Background

JanelaRAT is a malware family that takes its name from the Portuguese word “janela” which means “window”. JanelaRAT looks for financial and cryptocurrency data from specific banks and financial institutions in the Latin America region.

JanelaRAT is a modified variant of BX RAT that has targeted users since June 2023. One of the key differences between these Trojans is that JanelaRAT uses a custom title bar detection mechanism to identify desired websites in victims’ browsers and perform malicious actions.

The threat actors behind JanelaRAT campaigns continuously update the infection chain and malware versions by adding new features.

Kaspersky solutions detect this threat as Trojan.Script.Generic and Backdoor.MSIL.Agent.gen.

Initial infection

JanelaRAT campaigns involve a multi-stage infection chain. It starts with emails mimicking the delivery of pending invoices to trick victims into downloading a PDF file by clicking a malicious link. Then the victims are redirected to a malicious website from which a compressed file is downloaded.

Throughout our monitoring of these malware campaigns, the compressed files have typically contained VBScripts, XML files, other ZIP archives, and BAT files. They ultimately lead to downloading a ZIP archive that contains components for DLL sideloading and executing JanelaRAT as the final payload.

However, we have observed variations in the infection chains depending on the delivered version of the malware. The latest observed campaign evolved by integrating MSI files to deliver a legitimate PE32 executable and a DLL, which is then sideloaded by the executable. This DLL is actually JanelaRAT, delivered as the final payload.

Based on our analysis of previous JanelaRAT intrusions, the updates in the infection chain represent threat actors’ attempts to streamline the process, with a reduced number of malware installation steps. We’ve observed a logical sequence in how components, such as MSI files, have been incorporated and adapted over time. Moreover, we have observed the use of auxiliary files — additional components that aid in the infection — such as configuration files that have been changing over time, showing how the threat actors have adapted these infections in an effort to avoid detection.

Initial dropper

The MSI file acts as an initial dropper designed to install the final implant and establish persistence on the system. It obfuscates file paths and names with the objective to hinder analysis. This code is designed to create several ActiveX objects to manipulate the file system and execute malicious commands.

Among the actions taken, the MSI defines paths based on environment variables for hosting binaries, creating a startup shortcut, and storing a first-run indicator file. The dropper file checks for the existence of the latter and for a specific path, and if either is missing, it creates them. If the file exists, the MSI file redirects the user to an external website as a decoy, showing that everything is “normal”.

The MSI dropper places two files at a specified path: the legitimate executable nevasca.exe and the PixelPaint.dll library, renaming them with obfuscated combinations of random strings before relocating. An LNK shortcut is created in the user’s Startup folder, pointing to the renamed nevasca.exe executable, ensuring persistence. Finally, the nevasca.exe file is executed, which in turn loads the PixelPaint.dll file that is JanelaRAT.

Malicious implant

In this case, we analyzed JanelaRAT version 33, which was masqueraded as a legitimate pixel art app. Similar to other malware versions, it was protected with Eazfuscator, a common .NET obfuscation tool. We have also seen previous JanelaRAT samples that used the ConfuserEx obfuscator or its custom builds. The malware uses Control Flow Flattening method and renames classes and variables to make the code unreadable without deobfuscation.

JanelaRAT monitors the victim’s activity, intercepts sensitive banking interactions, and establishes an interactive C2 channel to report changes to the threat actor. While screen monitoring is also present, the core functionality focuses on financial fraud and real-time manipulation of the victim’s machine. The malware collects system information, including OS version, processor architecture (32-bit, 64-bit, or unknown), username, and machine name. The Trojan evaluates the current user’s privilege level and assigns different nicknames for administrators, users, guests, and an additional one for any other role.

The malware then retrieves the current date and constructs a beacon to register the victim on the C2 server, along with the malware version. To prevent multiple instances, the malware creates the mutex and exits if it already exists.

String encryption

All JanelaRAT samples utilize encrypted strings for sending information to the C2 and obfuscating embedded data. The encryption algorithm remains consistent across campaigns, combining base64 encoding with Rijndael (AES). The encryption key is derived from the MD5 hash of a 4-digit number and the IV is composed of the first 16 bytes of the decoded base64 data.

C2 communication and command handling

After initialization, JanelaRAT establishes a TCP socket, configuring callbacks for connection events and message handling. It registers all known message types, executing specific system tasks based on the received message.

Following socket initialization, the malware launches two background routines:

1. User inactivity and session tracking
   This routine activates timers and launches secondary threads, including an internal timer and a user inactivity monitor. The malware determines if the victim’s machine has been inactive for more than 10 minutes by calculating the elapsed time since the last user input. If the inactivity period exceeds 10 minutes, the malware notifies the C2 by sending the corresponding message. Upon user activity, it notifies the threat actor again. This makes it possible to track the user’s presence and routine to time possible remote operations.
   

