OVERVIEW
RaccoonO365 is a phishing-as-a-service platform active since September 2024, using malicious PDFs with lnk[.]ie links to steal Microsoft 365 credentials and MFA codes through realistic login pages. Stolen data is exfiltrated via attacker-controlled infrastructure using adversary-in-the-middle techniques. The service has expanded with tools like the Postman mailer, which abuses compromised accounts for phishing, and a lead extractor to harvest more victims. Campaigns mainly target IT staff in global supply chains. Despite takedowns, affiliates maintain resilient infrastructure, making ongoing awareness, IOC monitoring, and strict account hygiene critical.
AFFECTED SYSTEMS
- Microsoft 365 accounts – primary target for credential and MFA theft.
- Azure infrastructure – abused through compromised accounts for phishing delivery.
- Email ecosystems – compromised or spoofed accounts used to distribute phishing.
- Industrial supply chain organizations – particularly…..



