New Phishing-as-a-Service (PhaaS) platform, 'Tycoon 2FA', Targets Microsoft 365 and Gmail Accounts
A new PhaaS service brings the power of bypassing multi-factor authentication (MFA) to the world’s most-used email platforms. At its core, Tycoon 2FA isn’t doing anything new. It uses a reverse proxy server to host a phishing web page that impersonates the legitimate email platform in question. Then it intercepts the victim's input and relays them to the legitimate service. But it’s how this platform does it that is sophisticated.