VBO: Failed to process team: XYZ Organization (ID: ) which the team (ID: ) belongs to not found

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:

https://forums.veeam.com/veeam-backup-for-office-365-f47/o365-backups-fail-since-1-1-2022-01-00-t78479.html#p439853

Update #1:

The Hotfix is now available via Support

The hotfix for the latest 5d CP2 (build 5.0.3.1051) has been provided to support.

Update #2:

The fix is now available through this KB; only for the latest VBO build at the moment (Thanks @JMeixner):

https://www.veeam.com/kb4268

Update #3:

The hotfix has been replaced with a cumulative patch. You need to be at version 5d build 5.0.3.1033 or higher to install this patch.

https://www.veeam.com/kb4270?ad=in-text-link