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Tycoon 2FA is a large-scale phishing-as-a-service operation and toolkit that emerged in 2023 and became one of the most prolific adversary-in-the-middle phishing platforms targeting cloud identities, especially Microsoft 365 and Google accounts. It is designed to defeat multifactor authentication by relaying live authentication sessions, harvesting usernames, passwords, one-time codes, and authenticated session cookies in real time, and enabling account takeover through session replay. Later activity also showed adoption of OAuth device code phishing to obtain access and refresh tokens through legitimate Microsoft authentication workflows, shifting from direct credential capture toward token theft and session abuse. The platform operated as a subscription-based criminal service used by a large affiliate base, with infrastructure and delivery mechanisms that supported phishing at very high volume against organizations worldwide. Campaigns commonly used email, SMS, QR-code lures, malicious attachments, multistage redirects, CAPTCHA or Cloudflare Turnstile gating, browser fingerprinting, traffic filtering, anti-analysis logic, and dynamically branded fake login pages. Tycoon 2FA operators and affiliates also used rotating infrastructure, proxy services, obfuscated scripts, and hosting changes to evade disruption and detection. Post-compromise activity has included automated cloud logins, session hijacking, email abuse, internal phishing, business email compromise, and data access or exfiltration enabled by stolen sessions or OAuth tokens. Tycoon 2FA has been associated with aliases and operator personas including Storm-1747, SaaadFridi, Mr_Xaad, and references to Tycoon 2FA affiliates or service operators. Reporting also indicates that its code, techniques, and tradecraft spread beyond the branded service after disruption, with cloned or modified variants and feature reuse appearing across the broader phishing-as-a-service ecosystem. A major multinational disruption in March 2026 seized core infrastructure and hundreds of domains, but the operation resumed activity afterward with reworked hosting and delivery patterns. Subsequent law-enforcement action in Pakistan in 2026 reportedly led to arrests of individuals accused of developing and operating infrastructure marketed under the Tycoon2FA name. The actor is best characterized as a financially motivated cybercriminal phishing service focused on credential theft, session hijacking, and cloud-account compromise at scale.
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Who, where, and (when attributed) which flag flies behind the operation. Pulled from open-source reporting and Mallory's analyst review.
Sectors the actor has been observed targeting.
Geographies tied to known operations.
Attributed origin per open-source reporting.
34 distinct techniques observed across reporting, grouped by tactic. Hover any cell for the evidence excerpt; click through for MITRE's full description.
20 sources tracked across advisories, community write-ups, and news. New activity surfaces here as Mallory finds it.
A phishing-as-a-service platform used to facilitate large-scale phishing campaigns, including attacks designed to harvest credentials and authentication information at scale.
A phishing-as-a-service platform that rented adversary-in-the-middle phishing kits designed to defeat multi-factor authentication, capture credentials, OTPs, and session cookies, and support large-scale phishing campaigns.
AiTM phishing-as-a-service platform used for credential harvesting, MFA interception, and session-cookie theft to take over cloud accounts.
Associated actors were observed using device code phishing as the technique spread from state actors to cybercriminal groups.
Match sector + geo + tech-stack targeting against your real footprint.
Every observed MITRE ATT&CK technique, grouped by tactic.
Families this actor is known to deploy, with IOCs and behavior.
CVEs this actor has used in known campaigns.
YARA, Sigma, Snort, and vendor rules, auto-deployed to your SIEM.
Domains, IPs, and hashes tied to this actor, refreshed continuously.