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• Protecting Microsoft 365 data is vital for cybersecurity, as its applications are widely used across daily business operations.
• Microsoft 365 includes tools like Exchange, Teams, SharePoint, OneDrive, and more, all of which store sensitive and critical business data.
• Organizations are increasingly investing in third-party solutions or managed backup services to safeguard this data.
• Ransomware is reportedly being designed specifically to target Microsoft 365 and other SaaS applications.
• According to a report by Coalition, there was a 12% increase in cyber claims in the first half of 2023 due to ransomware attacks.
• The average ransom demand in these attacks was $1.62 million.
• Microsoft 365’s widespread use, especially with remote work setups, makes it a common target for cybercriminals.

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