Microsoft is alerting business owners about a new phishing scam, where cybercriminals impersonate a trusted source to deceive you into revealing login credentials, utilizing popular cloud services like SharePoint and OneDrive.
Even though these platforms are generally secure, scammers have discovered ways to bypass security by manipulating privacy settings.
These scammers infiltrate your cloud storage by either stealing your login credentials or purchasing them on the black market.
Once inside, they upload a file designed to appear legitimate, such as a counterfeit Microsoft 365 login page. They configure the file to “view-only” or restrict access to specific individuals, like you and your team.
Opening these files or clicking any links within the emails can seriously harm your business. Scammers might use your information to access your systems or install malware, enabling them to disrupt operations and steal data.
Recovering from such attacks can be costly and time-consuming, not to mention the potential harm to your business’s reputation.
Ensure your employees are aware of this new threat and exercise caution when opening emails, even if they seem to come from a trusted service.
Before opening any shared files, verify the sender’s identity. If something seems suspicious, contact the sender directly for confirmation.
Implement multi-factor authentication (MFA) on all your team’s devices. This adds an additional security layer by requiring a second piece of information, like a code sent to your phone, along with your password.
Additionally, keep your security software updated to be prepared to block the latest attack types.
Would you like our assistance in safeguarding your business with enhanced security, training, and monitoring? Contact us.
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