Cybercriminals have found a new way to target businesses, and Microsoft is raising the alarm. This latest phishing scam exploits trusted cloud services like SharePoint and OneDrive, making it harder to spot. Here’s what you need to know and how to stay safe.
How the Scam Works
Scammers use stolen or purchased login credentials to infiltrate your cloud storage. Once inside, they upload files that mimic authentic pages—like a fake Microsoft 365 login. To make the deception more convincing, they manipulate privacy settings, granting access only to specific users, such as you and your team.
Opening these files or clicking links within the emails can:
- Give scammers access to your systems.
- Install malware that disrupts operations and steals sensitive data.
The fallout? High recovery costs, time loss, and potential damage to your business’s reputation.
How to Protect Your Business
- Train Your Team
Ensure your employees stay alert to this new threat. Remind them to verify the sender’s identity before opening shared files or clicking links, even if the email seems trustworthy. - Use Multi-Factor Authentication (MFA)
MFA provides an extra layer of protection by requiring a second step—like a code sent to a phone—along with the password. - Keep Security Software Updated
Regular updates ensure your software can defend against the latest attack methods.
Need Help Securing Your Business?
We offer tailored security solutions, employee training, and continuous monitoring to help keep your business safe. Get in touch today to learn more.
