Picus Security has reported a significant rise in cyber attacks targeting password managers in 2024. According to their Red Report 2025, cybercriminals are becoming more sophisticated in their malware techniques, with a quarter of all malware now targeting credentials stored in password managers. This marks a three-fold increase compared to previous years.

Dr. Suleyman Ozarslan, the co-founder and VP of Picus Labs, highlighted the importance of using multi-factor authentication (MFA) alongside password managers to enhance security measures. He warned against password reuse and emphasized the need for stronger defenses against the growing threat of complex and stealthy cyber attacks.

The research conducted by Picus Security revealed a shift towards intricate, multi-stage attacks by threat actors, requiring a new breed of malware with heightened stealth and automation capabilities. This evolving sophistication poses a challenge to traditional cybersecurity measures and underscores the importance of robust password management practices.

A password manager serves as a crucial tool for securely storing and autofilling passwords, promoting the creation of strong and unique passwords without the burden of memorization. By incorporating MFA and avoiding password reuse, users can bolster their defenses against increasingly advanced cyber threats.

For more insights on password security, consider exploring our recommendations on selecting the ideal password manager and the top authenticator applications.