Microsoft Alerts to Rising Use of File Hosting Services in Business Email Compromise Schemes
Microsoft has issued a warning about cyberattack strategies that exploit legitimate file hosting platforms like SharePoint, OneDrive, and Dropbox, commonly utilized in corporate environments as a tactic to evade defenses. These campaigns have diverse objectives, enabling threat actors to compromise identities and devices, facilitating business email compromise (BEC) incidents that lead to financial fraud, data theft, and further infiltration into networks.
The abuse of trusted internet services (LIS) is an increasingly prevalent risk factor, allowing adversaries to blend in with normal network activity, often circumventing traditional security measures and complicating threat attribution. This tactic, known as living-off-trusted-sites (LOTS), takes advantage of the inherent trust in these platforms to bypass email security protocols and deliver malware. Microsoft has noted a concerning trend in phishing attacks exploiting this strategy.
Microsoft Alerts on Increasing Use of File Hosting Services in Business Email Compromise Attacks October 9, 2024 Microsoft has issued a warning regarding a rise in cyber attack campaigns that exploit established file hosting services such as SharePoint, OneDrive, and Dropbox. These platforms, frequently utilized in corporate settings, are being…
Microsoft Alerts to Rising Use of File Hosting Services in Business Email Compromise Schemes
Microsoft has issued a warning about cyberattack strategies that exploit legitimate file hosting platforms like SharePoint, OneDrive, and Dropbox, commonly utilized in corporate environments as a tactic to evade defenses. These campaigns have diverse objectives, enabling threat actors to compromise identities and devices, facilitating business email compromise (BEC) incidents that lead to financial fraud, data theft, and further infiltration into networks.
The abuse of trusted internet services (LIS) is an increasingly prevalent risk factor, allowing adversaries to blend in with normal network activity, often circumventing traditional security measures and complicating threat attribution. This tactic, known as living-off-trusted-sites (LOTS), takes advantage of the inherent trust in these platforms to bypass email security protocols and deliver malware. Microsoft has noted a concerning trend in phishing attacks exploiting this strategy.
