ConnectWise suspends Cloud Backup service after attackers abuse its Microsoft 365 access

American software company ConnectWise is contending with a security incident that has allowed unknown attackers to use its application identities to break into organizations’ Microsoft 365 accounts. The intruders used a compromised credential belonging to the ConnectWise Cloud Backup application, formerly known as SkyKick. This spurred the company to temporarily suspend the backup service, as well as its SaaS Security (monitoring and alerting) and Cloud Management (user and license management) s