You already paid for this
Most M365 security capability ships disabled or under-configured. If you have Business Premium or E3/E5, you're leaving protection on the table.
Turn these on first
- Security defaults or Conditional Access — enforce MFA and block legacy authentication
- Anti-phishing and Safe Links/Safe Attachments in Defender for Office 365
- Audit logging (on by default now, but verify retention)
- Self-service password reset with MFA
- DKIM and DMARC on your sending domain