Mirage2FA Surge Hits 4,500 US and EU Companies, Abusing Microsoft 365 Login Flows

Summary

Thousands of companies have been affected by the Mirage2FA campaign from 2024 to 2026. The commercial phishing-as-a-service toolkit targets Microsoft 365 accounts by abusing legitimate login flows and bypassing two-factor authentication. According to ANY.RUN research, 48% of targeted email addresses were potentially compromised. Most of the affected companies are US-based. Mirage2FA Campaign