Mandiant's M-Trends 2026 report highlights a severe divergence in adversary tactics. Cybercriminals are optimizing for speed, with initial access hand-offs collapsing to 22 seconds, and focusing on recovery denial by targeting hypervisors and backup infrastructure. Conversely, espionage groups are prioritizing extreme persistence by exploiting zero-days and deploying in-memory malware on unmonitored edge devices, while voice phishing has emerged as a primary vector for bypassing MFA and compromising SaaS environments.