Europol, Microsoft, TrendAI™ and Collaborators Halt Tycoon 2FA Operations
A coordinated disruption effort seized this week the infrastructure tied to the operations of phishing-as-a-service (PhaaS) Tycoon 2FA. Over 300 domains tied to Tycoon 2FA were seized in an operation led by Microsoft and Europol and supported by other law enforcement agencies, as well as private organizations such as CloudFlare, Coinbase, Crowell, eSentire, Health-ISAC, Intel471, Proofpoint, Resecurity, The Shadowserver Foundation, SpyCloud, and TrendAI™. Researchers from TrendAI™ have been tracking the infrastructure, as well as the campaigns and operator behaviors that can be linked to Tycoon 2FA to build a clearer picture of how its services was being used at scale. By November 2025, TrendAI™ had collected enough data to link the operation to an actor using the monikers “SaaadFridi” and “Mr_Xaa...