In March 2026, through our monitoring of phishing-focused cybercrime communities, Sekoia’s Threat Detection & Research (TDR) team uncovered EvilTokens, a new turnkey Microsoft device code phishing kit sold as Phishing-as-a-Service (PhaaS). These phishing pages have been circulating since mid-February 2026, and were rapidly adopted by cybercriminals specialising in Adversary-in-the-Middle (AitM) phishing and Business Email Compromise (BEC).