Could Your Microsoft Apps Be Helping Hackers?

What we’ll cover today:

🔒 Hackers Weaponize Trusted Microsoft Apps.
🚀 The #1 Way to Crush it in SaaS Sales Today.
💸 How to Build a $1M SaaS in ANY Category.
🔗 The Event Roundup.

Hackers Weaponize Trusted Microsoft Apps.

Think your Teams and OneDrive are safe?

Think again.

Cybercriminals are turning trusted Microsoft SaaS into cyber weapons. Here’s how they’re doing it:

• VEILDrive Attack: Hackers disguised themselves as IT staff on Microsoft Teams and sent a file that secretly carried malware.

• Remote Access: Using Quick Assist, they gained remote access to set up monitoring tools and issue commands on the infected system.

• Malware Control via OneDrive: OneDrive became the command centre for these attackers, letting them control systems undetected.

• Backup Control: If OneDrive failed, the malware used an Azure virtual machine as a backup to receive instructions.

This clever attack bypassed standard security measures, reminding us that even trusted tools can become threats in disguise.

Here's More From The Article

1. The #1 Way to Crush it in SaaS Sales Today.

This is a clip from Jason Lemkin’s Twitter.

Jason Lemkin is a prominent SaaS industry figure known for his expertise as an entrepreneur, investor, thought leader, and founder of SaaStr.

In his recent tweet, he shares: “The #1 way to crush it in SaaS sales today -- be a true product expert.

Not just a 'people person.

Way too many folks in sales today just don't know the product they are selling cold.” 

Here’s The Whole Clip.

2. How to Build a $1M SaaS in ANY Category.

This is a tweet from Starter Story. 

With over 11.5K followers on Twitter, He shares business ideas that make money.

In a recent tweet, he shares how you can build a $1M SaaS in any category.

“1. Pick a niche (the more specific the better)

2. Find a painful problem

3. Look for a solution

4. None? Build” - He adds in the tweet.

Here’s The Whole Thread

1. Source Intelligence Unveils C-SMAP: Next-Gen SaaS for Supply Chain Compliance.

Source Intelligence’s release of C-SMAP, a new SaaS tool designed to help businesses manage and assess supply chain compliance risks more effectively. 

This platform integrates advanced data analytics and artificial intelligence to give users real-time insights into their supply chain risks, covering regulatory compliance, sustainability practices, and ethical sourcing.

2. Covalensedigital to Showcase Csmart SaaS BSS Platform at AfricaCom 2024.

Gartner predicts that by 2026, 65% of B2B sales organisations will move from relying on gut feelings to making decisions based on data, using technology that combines workflow, data, and analytics. 

Also, companies that use data-driven sales methods say that sales cycles have been reduced by up to 27%, showing that personalised approaches make buyers happier and bring real business results.

3. Nuvini Announces Successful Financing Round and Appointment of New COO.

Nuvini, a B2B SaaS acquirer in Latin America, has completed a new financing round combining equity and convertible notes. The financing was led by CEO Pierre Schurmann and existing investors, and the convertible notes were priced at $1.10 per share.