A takeover of Microsoft Office 365 accounts may be the first item on the to-do list of bad actors who have breached an organization’s cybersecurity. Baker & Hostetler released its 2020 Data Security Incident Response Report on Thursday, indicating that ransomware is thriving with the help of stolen contact lists pilfered from underprotected accounts.
The report is based on information gleaned from 950 cyber incidents that Baker & Hostetler consulted on over the course of 2019. In 31% of the cases featured, bad actors initiated an Office 365 account takeover after the initial breach. Deployment of ransomware was the next most common step (24%), followed by the installation of malware (13%).
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