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Office 365 Users Targeted in New Phishing Attack

8/29/2021

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Office 365 users are now in cybercriminals' crosshairs in a new phishing campaign, according to a warning the Microsoft Security Intelligence (MSI) team issued via Twitter. Malicious actors are using email addresses that appear to be legitimate, with display names that mimic bona fide services to dodge email filters.
Microsoft cautioned cybercriminals are going above and beyond to use detection-evasion techniques that are convincing and authentic-looking.

"An active phishing campaign is using a crafty combination of legitimate-looking original sender email addresses, spoofed display sender addresses that contain the target usernames and domains, and display names that mimic legitimate services to slip through email filters," MSI explained on Twitter.

The deceptive phishing campaign targets Office 365 organizations with employees who often send attachments to co-workers. MSI found phishing emails that seemed as if they were sent from a trusted source. Many of these emails contained faux Microsoft SharePoint attachments with labels such as "Price Books," "Bonuses" and "Staff Reports."

The phishing emails use a tactic called "typosquatting," which involves registering deliberately misspelled domains that, at first glance, look close to a well-known brand. Most quick readers would overlook the subtle typo.

If users fall for the bait and click on the "Open" link, it will lead them to a page that lures them to type in their Microsoft or Google credentials. According to MSI, these sign-on pages look very convincing, making users believe that they're on a trustworthy path to a legitimate website.

MSI kept emphasizing how authentic these phishing emails looked. Employers may not be able to rely on their employees' good judgment to identify suspicious-looking emails. That's why MSI shamelessly plugged its Microsoft Defender for Office 365 program as a solution, adding that this software "detects and blocks" these emails.
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Phishing attacks are a huge thorn in the side for many popular companies like Netflix and PayPal, but the Redmond-based tech giant should be particularly concerned. According to a CheckPoint Research study, Microsoft topped the list as being the most imitated brand for phishing attacks.
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    Rick Richardson, CPA, CITP, CGMA

    Rick is the editor of the weekly newsletter, Technology This Week. You can subscribe to it by visiting the website.

    Rick is also the Managing Partner of Richardson Media & Technologies, LLC. Prior to forming his current company, he had a 28-year career in technology with Ernst & Young, the last twelve years of which he served as National Director of Technology.

    Mr. Richardson has been named to the "Technology 100"- the annual honors list of the 100 key achievers in technology in America. He has also been honored by the American Institute of CPAs with two Lifetime Achievement awards and a Special Career Recognition Award for his contributions to the profession in the field of technology.

    In 2012, Rick was inducted into the Accounting Hall of Fame by CPA Practice Advisor Magazine. He has also been named to the 100 most influential individuals in the accounting profession in America by Accounting Today magazine.

    In 2017, Rick was inducted as a Marquis Who’s Who Lifetime Achiever, a registry of professionals who have excelled in their fields for many years and achieved greatness in their industry.

    He is a sought after speaker around the world, providing his annual forecast of future technology trends to thousands of business executives, professionals, community leaders, educators and students.

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