For the first time in the history of Microsoft, a cyberattack has left hundreds of executive accounts compromised and caused a major user data leak as Microsoft Azure was attacked.
According to Proofpoint, the hackers use the malicious techniques that were discovered in November 2023. It includes credential theft through phishing methods and cloud account takeover (CTO) which helped the hackers gain access to both Microsoft365 applications as well as OfficeHome.
every day i lose my mind a little more at how much trust hundreds of thousands of companies across the world place in third parties like microsoft to handle literally all of their sensitive data, as if that could be a good idea in any universe
While I don’t disagree it’s dangerous, most companies handling their own data would likely do a lot worse, just with smaller chance of being targeted.
Especially when history has shown that Microsoft had and has issues with security basically everywhere.