics lies a clear direction for defense. The numbers impart a crucial lesson: to protect our data, we must protect our identities. Organizations need to treat credentials as the new perimeter and invest accordingly from enforcing MFA and device trust to monitoring for exposed passwords and tightening session controls. The old paradigm of threat prevention, which focused on keeping malware out, must evolve into a paradigm of access management and breach containment, assuming some malware will get in and some credentials will leak. Speedy detection and response, guided by threat intelligence like catching your credentials on sale before criminals use them, is now as important as traditional prevention.

The global and regional breakdowns also remind us that this is a collective challenge. No region or industry can afford complacency; whether you’re a hospital in North America or a manufacturing firm in Asia, the same infostealer kits are targeting your employees and the same markets are trading your credentials. Sharing knowledge and adopting best practices widely will be key to stemming the tide. Encouragingly, we see glimmers of progress, the average breach cost dipping slightly as companies get faster at containment, and more organizations embracing zero trust principles, which could over time reduce the impact of stolen logins.

In closing, the data is both a warning and a guide. The explosion of stealer log statistics warns us that if we continue business as usual, we’ll remain outpaced by attackers who are capitalizing on our weakest links. But the data also guides us to the solution: focus on identities, focus on rapid intel and response, and adapt our defenses to the modern threat model. By translating these statistics into action as we outlined in the best practices organizations can turn the tide. The task is urgent: as of 2025, credentials are effectively a commodity on underground markets. Our collective mission in the years ahead is to make them much harder to steal, harder to use, and far less valuable to attackers. The companies that succeed in this will not only see their own breach numbers improve but will also contribute to drying up a core fuel of the cybercrime economy. The hope is that when we look at the Stealer Log Statistics in a future report, we’ll see a downward trend, a sign that we’ve reclaimed some ground in this battle for digital identity.

About the Author

Mohammed Khalil is a Cybersecurity Architect at DeepStrike, specializing in advanced penetration testing and offensive security operations. With certifications including CISSP, OSCP, and OSWE, he has led numerous red team engagements for Fortune 500 companies, focusing on cloud security, application vulnerabilities, and adversary emulation. His work involves dissecting complex attack chains and developing resilient defense strategies for clients in the finance, healthcare, and technology sectors.

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