Skip to main content
See every side of every news story
Published loading...Updated

Microsoft, Europol Take Down Global Phishing as a Service Network Which Was Able to Bypass 2FA with Ease

  • On March 4, 2026, Europol coordinated an international operation disrupting Tycoon2FA and taking 330 domains offline, with Microsoft leading technical efforts across Latvia, Lithuania, Portugal, Poland, Spain, and the United Kingdom.
  • Tycoon2FA first emerged in August 2023 as an adversary-in-the-middle reverse proxy intercepting credentials, one-time passcodes, and session cookies to bypass MFA and compromise nearly 100,000 organizations.
  • Researchers linked the operation to monikers SaaadFridi and MrXaad, noting it had more than 24,000 domains and roughly 2,000 users at disruption, sold via Telegram for $120 for 10 days.
  • The takedown is a setback but does not eliminate the threat as previously stolen credentials and active session cookies may persist; TrendAI will continue monitoring and support investigations.
  • Security experts say the takedown highlights that MFA alone is insufficient and recommend phishing-resistant authentication, strict conditional access, advanced email security, real-time URL inspection, and continuous identity-risk monitoring as identity is the primary attack surface.
Insights by Ground AI

38 Articles

Center

An international operation coordinated by Europol has resulted in the dismantling of Tycoon 2FA, an online service used by cyber criminals to hack large-scale accounts. ...

·Brussels, Belgium
Read Full Article
Lean Right

PJ explained that the Tycoon 2FA platform was in operation since August 2023 and allowed "to pass multifactor authentication mechanisms and ensure illegal access to e-mail boxes".

·Portugal
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 89% of the sources are Center
89% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

BleepingComputer broke the news in on Wednesday, March 4, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal