File hosting services misused for identity phishing

Since mid-April 2024, Microsoft has observed an increase in defense evasion tactics used in campaigns abusing file hosting services like SharePoint, OneDrive, and Dropbox. These campaigns use sophisticated techniques to perform social engineering, evade detection, and compromise identities, and include business email compromise (BEC) attacks.
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Octo Tempest crosses boundaries to facilitate extortion, encryption, and destruction

Microsoft has been tracking activity related to the financially motivated threat actor Octo Tempest, whose evolving campaigns represent a growing concern for many organizations across multiple industries.
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