Here is the report (pdf) – (archived)
Oasis Security’s research team uncovered a critical vulnerability in Microsoft’s Multi-Factor Authentication (MFA) implementation, allowing attackers to bypass it and gain unauthorized access to the user’s account, including Outlook emails, OneDrive files, Teams chats, Azure Cloud, and more. Microsoft has more than 400 million paid Office 365 seats, making the consequences of this vulnerability far-reaching.
The bypass was simple: it took around an hour to execute, required no user interaction and did not generate any notification or provide the account holder with any indication of trouble.
[Edit to insert the original link to the Oasis site.]
MS Auth has got to be the worst 2FA I’ve ever used.
My workplace has it set up where I have to input a second factor several times a day on each device. It’s agonizing.
Same here. I feel like having to enter it so many times isn’t just more annoying but also makes the users more susceptible to phishing attacks ad they’ll naturally pay less attention where they’re entering the 2FA code into when they do it so routinely.