Researchers Alert About Ransomware Attacks Targeting Microsoft Cloud ‘Versioning’ Feature

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Researchers detected a functionality in Office 365 that enables cybercriminals to ransom items stored on SharePoint and OneDrive. When the researchers informed Microsoft, they were assured that the system was functioning as designed and it is a feature rather than a vulnerability. 

Files stored and updated on the cloud have long been thought to be resistant to encryption extortion — the autosave and versioning capabilities should offer enough backup capability. Researchers at Proofpoint have displayed that this is a false assumption. They reported, “Our research focused on… SharePoint Online and OneDrive… and shows that ransomware actors can now target organizations’ data in the cloud and launch attacks on cloud infrastructure.” 
There are two ways to accomplish this using the Microsoft versioning feature (which allows the user to specify the maximum number of older versions to be stored). Older versions beyond this level are designed difficult, if not impossible to recover. The first attack is more theoretical than practical, while the second is undeniably practical. The maximum number of revisions of a document that may be saved by default is 500. Simply said, the attacker modifies and encrypts the file 501 times. 
The changes do not have to be significant – just enough to cause the system to save the new (encrypted) version. All versions of the document will be encrypted by the completion o

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