Tycoon2FA dismantled: How TrendAI research supported the Europol-led takedown

Posted: 12th Mar 2026

Have you heard about Tycoon2FA?

Linked to more than 96,000 victims globally, this phishing-as-a-service platform enabled attackers to bypass multi-factor authentication (MFA) using adversary-in-the-middle (AiTM) proxying, allowing them to intercept login sessions and capture valid credentials in real time.

Tycoon2FA has recently been dismantled, and our threat researchers at TrendAI™, a business unit of Trend Micro, played a key role in the global disruption of the platform. Here is how and what you should know.

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