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IAM News: Mandiant Finds ShinyHunters-Style Vishing Attacks Stealing MFA to Breach SaaS Platforms

Google-owned Mandiant on Friday said it identified an "expansion in threat activity" that uses tradecraft consistent with extortion-themed attacks orchestrated

2 min readFebruary 4, 2026IAM Roadmap Team

Key Insight

Google-owned Mandiant on Friday said it identified an "expansion in threat activity" that uses tradecraft consistent with extortion-themed attacks orc...

📰 Source: The Hacker News

Summary

Mandiant recently identified a surge in ShinyHunters-style vishing attacks that target SaaS platforms, using advanced voice phishing and fake credential harvesting sites to gain unauthorized access to victim systems. These attacks exploit vulnerabilities in the authentication process, allowing attackers to bypass multi-factor authentication (MFA) and breach sensitive data. The attacks are financially motivated, with the goal of extorting sensitive information.

Attack Flow

Vishing

Call

Harvest

Fake Site

🎯 Attacker

📞 Victim

📞 Voice Phishing

🔓 Credentials

📊 Breached System

IAM Impact

The ShinyHunters-style vishing attacks have significant implications for identity and access management (IAM) professionals. The attacks exploit vulnerabilities in the authentication process, demonstrating the importance of implementing robust MFA solutions and regularly updating passwords. Additionally, the use of fake credential harvesting sites highlights the need for organizations to educate employees on the risks of phishing and vishing attacks.

Key Takeaways

  • Vishing attacks are becoming increasingly sophisticated: ShinyHunters-style vishing attacks demonstrate the importance of staying up-to-date with the latest threat trends and implementing robust security measures.
  • MFA is not foolproof: The attacks highlight the need for organizations to implement additional security measures, such as behavioral analytics and machine learning-based threat detection.
  • Employee education is crucial: Educating employees on the risks of phishing and vishing attacks is essential in preventing successful attacks.

Recommendations

  • Implement robust MFA solutions: Organizations should implement multi-factor authentication solutions that go beyond traditional password-based authentication.
  • Regularly update passwords: Organizations should regularly update passwords and implement password rotation policies to prevent attackers from exploiting stale credentials.
  • Educate employees on phishing and vishing risks: Organizations should educate employees on the risks of phishing and vishing attacks and provide regular training on how to identify and report suspicious activity.
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