A new report issued by Positive Technologies finds that cyber incidents have increased 32 percent from the first quarter of 2017 to the first quarter of 2018. It also notes that the theft of account credentials is on the rise.

Alarmingly, the report states that the greatest increase in cyber-attacks was the use of malware attacks, which increased 75 percent from the first quarter of 2017 to the first quarter of 2018, and that malware was used in 63 percent of all attacks.

Spyware is used the most often, in order to obtain credentials to the system, and individuals continue to be the primary victims of malware attacks. Interestingly, 23 percent of malware attacks were conducted by cryptocurrency miners.

The report flagged the financial services industry, stating that IT professionals in the banking sector should be aware that hackers are targeting them not only to steal credentials, but also to gain sensitive access to client account balances, and that customer databases should be secured as much as possible.