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Tycoon2FA device-code phishing campaign targeting Microsoft 365

Campaign
First reported
Last updated
Happening score
H score 46
1 unique sources, 1 articles

Summary

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The Tycoon2FA phishing operation added device-code phishing to hijack Microsoft 365 accounts, expanding its ability to steal access tokens and reach email, calendar, and cloud file storage. It had been rebuilt after a March law-enforcement disruption and quickly returned to regular activity on new infrastructure. The campaign used Trustifi click-tracking URLs and the OAuth 2.0 device authorization grant flow to trick victims into authorizing attacker-controlled devices. Researchers also found stronger anti-analysis defenses and a 230-vendor blocklist, showing the operation is still evolving.

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Timeline

  1. 17.05.2026 17:43 2 articles · 10d ago

    Tycoon2FA adds device-code phishing to hijack Microsoft 365 accounts

    Initial Disclosure

    eSentire reports that Tycoon2FA rebuilt after a March law-enforcement disruption, returned to regular activity on new infrastructure, and by late April was using OAuth 2.0 device authorization grant flows and Trustifi click-tracking URLs in invoice-themed lure emails to steal OAuth access and refresh tokens from Microsoft 365 accounts; the kit also added new obfuscation layers, a 230-vendor blocklist, and anti-analysis checks, while defenders are advised to disable unused OAuth device code flow and monitor Entra logs for deviceCode authentication.

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