   Timer that looks for 10 minutes of inactivity

2. Victim registration and further malicious activity
   This routine is launched immediately after the socket setup. It triggers two subroutines responsible for periodic HTTP beaconing and downloading additional payloads.
   1. The first subroutine executes a PowerShell downloaded from a staging server during post-exploitation. Its main objective is to establish persistence by downloading the PixelPaint.dll file once again. The routine then builds and executes periodic HTTP requests to the C2, reporting the malware’s version and the victim machine’s security environment. It loops continuously as long as a specific local file does not exist, ensuring repeated telemetry transmission. The file was not observed being extracted or created by the malware itself; rather, it appears to be placed on the system by the threat actor during other post-exploitation activities. Based on previous incidents, this file likely contains instructions for establishing persistence.

      This JanelaRAT version constructs a second C2 URL for beaconing, using several decrypted strings and following a pattern that uses different parameters to report information about new victims:

      <C2Domain>?VS=<malwareversion>&PL=<profilelevel>&AN=<presenceofbankingsoftware>

      We have observed constant changes in the parameters across campaigns. A new parameter “AN” was introduced in this version. It is used to detect the presence of a specific process associated with banking security software. If such software is found on the victim’s device, the malware notifies the threat actor.

      Parameter	Description
      VS	JanelaRAT version
      PL	OFF by default
      AN	Yes or No depending on whether banking security software process exists

   2. The second subroutine is responsible for monitoring the user’s visits to banking websites and reporting any activity of interest to the threat actor. JanelaRAT 33v is specifically engineered to target Brazilian financial institutions. However, we have also observed other versions of the malware targeting other specific countries in the region, such as the “Gold-Label” version targeting banking users in Mexico that we described earlier.

      This subroutine creates a timer to enable an active system monitoring cycle. During this cycle, the malware obtains the title of the active window and checks if it matches entries of interest using a hardcoded but obfuscated list of financial institutions. Although the threat actors behind JanelaRAT primarily focus on one country as a target, the list of financial institutions is constantly updated.

      If a title bar matches one of the listed targets, the malware waits 12 seconds before establishing a dedicated communication channel to the C2. This channel is used to execute malicious tasks, including taking screenshots, monitoring keyboard and mouse input, displaying messages to the user, injecting keystrokes or simulating mouse input, and forcing system shutdown.

      To perform these actions, the malware uses a dedicated C2 handler that interprets incoming commands from the C2. Notably, 33v supports live banking session hijacking, not just credential theft.

      Action Performed	Description
      Capture desktop image	Send compressed screenshots to the C2
      Specific screenshots	Crop specific screen regions and exfiltrate images
      Overlay windows	Display images in full-screen mode, limit user interactions, and mimic bank dialogs to harvest credentials
      Keylogging	Keystroke capture
      Simulate keyboard	Inject keys such as DOWN, UP, and TAB to navigate or trigger new elements
      Track mouse input	Move the cursor, simulate clicks, and report the cursor position
      Display message	Show message boxes (custom title, text, buttons, or icons)
      System shutdown	Execute a forced shutdown sequence
      Command execution	Run CMD or PowerShell scripts/commands
      Task Manager manipulation	Launch Task Manager, find its window, and hide it to prevent discovery by the user
      Check for banking security software process	Detect the presence of anti-fraud systems
      Beaconing	Send host information (malware version, profile, presence of banking software)
      Toggle internal modes	Enable and disable modes such as screenshot flow, key injection, or overlay visibility
      Anti-analysis	Detect sandbox or automation tools

C2 infrastructure

Unlike other versions, this variant rotates its C2 server daily. Once a title bar matches the one in the list, the software dynamically constructs the C2 channel domain by concatenating an obfuscated string, the current date, and a suffix domain related to a legitimate dynamic DNS (DDNS) service. This communication is established using port 443, but not TLS.

Decoy overlay system

This version of JanelaRAT implements a decoy overlay system designed to capture banking credentials and bypass multi-factor authentication. When a target banking window is detected, the malware requests further instructions from the C2 server. The C2 responds with a command identifier and a Base64-encoded image, which is then displayed as a full-screen overlay window mimicking legitimate banking or system interfaces. The malware ensures the fake window completely covers the screen and limits the victim’s interaction with the system.

The malware blocks the victim’s interaction by displaying modal dialogs. Each modal dialog corresponds to a specific operation, such as password capture, token/MFA capture, fake loading screen, fake Windows update full-screen modal and more. The malware resizes the overlay, scans multiple screens, and loads deceptive elements to distract the user or temporarily hide legitimate application windows.

