As UK businesses accelerate their digital transformation, the move to cloud-based and hybrid work environments has introduced new layers of complexity in IT management and security. While these advancements offer increased flexibility and scalability, they also create opportunities for cybercriminals to exploit gaps in an organisation’s security posture. One of the most pressing issues is the disconnect between IT and security teams; two functions that should work hand in hand but are often siloed. The consequences of this divide are severe, with cyber threats escalating in both frequency and sophistication. The Growing Threat to UK Businesses The UK’s cyber threat…
Joel Rennich
Joel Rennich
Joel Rennich is the VP of Product Strategy at JumpCloud. He focuses mainly on the intersection of identity, users, and their devices. At JumpCloud, he leads a team focused on device identity across all vendors. Prior to JumpCloud Joel was a director at Jamf helping to make Jamf Connect and other authentication products.
Infostealers were responsible for the theft of over 3.9 billion credentials last year. As businesses become increasingly reliant on digital infrastructure, attackers are refining their techniques to harvest sensitive login data, bypass security measures, and exploit stolen information for financial gain. The latest data from KELA’s State of Cybercrime 2024 report estimated that at least 4.3 million machines were infected by infostealer malware last year, resulting in over 330 million compromised credentials. With cybercriminals sharing vast repositories of stolen credentials, such as ULP files that contain billions of compromised login details, the risks have never been greater. For businesses, protecting…