Resurgence of a multi‑stage AiTM phishing and BEC campaign abusing SharePoint

Microsoft Defender Researchers have uncovered a multi‑stage adversary‑in‑the‑middle (AiTM) phishing and business email compromise (BEC) campaign targeting multiple organizations in the energy sector, resulting in the compromise of various user accounts. The campaign abused SharePoint file‑sharing services to deliver phishing payloads and relied on inbox rule creation to maintain persistence and evade user awareness. The attack transitioned into a series of AiTM attacks and follow-on BEC activity spanning multiple organizations.

Following the initial compromise, the attackers leveraged trusted internal identities from the target to conduct large‑scale intra‑organizational and external phishing, significantly expanding the scope of the campaign. Defender detections surfaced the activity to all affected organizations.

This attack demonstrates the operational complexity of AiTM campaigns and the need for remediation beyond standard identity compromise responses. Password resets alone are insufficient. Impacted organizations in the energy sector must additionally revoke active session cookies and remove attacker-created inbox rules used to evade detection.

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