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2 stories in the last 30d

BigBear phishing crew nets thousands of Microsoft 365 credentials

CloudSEC accessed the BigBear 2.0 phishing panel, finding 5,137 stolen Microsoft 365 records across 461 organizations, including 474 MFA-bypassed sessions.

CloudSEC researchers got inside the admin panel of BigBear 2.0, an Evilginx2-based phishing-as-a-service operation run by someone known as 'General Boss'. The panel contained 5,137 records tied to 461 organizations: 1,032 plaintext passwords and 4,148 session cookies, with 474 complete MFA-bypassed authentications. The adversary-in-the-middle proxy captures Microsoft 365 session cookies that can be replayed to access email, Teams, SharePoint, and OneDrive, potentially pivoting into Entra ID and federated SaaS. The operation was still active, used custom JavaScript to disable FIDO2/WebAuthn on phishing pages, and routed logins through a residential proxy pool spanning 69 countries.

The Register · Security · 9d agoPhishing & fraud in the wild1

Fraudsters steal $6 million from Tectonic crypto platform after inflating token price

Attackers inflated Tectonic's Tonic token price 100x in 20 minutes and borrowed $74 million against it, stealing $6 million before Cronos halted activity.

Attackers manipulated the price of Tectonic's thinly traded Tonic token, raising it more than 100-fold in 20 minutes, then used the inflated tokens as collateral to borrow assets in an attempted $74 million theft. About $6 million left the platform; Cronos halted blockchain activity and later restored roughly $69 million in frozen funds via an on-chain rollback. Tectonic plans a phased reopening and a postmortem. TRM Labs says market manipulation now accounts for one in eight crypto hacks, with 32 incidents in 2026, and compares the case to the 2022 Mango Markets manipulation that led to a criminal conviction.

The Record · 16d agoPhishing & fraud