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Europol, Microsoft, TrendAI™ and Collaborators Halt Tycoon 2FA Operations

March 4, 2026 · Trend Micro · Severity: MEDIUM

Tycoon 2FA was dismantled this week by law enforcement and industry partners including TrendAI™. The phishing-as-a-service platform offered MFA bypass services using adversary-in-the-middle (AitM) proxying.

Key Takeaways

  • Europol, Microsoft, TrendAI, and other industry collaborators dismantled the Tycoon 2FA platform, a phishing-as-a-service operation offering MFA bypass.
  • Tycoon 2FA offered MFA bypass services using adversary-in-the-middle proxying to steal credentials and session tokens.
  • Organizations should strengthen authentication monitoring and educate users, since phishing kits now routinely bypass MFA via AitM.
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