FISA

A previously undocumented "phishing empire" has been linked to cyber attacks aimed at compromising Microsoft 365 business email accounts over the past six years. "The threat actor created a hidden underground market, named W3LL Store, that served a closed community of at least 500 threat actors who could purchase a custom phishing kit called W3LL Panel, designed to bypass MFA, as well as 16 other fully customized tools for business email compromise (BEC) attacks," Group-IB said in a report shared with The Hacker News. The phishing infrastructure is estimated to have targeted more than 56,000 corporate Microsoft 365 accounts and compromised at least 8,000 of them, primarily in the U.S., the U.K., Australia, Germany, Canada, France, the Netherlands, Switzerland, and Italy between October 2022 and July 2023, netting its operators $500,000 in illicit profits. Some of the prominent sectors infiltrated using the phishing solution include manufacturing, IT, consulting, fin...

Microsoft is warning of an increase in adversary-in-the-middle (AiTM) phishing techniques, which are being propagated as part of the phishing-as-a-service (PhaaS) cybercrime model. In addition to an uptick in AiTM-capable PhaaS platforms, the tech giant noted that existing phishing services like PerSwaysion are incorporating AiTM capabilities. "This development in the PhaaS ecosystem enables attackers to conduct high-volume phishing campaigns that attempt to circumvent MFA protections at scale," the Microsoft Threat Intelligence team said in a series of posts on X (formerly Twitter). Phishing kits with AiTM capabilities work in two ways, one of which concerns the use of reverse proxy servers (i.e., the phishing page) to relay traffic to and from the client and legitimate website and stealthily capture user credentials, two-factor authentication codes, and session cookies. A second method involves synchronous relay servers. "In AiTM through synchronous relay servers the t...