stolen credentials

Cybercriminals are evolving and so are their tactics. Instead of smashing through firewalls, they’re quietly logging in with stolen credentials. For Vancouver businesses, this shift in strategy is a serious wake-up call.

It’s called an identity-based attack, and it’s now one of the most common ways hackers infiltrate business systems. They steal passwords, trick employees with fake emails, or flood users with login requests until someone slips. And unfortunately, it’s working.

In fact, one cybersecurity firm reported that 67% of serious security incidents in 2024 were caused by compromised logins. Major companies like MGM and Caesars were hit by these attacks and if it can happen to them, it can absolutely happen to small and mid-sized businesses in Vancouver.

How Are Hackers Getting In?

Most of these attacks start with something simple, like a stolen password. But the methods are getting more sophisticated:

  • Phishing emails and fake login pages that trick employees into handing over credentials
  • SIM swapping to intercept text-based 2FA codes
  • MFA fatigue attacks that bombard users with approval requests until they click “Allow” out of frustration
  • Targeting personal devices or third-party vendors like help desks or call centers to find a way in.

How Vancouver Businesses Can Protect Themselves

The good news? You don’t need to be a cybersecurity expert to protect your business. A few smart steps can make a big difference:

  1. Turn On Multifactor Authentication (MFA)

MFA is your first line of defense. Use app-based or hardware key-based MFA, these are far more secure than SMS-based codes.

  1. Train Your Team

Your employees are your first firewall. Regular cybersecurity training helps them spot phishing attempts, suspicious links, and social engineering tactics.

  1. Limit Access

Give employees access only to the systems they need. If a hacker gets in, limited permissions can stop them from moving laterally across your network.

  1. Use Strong Passwords or Go Passwordless

Encourage the use of password managers or adopt passwordless authentication like biometrics or security keys for added protection.

The Bottom Line

Hackers aren’t breaking in, they’re logging in. And they’re getting more creative every day. But with the right IT support, cybersecurity strategy, and managed IT services, your Vancouver business can stay one step ahead.

That’s where we come in. We can help you put the right protections in place to keep your business safe – without making things harder for your team.

Want to know if your business is vulnerable? Let’s talk. Book a discovery call here: Book a Discovery Call