Fake Bid Emails Abuse Microsoft Device Codes

Cofense · High sophistication
Last updated October 20, 2026

Cofense analyzed real phishing emails disguised as bidding invitations. The emails send recipients to fake, branded login and device-enrollment pages, then trick them into entering a device code in a genuine Microsoft prompt. Doing so can authorize an attacker’s session without giving them the victim’s password and may bypass normal MFA protection.

Key findings

  • Attackers used fake bidding invitations to entice recipients to open supposed project documents.
  • The phishing site used Syncfusion and Microsoft branding, followed by a spoofed Mimecast device-enrollment page.
  • Victims were prompted to generate and enter a device code into a Microsoft window, authorizing the attacker’s session without requiring the victim’s password.
  • The campaign particularly targets decision-makers, management personnel, and other key figures, although any employee may be targeted.
  • A website URL that does not match the brand being presented is a key warning sign.

Who’s being targeted

  • Commonly targeted roles: Executives, Decision-makers, Management, Procurement and bidding teams, Contract administrators, All employees.
  • Affected industries: Cross-industry organizations, Professional services, Organizations involved in bidding and contracts.
  • Attack channels: email, website.
  • Impersonated: Syncfusion, Microsoft, and Mimecast.

Awareness takeaways

  • Treat unexpected invitations to bid, contracts, and document-sharing requests from unfamiliar senders as suspicious until verified through a trusted channel.
  • Check the actual website address before entering information; familiar logos do not prove a site is legitimate.
  • Never enter a device code received from an email, website, or other unverified source, even if the Microsoft prompt is genuine.
  • If an untrusted device code was entered, report it immediately and treat the account as compromised.

Red flags to watch for

  • The address-bar URL does not match the Microsoft, Syncfusion, or Mimecast brand shown on the page.
  • An unexpected bid or contract document requires device enrollment before it can be viewed.
  • Microsoft warns that entering a device code gives the originating application or device access without requiring a password.
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Read the video transcript

“Invitation to bid, view the project details.” Sounds routine, right? The link opens a Syncfusion-branded login, then a fake Mimecast device-enrollment page. It says IT policy requires a code before you can see the document. Here’s the catch: the Microsoft code window is real. Entering that website’s code can authorize someone else’s session, no password needed, even with MFA. Unexpected bid asks for a device code? Don’t enter it. Verify the invitation through a contact you already trust.

MITRE ATT&CK techniques

T1566.002 - Phishing: Spearphishing Link · PhishingT1204.001 - User Execution: Malicious Link · User ExecutionT1656 - Impersonation

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