diff --git a/rules/o365/initial_access_o365_exchange_anti_phish_rule_mod.toml b/rules/o365/initial_access_o365_exchange_anti_phish_rule_mod.toml
new file mode 100644
index 000000000..a0e674d27
--- /dev/null
+++ b/rules/o365/initial_access_o365_exchange_anti_phish_rule_mod.toml
@@ -0,0 +1,53 @@
+[metadata]
+creation_date = "2020/11/19"
+ecs_version = ["1.6.0"]
+maturity = "production"
+updated_date = "2020/11/19"
+
+[rule]
+author = ["Elastic"]
+description = """
+Identifies the modification of an anti-phishing rule in Office 365. By default, Office 365 includes built-in features
+that help protect users from phishing attacks. Anti-phishing rules increase this protection by refining settings to
+better detect and prevent attacks.
+"""
+false_positives = [
+    """
+    An anti-phishing rule may be deleted by a system or network administrator. Verify that the configuration change was
+    expected. Exceptions can be added to this rule to filter expected behavior.
+    """,
+]
+from = "now-30m"
+index = ["filebeat-*"]
+language = "kuery"
+license = "Elastic License"
+name = "O365 Exchange Anti-Phish Rule Modification"
+note = "The O365 Fleet integration or Filebeat module must be enabled to use this rule."
+references = [
+    "https://docs.microsoft.com/en-us/powershell/module/exchange/remove-antiphishrule?view=exchange-ps",
+    "https://docs.microsoft.com/en-us/powershell/module/exchange/disable-antiphishrule?view=exchange-ps",
+]
+risk_score = 47
+rule_id = "97314185-2568-4561-ae81-f3e480e5e695"
+severity = "medium"
+tags = ["Elastic", "Cloud", "Office 365", "Continuous Monitoring", "SecOps", "Configuration Audit"]
+type = "query"
+
+query = '''
+event.dataset:o365.audit and event.provider:Exchange and event.category:web and event.action:("Remove-AntiPhishRule" or "Disable-AntiPhishRule") and event.outcome:success
+'''
+
+
+[[rule.threat]]
+framework = "MITRE ATT&CK"
+[[rule.threat.technique]]
+id = "T1566"
+name = "Phishing"
+reference = "https://attack.mitre.org/techniques/T1566/"
+
+
+[rule.threat.tactic]
+id = "TA0001"
+name = "Initial Access"
+reference = "https://attack.mitre.org/tactics/TA0001/"
+