Microsoft has recently warned business owners about a sophisticated phishing scam targeting users of trusted cloud platforms like SharePoint and OneDrive. These scams involve cybercriminals pretending to be legitimate sources to steal sensitive login information.
While platforms like SharePoint and OneDrive are generally secure, scammers have found ways to manipulate privacy settings to bypass security checks.
How the Scam Works
The scammers gain access to your cloud storage by either stealing your login details or purchasing them on the dark web. Once inside, they upload a fake file designed to look like an official Microsoft 365 login page.
To appear trustworthy, they may set the file to “view-only” or restrict access to specific users, such as you or your team.
The consequences can be severe if you open the file or click on any links in the email. Scammers could gain access to your systems or install malicious software (malware) to steal data, disrupt operations, or cause financial harm.
Recovering from such attacks can be costly and time-consuming. Worse, your business’s reputation may suffer, which could impact client trust.
Protect Your Business
Here are some essential steps to safeguard your business from this type of scam:
- Educate Your Team
Make sure your employees know about this scam and understand the importance of verifying emails, even if they seem to come from a trusted service. - Double-Check Shared Files
Always verify the identity of the sender before opening shared files. If something feels suspicious, contact the sender directly to confirm. - Use Multi-Factor Authentication (MFA)
Enable MFA on all accounts. This adds an extra layer of protection by requiring a secondary verification step, like a code sent to your phone, along with your password. - Keep Security Software Updated
Ensure that your security software is up to date so it can defend against the latest threats.
Need Help?
Protecting your business from cyberattacks is more important than ever. If you’d like assistance with enhanced security measures, employee training, or system monitoring, reach out to us today.
Stay vigilant and stay protected!
Until next time, keep fit and have fun!
(TYYV) The Yada Yada Version:
Microsoft warns of phishing scams on SharePoint and OneDrive, and yada yada yada businesses need to make sure they are verifying files, enabling MFA, and updating security.
