In the second quarter of 2026, the continuing effects of Microsoft’s disruption of the Tycoon2FA phishing platform contributed to sustained declines in several major phishing techniques, while threat actors expanded into Teams-based social engineering and employed increasingly automated and multi-stage attack chains.
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Microsoft Threat Intelligence identified threat actor activity with overlapping tradecraft commonly associated with ShinyHunters, including voice phishing (vishing), supply-chain compromise, and misconfigured guest access targeting SaaS-based applications.