The new year starts very well...with a new problem in regards to Office 365 backup.
Since 01/01/2022 teams backup could fail with the following error:
Failed to process team: XYZ Organization (ID: XYZ) which the team (ID: XYZ) belongs to not found.
Veeam is aware of this problem and currently preparing a hotfix for this issue. If you want to be among the first to receive the fix, then open a support case. If you can wait, I will update this post as soon as the fix is publicly available.
For further information see the following R&D forums post:
The Hotfix is now available via Support
The hotfix for the latest 5d CP2 (build 22.214.171.1241) has been provided to support.
The fix is now available through this KB; only for the latest VBO build at the moment (Thanks
The hotfix has been replaced with a cumulative patch. You need to be at version 5d build 126.96.36.1993 or higher to install this patch.