QR-code phishing — "quishing" — more than doubled in Q1 2026 according to Microsoft Threat Intelligence. The mechanics are simple and ugly: a payment-looking email arrives with a QR code in the body. The user pulls out their personal phone, scans, and lands on a credential-harvesting page. The email security stack never sees the malicious URL — because it's encoded in an image, opened on a device that isn't managed.

The defence isn't a smarter filter. It's awareness combined with policy: brief the team on quishing specifically, enforce Conditional Access policies that won't accept logins from unmanaged phones, and require modern auth methods (passkeys, phishing-resistant FIDO2) that don't fall to a typed password on a fake page.

Defender for O365 helps with the email side. Intune helps with the device side. Both together close the loop. Neither one alone is enough.

What it means for your businessQR phishing routes around your inbox filter. The fix is Conditional Access on unmanaged devices plus phishing-resistant auth — not a better spam policy.
Source & referenceMicrosoft Security Blog — Email threat landscape Q1 2026 ↑