Microsoft: OAuth apps used to automate BEC and cryptomining attacks

Microsoft warns that financially-motivated threat actors are using OAuth applications to automate BEC and phishing attacks, push spam, and deploy VMs for cryptomining.
OAuth is an open standard for granting apps secure delegated access to server resources based on user-defined permissions via token-based authentication and authorization without providing credentials.
Recent incidents investigated by Microsoft Threat Intelligence experts revealed that attackers mainly target user accounts that lack robust authentication mechanisms in phishing or password-spraying attacks, focusing on those with permissions to create or modify OAuth apps.
The hijacked accounts are then used to create new OAuth applications and grant them high privileges, allowing their malicious activity to remain hidden while ensuring continued access even if the original account is lost.
These high-privileged OAuth apps are utilized for a broad spectrum of illicit activities, including deploying virtual machines dedicated to cryptocurrency mining, securing continued access in Business Email Compromise attacks, and initiating spam campaigns that exploit the domain names of compromised organizations.
One notable instance involves a threat actor tracked as Storm-1283, who created an OAuth app to deploy cryptocurrency mining virtual machines.
The financial impact on targeted organizations ranged from $10,000 to $1.5 million, depending on the attack's duration.
Another threat actor exploited OAuth apps created using compromised accounts to maintain persistence and launch phishing campaigns using an adversary-in-the-middle phishing kit.
A third threat actor tracked as Storm-1286 hacked user accounts that weren't protected by multi-factor authentication in a series of password-spraying attacks.
The compromised accounts were then used to create new OAuth apps in the targeted organization, which enabled the attackers to send thousands of spam emails every day and, in some cases, months after the initial breach.
To defend against malicious actors misusing OAuth apps, Microsoft recommends using MFA to thwart credential stuffing and phishing attacks.
Security teams should also enable conditional access policies to block attacks that leverage stolen credentials, continuous access evaluation to automatically revoke user access based on risk triggers, and Azure Active Directory security defaults to ensure MFA is enabled and privileged activities are protected.
Phishing-as-a-service operation uses double theft to boost profits.
Windows 10 KB5033372 update released with Copilot for everyone, 20 changes.
UK and allies expose Russian FSB hacking group, sanction members.
Russian pleads guilty to running crypto-exchange used by ransomware gangs.


This Cyber News was published on www.bleepingcomputer.com. Publication date: Tue, 12 Dec 2023 23:55:27 +0000


Cyber News related to Microsoft: OAuth apps used to automate BEC and cryptomining attacks

