Stolen Microsoft 365 Tokens Hit 79 Organizations

Cybersecurity News · High sophistication
Last updated October 27, 2026

Attackers used fake Microsoft sign-in pages and device-code phishing to capture or obtain authenticated Microsoft 365 sessions, bypassing the need to repeat multi-factor authentication. They then took over accounts, added their own devices and authentication methods, and hid messages with inbox rules, sometimes within minutes of the victim authenticating.

Key findings

  • Attackers compromised Microsoft 365 accounts at 79 organizations and recorded at least 497 successful sign-ins between July 14 and September 22, 2026.
  • The campaign combined adversary-in-the-middle phishing, device-code phishing, and stolen-session replay rather than password guessing.
  • Fake sign-in pages relayed victims' credentials and MFA challenges to Microsoft, then captured the authenticated session created after successful sign-in.
  • In 19 organizations, attackers removed existing MFA methods and registered replacement methods within three hours of their first campaign-linked sign-in.
  • Attackers registered at least 48 rogue Microsoft Entra devices to retain access.
  • One compromised account sent a payroll-related message to an external accountant while inbox rules hid banking-related messages and replies.
  • Conditional Access blocked 1,052 attempts at four organizations during one campaign wave.

Who’s being targeted

  • Commonly targeted roles: All Microsoft 365 users, Finance and payroll teams, Accounts payable, Executive assistants, IT helpdesk, Microsoft 365 administrators.
  • Affected industries: Multiple industries using Microsoft 365.
  • Attack channels: website.
  • Impersonated: Microsoft 365 sign-in service, Microsoft device authorization sign-in.

Awareness takeaways

  • Treat unexpected Microsoft 365 sign-in and MFA prompts as suspicious. Do not enter credentials or approve MFA unless you initiated the sign-in and have verified the destination.
  • Do not complete a device-code sign-in or approve a device session unless you personally initiated it for a recognized device or application.
  • Finance and payroll staff should independently verify unexpected payment, banking, or accountant-related messages using a known contact method.
  • Report unfamiliar MFA methods, devices, or missing email messages immediately; these may indicate an account takeover rather than a simple login issue.

Red flags to watch for

  • The sign-in page may use a lookalike or unexpected web address.
  • An MFA approval appears when the user did not expect to sign in.
  • A sign-in request is triggered from an unexpected email, message, or browser prompt.
  • A device-code sign-in is requested without the user setting up a device or application.
  • The user is asked to approve a session whose device or application they do not recognize.
  • The request is unexpected even if it uses a legitimate Microsoft website.
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Read the video transcript

That Microsoft login can steal your session, even after MFA. A fake page says, ‘Sign in to your Microsoft 365 account to continue.’ It relays your password and MFA to Microsoft, then captures the signed-in session. The giveaway? An unexpected address or MFA prompt. Device-code phishing can even use Microsoft’s real site: a code you didn’t request approves someone else’s session. In this campaign, stolen sessions reached 79 organizations. Didn’t start the sign-in yourself? Stop, don’t approve it.

MITRE ATT&CK techniques

T1566.002 - Phishing: Spearphishing Link · PhishingT1550.004 - Use Alternate Authentication Material: Web Session CookieT1656 - ImpersonationT1098 - Account ManipulationT1098.005 - Account Manipulation: Device Registration · Account ManipulationT1114.003 - Email Collection: Email Forwarding Rule · Email Collection

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