Microsoft Corporation (MSFT) Takes Down Raccoonn365 Phishing Network

Microsoft Corporation (NASDAQ:MSFT) is one of the best beginner stocks to buy, according to analysts. On September 16, the company confirmed that its Digital Crimes Unit had successfully brought the Raccoon365 phishing network under control. Cybercriminals have used the tool to steal Microsoft 365 usernames and passwords.

With the help of a court order, the unit seized 338 websites associated with Raccoon365, thereby disrupting their technical infrastructure. Raccoon365 had become popular among cybercriminals for offering subscription-based phishing kits used to target unsuspecting Microsoft 365 users.

Raccoon365 phishing kits leveraged Microsoft branding to make fraudulent emails, attachments, and websites appear legitimate. Cybercriminals used it to send emails, thereby enticing users to open the link and disclose their personal information. Since July 2024, the kit has been used to steal at least 5,000 Microsoft credentials in 94 countries.

Microsoft Corporation (NASDAQ:MSFT) is a technology company that develops and sells software, hardware, and cloud-based services. Its products range from the Windows operating system and Microsoft Office productivity suite to the Xbox gaming console, the Surface line of devices, and the Azure cloud platform.

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Disclosure: None. This article is originally published at Insider Monkey.