Kerberos tickets are credentials

Tickets are what actually grant access in a Windows environment, and stealing one skips the password entirely.

They sit in memory on machines people have logged into, which is why an attacker on one server harvests them rather than trying to crack anything. Changing a password does not necessarily invalidate what has already been issued. Thinking of tickets as credentials, with lifetimes and theft risk, explains most of the attacks in this area.

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