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Risky Bulletin: BEC campaign steals €35 million from French notaries

Hackers stole over €35 million from 500+ French notary offices in a four-year BEC campaign; ANSSI spent two years helping evict the attackers.

A business email compromise campaign breached more than 500 French notary offices — about 7% of all French notaries per the Conseil Supérieur du Notariat — over four years, stealing more than €35 million by phishing initial access and silently modifying wire transfer details. France's cybersecurity agency ANSSI worked for two years behind the scenes to help notaries remove the persistent attackers, who had deep access; officials also feared hackers could issue fake notarized acts such as marriage certificates or forged real estate deals. No forged documents have been found so far, but notaries have added two-factor authentication and in-person requirements for banking details, and banks added extra checks in 2024. The newsletter also notes other incidents, including a $320 million Bitcoin extraction from Blockstream's Liquid Network and a JetBrains Cadence breach via TeamCity servers.

Risky Business News · 10d agoPhishing & fraud in the wild1

BigBear 2 PhaaS Campaign Steals 5000+ Microsoft Credentials

CloudSEK researchers found the BigBear 2.0 PhaaS kit, built on Evilginx2, has stolen over 5,100 Microsoft 365 credentials across 461 organizations in 40+ countries.

CloudSEK gained admin access to the BigBear 2.0 phishing-as-a-service panel, an Evilginx2-based adversary-in-the-middle platform operated by someone using the alias 'General Boss'. The team observed 3,331 unique victim IPs across more than 40 countries, 42 VPS nodes mostly on Vultr, and 5,137 credential records across 461 organizations, including 4,148 session cookies, 1,032 plaintext passwords, and 474 completed MFA-bypassed authentications. IT and managed service providers were the most targeted sector, raising supply-chain risk since their compromise can expose client infrastructure and privileged Azure AD access.

Infosecurity Magazine · 9d agoPhishing & fraud in the wild

Attackers call employees’ personal phones to break into Microsoft 365 accounts

Microsoft tracks vishing campaigns by Storm-3121 and Storm-3032 that impersonate IT staff, phish Microsoft 365 credentials, and steal cloud data.

Microsoft Security Research has tracked a campaign since May 2026 in which attackers call or text employees' personal phones posing as IT staff, using passkey/MFA/SSO lures to run adversary-in-the-middle phishing or device-code authentication flows. Attackers register their own MFA methods for durable persistence, abuse Microsoft Graph for tenant discovery, and download SharePoint, OneDrive, and Exchange data below 1,000 files or emails per hour to avoid detection. Microsoft attributes initial access to actors including Storm-3121, which feeds ShinyHunters and Falcon extortion operations, and Storm-3032, the Helix extortion operation descended from BlackFile.

Help Net Security · 7d agoPhishing & fraud in the wild 2 sources3

BigBear Microsoft 365 phishing service bypassed MFA at 258 organizations

CloudSEK found the BigBear 2.0 phishing-as-a-service platform bypassed MFA at 258 organizations and captured over 5,000 Microsoft 365 credentials.

CloudSEK researchers gained administrator access to the BigBear 2.0 phishing-as-a-service control panel and found it had exfiltrated 5,137 credential records, including 474 completed MFA-bypassed authentications, 1,032 plaintext passwords, and 4,148 session cookies across 3,331 victim IPs in 40+ countries. The Evilginx2-based AitM proxy intercepts credentials and authenticated session cookies, and custom JavaScript interferes with FIDO2/WebAuthn to force weaker authentication. The panel is leased to at least five affiliate operators via Telegram exfiltration bots, and geo-matched residential proxies cover 69 countries to evade detection.

BleepingComputer · 9d agoPhishing & fraud in the wild1

BigBear 2.0 phishing campaign hijacks Microsoft 365 sessions after MFA

CloudSEK uncovered BigBear 2.0, a PhaaS operation that captured 4,148 Microsoft 365 session cookies, hijacking authenticated sessions after MFA via AiTM proxy.

CloudSEK infiltrated the BigBear 2.0 phishing-as-a-service panel in June, finding 5,137 credential records tied to 461 organizations in over 40 countries, including 4,148 captured session cookies and 474 completed post-MFA logins. The operation, built on Evilginx2, uses an attacker-controlled reverse proxy to steal authenticated session cookies and residential proxies to defeat location-based Conditional Access checks, while custom code disables FIDO2/WebAuthn on phishing pages. At least five affiliates operated 42 VPS nodes, with IT services and managed service providers the most targeted sector.

CSO Online · 9d agoPhishing & fraud in the wild1

Vishing campaign abuses Microsoft Teams to give attackers a foothold in company networks

Unit 42 details 'Spring Ring', a vishing campaign using fake IT support on Microsoft Teams to reach 150+ employees at 10+ companies.

Palo Alto Networks Unit 42 documented 'Spring Ring', a voice-phishing campaign that ran January to April 2026, using 26 attacker identities and fake Microsoft 365 tenants such as 'ITProtectionDepartment' to impersonate internal IT support on Microsoft Teams. One path used Quick Assist or downloaded remote-support tools to run an obfuscated PowerShell script that disabled malware scanning before contacting C2; the other delivered a cloud-hosted file triggering browser hijacking, SMB internal network scanning, and a PetitPotam NTLM relay attempt against domain controllers to gain domain-level privileges. Both intrusion attempts were blocked before attackers reached their objectives. Collaboration-platform phishing alerts rose to 42% of Unit 42's telemetry in early 2026, up from 30%.

Help Net Security · 16d agoPhishing & fraud in the wild1

Passkey-themed phishing attacks lead to Microsoft 365 data theft

Microsoft links ShinyHunters- and Helix-affiliated actors to passkey-themed vishing and device-code phishing that compromises Microsoft 365 accounts and steals cloud data.

Microsoft attributes passkey- and SSO-themed social engineering activity, observed since May 2026, to Storm-3121 (linked to ShinyHunters and Falcon) and Storm-3032 (tied to BlackFile members now operating as Helix). Attackers impersonate corporate IT help desks by phone or SMS, urging fake passkey, MFA, or SSO updates and directing victims to adversary-in-the-middle phishing pages or device-code authentication flows that yield credentials, session tokens, and OAuth tokens. Post-compromise behavior includes Microsoft Graph enumeration of users, SharePoint, and OAuth grants, plus persistence via attacker-controlled MFA methods. Google Threat Intelligence tracks related activity as UNC6671, linked to the BlackFile, Helix, Falcon, Pink, and Redact extortion gangs.

BleepingComputer · 5d agoPhishing & fraud in the wild 4 sources3