New phishing scam is smarter than ever… here’s some tips on how to protect your business:

Microsoft Warns Business Owners About Sophisticated Phishing Scams

Microsoft has issued a warning about a new type of phishing scam where cybercriminals pose as trusted sources to steal login information. These scams exploit popular cloud platforms like SharePoint and OneDrive to bypass security measures.

Although these services are generally secure, scammers manipulate privacy settings to slip through undetected.

Here’s how it works:

• Accessing Your Account: Scammers either steal your login credentials or purchase them on the black market.
• Planting Fake Files: Once inside your cloud storage, they upload files designed to look legitimate—such as a counterfeit Microsoft 365 login page.
• Restricted Access: The files are set to “view-only” or shared with a specific group, like you and your team, to appear credible.

The Risks:

Opening these files or clicking on links within scam emails can lead to significant damage. Cybercriminals may:

• Gain access to your systems.
• Deploy malware to disrupt operations and steal sensitive information.
• Recovering from these attacks is often costly and time-consuming, not to mention the potential harm to your business’s reputation.

Protect Your Business:

• Educate Your Team: Ensure employees are aware of this new threat. Even emails from trusted services should be treated with caution.
• Verify Suspicious Emails: Always double-check the sender’s identity. If something doesn’t feel right, contact them directly to confirm.
• Enable Multi-Factor Authentication (MFA): MFA adds an extra layer of security by requiring a second verification step, like a code sent to your phone.
• Stay Up to Date: Regularly update your security software to guard against the latest threats.

Need Help?

We can help safeguard your business with advanced security, employee training, and proactive monitoring. Contact us today to learn more.