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Tycoon2FA Phishing-as-a-Service Takedown

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2 unique sources, 2 articles

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A global operation led by Microsoft and Europol, supported by multiple industry partners, seized infrastructure linked to the Tycoon2FA phishing-as-a-service (PhaaS) operation. Tycoon2FA offered subscription-based services that intercepted live authentication sessions, bypassing multi-factor authentication (MFA) and enabling large-scale attacks on corporate inboxes. The operation resulted in the seizure of over 300 domains associated with Tycoon2FA, which had around 2000 users and used more than 24,000 domains since its launch in August 2023. The primary operator, identified as using the online identities 'SaaadFridi' and 'Mr_Xaad,' remains at large. Tycoon2FA was generating tens of millions of phishing emails each month by mid-2025, reaching more than 60% of all blocked phishing attempts. The platform was sold through Telegram for $120 for 10 days of access, lowering the barrier for low-skilled criminals to launch sophisticated, MFA-bypassing attacks at scale.

Timeline

  1. 04.03.2026 18:00 2 articles · 2h ago

    Global Takedown of Tycoon2FA Phishing-as-a-Service

    A global operation led by Microsoft and Europol, supported by multiple industry partners, seized infrastructure linked to the Tycoon2FA phishing-as-a-service (PhaaS) operation. Over 330 domains were seized, and the primary operator, identified as using the online identities 'SaaadFridi' and 'Mr_Xaad,' remains at large. The operation was coordinated by Europol and involved law enforcement in Latvia, Lithuania, Portugal, Poland, Spain, and the United Kingdom. The investigation began after intelligence was shared by Trend Micro.

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