42
42
BigBear 2.0 Evilginx2 Phishing Campaign Bypasses Microsoft 365 MFA With Session Cookie Theft
CloudSEK identified BigBear 2.0, an Evilginx2-based AiTM phishing operation stealing Microsoft 365 MFA session cookies, hitting 461 organizations across 40-plus countries.
The campaign proxies Microsoft sign-in pages to capture credentials and authenticated session cookies, enabling session replay into email, Teams, SharePoint, OneDrive, and connected SSO applications. CloudSEK's June 2026 discovery found 5,137 stolen records, 1,032 passwords, and 4,148 session cookies tied to 3,331 victim IPs, linked to operator 'General Boss' across 42 VPS nodes. The operation targeted IT services and managed service providers, used country-matched residential proxies, and involved at least five affiliates.
74
42
42
42
42
42
42
42
The Smishing Deluge: China-Based Campaign Flooding Global Text Messages
Unit 42 attributes a global smishing campaign with 194,000+ phishing domains impersonating tolls, banks, and couriers to the Smishing Triad.
Palo Alto Unit 42 attributes ongoing smishing texts about toll violations and package misdelivery to the Smishing Triad, targeting U.S. residents since April 2024. Researchers identified 194,345 FQDNs across 136,933 root domains registered since January 2024, mostly via Hong Kong registrar Dominet (HK) Limited with Chinese nameservers and hosting concentrated on U.S. cloud services. The decentralized campaign impersonates banking, cryptocurrency, e-commerce, healthcare, law enforcement, and social media services, and its scale points to a large phishing-as-a-service operation. Phishing pages harvest national ID numbers such as Social Security numbers, home addresses, payment details, and login credentials.
72
42
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.
70
42
42
42
42
42
42
42
42
42
42
42
42
42
42
42
42
42
42
Treasury urges banks to file cyber scam reports, noting nearly $13 billion in losses since 2023
FinCEN urged banks to report cyber scams after a study found $12.7 billion stolen from US victims of crypto investment scams since 2023.
FinCEN analyzed more than 33,000 cyber fraud incident reports filed by roughly 1,300 financial institutions between September 2023 and December 2025, finding about $12.7 billion in losses to cryptocurrency investment scams across all 50 states. Traditional banks reported about $6.4 billion in suspected scam activity and crypto firms about $5.5 billion. Scam activity is growing, with monthly reports rising nearly 11% as centers expand beyond Myanmar, Cambodia, and Laos. The US later sanctioned Xinbi Guarantee, a Telegram-based marketplace used to launder over $36 billion.
66
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.
60
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.
72
42
42
42
42
42
42