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Axios and Microsoft Direct Send phishing campaign targeting all users

Campaign
First reported
Last updated
Happening score
H score 44
1 unique sources, 1 articles

Summary

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A phishing campaign is expanding to all users, increasing the risk of credential theft, MFA bypass, and session-token capture. The operation pairs Axios with Microsoft Direct Send to spoof trusted senders and push messages through inbox defenses. It began in July 2025 and first focused on finance, health care, and manufacturing before widening its reach.

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Tycoon2FA phishing campaign resumes after takedown

Campaign
First: 23.03.2026 18:05 Last: 23.03.2026 18:05 Sources 1

About this happening: **Tycoon2FA** has resumed a **broad phishing campaign** after a **major takedown**, and it is again **compromising email accounts** while **bypassing MFA**. The operation uses **a...

Tycoon 2FA-Storm-1747 ecosystem shift changes threat-actor operations

Threat Actor Meta
First: 05.03.2026 08:51 Last: 05.03.2026 08:51 Sources 1

About this happening: **Tycoon2FA** has evolved from a **subscription-based PhaaS** into a more resilient phishing service that now supports **device-code phishing** against **Microsoft 365** accounts....

Latest development: 17.05.2026 17:43

eSentire says Tycoon2FA now uses device-code phishing to target Microsoft 365 accounts, with invoice-themed lure emails carrying Trustifi click-tracking URLs that redirect through Trustifi, Cloudflare Workers, obfuscated JavaScript layers, and a fake Microsoft CAPTCHA page before sending victims to microsoft.com/devicelogin. The kit also adds anti-analysis defenses, including detection of Selenium, Puppeteer, Playwright, and Burp Suite, plus blocks for security vendors, VPNs, sandboxes, AI crawlers, and cloud providers.

Europol-coordinated Tycoon2FA takedown

Law Enforcement
First: 04.03.2026 19:01 Last: 04.03.2026 19:01 Sources 1

About this happening: **Europol** coordinated a law-enforcement operation that **seized 330 domains** tied to **Tycoon2FA**, disrupting a **phishing-as-a-service** platform used for **credential theft*...

Latest development: 23.03.2026 23:52

CrowdStrike observed Tycoon2FA return to pre-disruption activity levels within days after the March 4, 2026 Europol-led takedown, with daily campaign volumes on March 4 and March 5, 2026 falling to 25% of pre-disruption levels before rebounding to early 2026 levels. The phishing-as-a-service platform continued using largely unchanged TTPs against Microsoft 365 and Gmail accounts and remained active in malicious email campaigns, BEC, email thread hijacking, cloud account takeovers, and malicious SharePoint links.

Timeline

  1. 09.09.2025 17:14 2 articles · 8mo ago

    Axios and Microsoft Direct Send drive phishing campaign against Microsoft 365 users

    Initial Disclosure

    Threat actors are abusing Axios HTTP client tools with Microsoft's Direct Send feature to spoof trusted senders and deliver phishing emails to Microsoft 365 users, with the campaign beginning in July 2025 and expanding from executives and managers in finance, health care, and manufacturing to all users.

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