Authorities in Nigeria successfully arrested three suspects linked to a major phishing operation involving the RaccoonO365 PhaaS scheme. The operation targeted Microsoft 365 users worldwide, leading to significant data breaches and financial losses. #RaccoonO365 #PhishingScheme
Keypoints
- Nigeria authorities arrested three suspects involved in phishing attacks targeting corporations and Microsoft 365 accounts.
- The main suspect developed a PhaaS infrastructure selling phishing links via Telegram for cryptocurrency.
- RaccoonO365 facilitated credential theft from at least 5,000 Microsoft accounts across 94 countries since July 2024.
- Microsoft, Cloudflare, and law enforcement collaborated to disrupt the phishing infrastructure and seize domains.
- Legal actions, including lawsuits by Microsoft and Google, target PhaaS operators involved in cybercriminal activities.
Read More: https://thehackernews.com/2025/12/nigeria-arrests-raccoono365-phishing.html