2026 MSP Threat Report Summary

The era of the “break-in” is over. Attackers are now leveraging valid credentials and session tokens to bypass traditional perimeters. The latest telemetry from Guardz highlights a shift toward quiet, identity-driven campaigns.

89%
SMBs with confirmed credential compromise
2,000%
Spike in Google Workspace OAuth abuse
25:1
Non-human to human identity ratio
 

The Evolution of Stealth: BEC 3.0

Attackers are moving away from loud malware and toward “living-off-the-land” techniques. By monitoring legitimate email threads for weeks, adversaries use AI-generated voice and context-aware messaging to authorize fraudulent transactions without ever triggering a security flag.

 

RMM: The New Command & Control

RMM tool abuse now accounts for 26.2% of all endpoint threats. By exploiting legitimate tools like ScreenConnect and NinjaRMM, attackers create encrypted channels that are indistinguishable from authorized MSP traffic.

 

Immediate Operational Priorities

  • Phishing-Resistant MFA: Standardize on FIDO2/Passkeys to prevent session hijacking.
  • OAuth Governance: Audit application grants and enforce admin-level approval requirements.
  • Behavioral Monitoring: Monitor inbox rules and non-human identity patterns in real-time.
  • Kill Legacy Auth: Disable outdated protocols via Conditional Access to prevent MFA bypass.

Download the full 2026 State of MSP Threat Report