From February to July 2023, Netskope Threat Labs has been tracking a staggering 61-fold increase in traffic to phishing pages hosted in Cloudflare R2. The majority of the phishing campaigns target Microsoft login credentials, although there are some pages targeting Adobe, Dropbox, and other cloud apps. The attacks have been targeting victims mainly in North America and Asia, across different segments, led by the technology, financial services, and banking sectors.

Most social engineering scams search out their potential victims, often sending emails to known email addresses, sending chat messages to them or calling known phone numbers. The attackers take an active role in seeking out and making contact with their victims.

On March 15th, 2023, a new feature released from Microsoft enabled organizations with a paid subscription to Microsoft 365 for business, Microsoft Dynamics CRM Online, Enterprise Mobility Suite, or other Microsoft services, to add company branding to their Microsoft 365 sign-in page via Azure Active Directory. This update is often recommended to improve both user experience and security by providing assurance the individual is logging in via the legitimate page for their company.

Your business is at high risk if you have no security measures. A cyber attack can cause devastating financial damage to your business, including legal liabilities. Cyberattacks can result in lasting adverse repercussions on the reputation of your network security, as clients and customers can lose faith in your business if their personal data gets leaked.

Researchers at SafeBreach Labs have recently discovered several novel attack methods which can circumvent common security controls and execute some jaw-dropping malicious actions including: SafeBreach threat researchers have successfully executed and verified each of these attack methods, however none have been used in the wild at this point.