Attackers Target Microsoft Accounts to Weaponize OAuth Apps - Threat actors are abusing organizations' weak authentication practices to create and exploit OAuth applications, often for financial gain, in a string of attacks that include various vectors, including cryptomining, phishing, and password spraying. ...
6 months ago Darkreading.com
Threat actors misuse OAuth applications to automate financially driven attacks - Threat actors are misusing OAuth applications as an automation tool in financially motivated attacks. Threat actors compromise user accounts to create, modify, and grant high privileges to OAuth applications that they can misuse to hide malicious ...
6 months ago Microsoft.com
Microsoft: OAuth apps used to automate BEC and cryptomining attacks - Microsoft warns that financially-motivated threat actors are using OAuth applications to automate BEC and phishing attacks, push spam, and deploy VMs for cryptomining. OAuth is an open standard for granting apps secure delegated access to server ...
6 months ago Bleepingcomputer.com
Microsoft Disables Verified Partner Accounts Used for OAuth Phishing - Microsoft has disabled multiple fraudulent, verified Microsoft Partner Network accounts for creating malicious OAuth applications that breached organizations cloud environments to steal email. In a joint announcement between Microsoft and Proofpoint, ...
1 year ago Bleepingcomputer.com
What SOCs Need to Know About Water Dybbuk - According to the Federal Bureau of Investigation, BEC costs victims more money than ransomware, with an estimated US$2.4 billion being lost to BEC in the US in 2021. Recently, BEC scammers have been using stolen accounts from legitimate Simple Mail ...
1 year ago Trendmicro.com
Hackers Abuse OAuth Applications to Automated Finacial Attacks - OAuth is an industry-standard protocol that allows third-party applications to access a user's data without exposing login credentials. This standard protocol facilitates secure authorization and authentication, commonly used to access resources on ...
6 months ago Cybersecuritynews.com
Concerned About Business Email Compromise? 4 Technologies That Can Help - Business email compromise is a sophisticated form of cybercrime that targets commercial, governmental and non-profit organizations. The cybercriminal impersonates a senior executive or a key vendor and sends an email to an unsuspecting employee with ...
6 months ago Securityboulevard.com
Microsoft warning: These phishing attackers used fake OAuth apps to steal email - Microsoft has warned that fraudulent Microsoft Partner Network accounts were used in a phishing campaign that featured bogus apps that tricked victims into granting them permissions to access their email accounts. The attackers used the fraudulent ...
1 year ago Zdnet.com
Data thieves abuse Microsoft's 'verified publisher' status The Register - Miscreants using malicious OAuth applications abused Microsoft's "Verified publisher" status to gain access to organizations' cloud environments, then steal data and pry into to users' mailboxes, calendars, and meetings. According to researchers with ...
1 year ago Packetstormsecurity.com
Attackers abuse OAuth apps to initiate large-scale cryptomining and spam campaigns - Attackers are compromising high-privilege Microsoft accounts and abusing OAuth applications to launch a variety of financially-motivated attacks. OAuth is an open standard authentication protocol that uses tokens to grant applications access to ...
6 months ago Helpnetsecurity.com
CyberCrime & Doing Time: Identification Documents: an Obsolete Fraud Countermeasure - When I'm talking to bankers and other fraud fighters, I often mention how easy it is for a criminal to obtain a Drivers License bearing any information they desire. In the new case, Brianna Mills, a 28-year old bank teller in Loganville, Georgia ...
4 months ago Garwarner.blogspot.com
Money-grubbing crooks abuse OAuth apps for BEC, phishing The Register - Multiple miscreants are misusing OAuth to automate financially motivated cyber crimes - such as business email compromise, phishing, large-scale spamming campaigns - and deploying virtual machines to illicitly mine for cryptocurrencies, according to ...
6 months ago Go.theregister.com
Hackers Abused Microsoft's "Verified Publisher" OAuth Apps to Hack Corporate Email Accounts - Microsoft on Tuesday said it took steps to disable fake Microsoft Partner Network accounts that were used for creating malicious OAuth applications as part of a malicious campaign designed to breach organizations' cloud environments and steal email. ...
1 year ago Thehackernews.com
RedTail Malware Abuses Palo Alto Flaw in Latest Cryptomining Campaign - Hackers with possible ties to the notorious North Korea-linked Lazarus Group are exploiting a recent critical vulnerability in Palo Alto Network's PAN-OS software to run a sophisticated cryptomining operation that likely has nation-state backing. In ...
1 month ago Securityboulevard.com
What Is OAuth 2.0? - Scope of Access: Before OAuth, the meal planning app might have access to data that the user did not actually wish to share. No Way to Revoke Access: Before OAuth, the user could not easily restrict or revoke the meal planning app's access to their ...
5 months ago Feeds.dzone.com
Microsoft Incident Response lessons on preventing cloud identity compromise - Microsoft Incident Response is often engaged in cases where organizations have lost control of their Microsoft Entra ID tenant, due to a combination of misconfiguration, administrative oversight, exclusions to security policies, or insufficient ...
6 months ago Microsoft.com
Microsoft Shares New Guidance in the Wake of 'Midnight Blizzard' Cyberattack - Microsoft has released new guidance for organizations on how to protect against persistent nation-state attacks like the one disclosed a few days ago that infiltrated its own corporate email system. A key focus of the guidance is on what ...
5 months ago Darkreading.com
ChatGPT Clone Apps Collecting Personal Data on iOS, Play Store - On Android devices, one of the apps analyzed by researchers has more than 100,000 downloads, tracks, and shares location data with ByteDance and Amazon, etc. ChatGPT, the AI software, has already taken the Internet by storm, and that is why ...
1 year ago Hackread.com
Business Email Compromise Scams: Prevention and Response - We will also highlight red flags to watch out for in suspicious emails, emphasizing the importance of implementing robust email authentication methods and comprehensive employee training programs to enhance awareness and response capabilities. BEC ...
5 months ago Securityzap.com
9 Best DDoS Protection Service Providers for 2024 - eSecurity Planet content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More. One of the most powerful defenses an organization can employ against distributed ...
6 months ago Esecurityplanet.com
Microsoft: Legacy account hacked by Russian APT had no MFA - Microsoft said the legacy test tenant account hacked by Russian nation-state threat actors this month did not have MFA enabled. According to the initial disclosure, the account compromised was a legacy, non-production test tenant account that threat ...
5 months ago Techtarget.com
Microsoft reveals how hackers breached its Exchange Online accounts - Microsoft confirmed that the Russian Foreign Intelligence Service hacking group, which hacked into its executives' email accounts in November 2023, also breached other organizations as part of this malicious campaign. On January 12, 2024, Microsoft ...
5 months ago Bleepingcomputer.com
Latest Information Security and Hacking Incidents - User data security has grown critical in an era of digital transactions and networked apps. The misuse of OAuth applications is a serious danger that has recently attracted attention in the cybersecurity field. OAuth is a widely used authentication ...
6 months ago Cysecurity.news
Data Insecurity: Experts Sound the Alarm on 4 Apps Putting User Privacy at Risk - Even though many of us rely on apps to entertain us, guide us, manage our exercise, and connect with family and friends, they are notoriously hard to trust. In an age when technology is constantly evolving, it is almost impossible to tell if a ...
6 months ago Cysecurity.news
Threat Actors Exploit Microsoft Verified Publisher Status to Abuse OAuth Privileges - Researchers from cybersecurity firm Proofpoint have discovered a new threat campaign involving malicious third-party OAuth apps that are used to infiltrate organizations cloud environments. Threat actors abused Microsofts Verified publisher status, ...
1 year ago Csoonline.com

Cyber Trends (last 7 days)


Trending Cyber News (last 7 days)