Ransomware gangs are on the hunt for organizations that have yet to patch their vulnerable Microsoft SharePoint servers. Why it matters: Those could include organizations across the government and sectors including education,

Threat actors exploit SharePoint flaws to access internal systems, steal sensitive data, and carry out surveillance, impersonation, and extortion.

Ransomware has officially entered the Microsoft SharePoint exploitation ring. Late Wednesday, in an update to its earlier warning, Redmond confirmed that a threat group it tracks as Storm-2603 is abusing vulnerable on-premises SharePoint servers to deploy ransomware.