Global phishing-as-a-service platform taken down in coordinated public-private action
A major phishing-as-a-service platform used to bypass multi-factor authentication (MFA) and enable large-scale account compromise has been disrupted following a coordinated international operation supported by Europol. The service, known as Tycoon 2FA, provided cybercriminals with a subscription-based toolkit designed to intercept live authentication sessions and gain unauthorised access to online accounts, including those protected by additional security layers.
The action was carried out by law enforcement partners and private sector stakeholders working hand in hand, coordinated by Europol’s European Cybercrime Centre (EC3). Law enforcement authorities: Latvia: State Police, Lithuania: Criminal Police Bureau, Portugal: Judicial Police, Poland: Central Cybercrime Bureau, Spain: National Police and Guardia Civil, United Kingdom: National Crime Agency. Private partners engaged through Europol: Cloudflare, Coinbase, Intel471, Microsoft, Proofpoint, Shadowserver Foundation, SpyCloud, Trend Micro.
The Cyber Intelligence Extension Programme (CIEP) strengthens public-private cooperation in tackling cybercrime by enabling private-sector partners to contribute actionable intelligence to support operational outcomes. This Europol programme – a first of its kind – brings together experts from the private sector to work temporarily side by side in The Hague on specific projects with EC3 analysts and investigators.









