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Sophisticated Office 365 account fraud revealed and closed down by Microsoft

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‘Consent phishing’ attacks can defeat two-factor authentication

Ars Technica describes how businesses in 62 countries were targeted by a ‘Business Email Compromise’ attack that tricked CEOs and business leaders into transferring large sums of money to the attackers. One scam used imitative domains containing the word ‘office’ to mimic trusted parties.  Another involved a fake Microsoft App which asked permission to access the victim’s accounts, using Covid-19 as a lure. Such attacks often go unrecognised, according to Microsoft, because there is no request for a password. The technique, known as ‘consent phishing’, may even get around two-factor authentication, says the news site. Instead users are advised to look for misspelled words, bad grammar or unusual word combinations.

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'Consent phishing' attacks can defeat two-factor authentication. Sophisticated Office 365 account fraud revealed and closed down by Microsoft

Privacy, Safety, Security
Americas, Europe, Asia Pacific
Regulatory Watch
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