Among other fake elements, the malware displays fake Windows update notifications, often accompanied by messages in Brazilian Portuguese, such as:

• “Configuring Windows updates, please wait.”
• “Do not turn off your computer; this could take some time.”

When a message command is received from the operator, the malware constructs a custom message box based on parameters sent from the server. These parameters include the message title, text content, button type (e.g., OK, Yes/No), and icon type (e.g., Warning, Error). The malware then creates a maximized message box positioned at the top of the screen, ensuring it captures user focus and blocks the visibility of other windows, mimicking a system or security alert.

An obfuscated acknowledgement string is sent back to the C2 to confirm successful execution of this task.

Anti-analysis techniques

In addition to the conditional behavior based on whether the process of banking security software is detected, the malware includes anti-analysis routines and computer environment checks, such as sandbox detection through the Magnifier and MagnifierWindow components. These components are used to determine if accessibility tools are active on the infected computer indicating a possible malware analysis environment.

Persistence

The malware establishes persistence by writing a command script into the Windows Startup directory. This script forces the execution chain to run at each user logon enabling malicious activity without triggering privilege escalation prompts. The script is executed silently to evade user awareness.

This method is either an alternative or a supplement to the persistence method previously described in the subroutines responsible for periodic HTTP beaconing section.

Victimology

Consistent with previous intrusions and campaigns, the primary targets of the threat actors distributing JanelaRAT are banking users in Latin America, with specific focus on users of financial institutions in Brazil and Mexico.

According to our telemetry, in 2025 we detected 14,739 attacks in Brazil and 11,695 in Mexico related to JanelaRAT.

Conclusions

JanelaRAT remains an active and evolving threat, with intrusions exhibiting consistent characteristics despite ongoing modifications. We have tracked the evolution of JanelaRAT infections for some time, observing variations in both the malware itself and its infection chain, including targeted variants for specific countries.

This variant represents a significant advancement in the actor’s capabilities, combining multiple communication channels, comprehensive victim monitoring, interactive overlays, input injection, and robust remote control features. The malware is specifically designed to minimize user visibility and adapt its behavior upon detection of anti-fraud software.

To mitigate the risk of communication with the C2 infrastructure utilizing similar evasive techniques, we recommend that defenders block dynamic DNS services at the corporate perimeter or internal DNS resolvers. This will disrupt the communication channels used by JanelaRAT and similar threats.

Indicators of compromise

808c87015194c51d74356854dfb10d9e         MSI Dropper
d7a68749635604d6d7297e4fa2530eb6        JanelaRAT
ciderurginsx[.]com         Primary C2

Introduction

On March 4, 2026, Google and iVerify published reports about a highly sophisticated exploit kit targeting Apple iPhone devices. According to Google, the exploit kit was first discovered in targeted attacks conducted by a customer of an unnamed surveillance vendor. It was later used by other attackers in watering-hole attacks in Ukraine and in financially motivated attacks in China. Additionally, researchers discovered an instance with the debug version of the exploit kit, which revealed the internal names of the exploits and the framework name used by its developers — Coruna. Analysis of the kit showed that it relies on the exploitation of many previously patched vulnerabilities and also includes exploits for CVE-2023-32434 and CVE-2023-38606. These two vulnerabilities particularly caught our attention because they had been first discovered as zero-days used in Operation Triangulation.

Operation Triangulation is a complex mobile APT campaign targeting iOS devices. We discovered it while monitoring the network traffic of our own corporate Wi-Fi network. We noticed suspicious activity that originated from several iOS-based phones. Following the investigation, we learned that this campaign employed a sophisticated spyware implant and multiple zero-day exploits. The investigation lasted for over six months, during which we disclosed our findings in connection to the attack. Kaspersky GReAT experts also presented these findings at the 37th Chaos Communication Congress (37C3).

Although all the details of both CVE-2023-32434 and CVE-2023-38606 have long been publicly available, and other researchers have developed their own exploits without ever seeing the Triangulation code, we decided to closely investigate the exploits used in Coruna. Some of the exploit kit distribution links provided by Google remained active at the time the report was published, which allowed us to collect, decrypt, and analyze all components of Coruna.

During our analysis, we discovered that the kernel exploit for CVE-2023-32434 and CVE-2023-38606 vulnerabilities used in Coruna, in fact, is an updated version of the same exploit that had been used in Operation Triangulation. The images below illustrate a high-level overview of the two attack chains. The exploit in question is highlighted with a red rectangle.

Moreover, we discovered that Coruna includes four additional kernel exploits that we had not seen used in Operation Triangulation, two of which were developed after the discovery of Operation Triangulation. All of these exploits are built on the same kernel exploitation framework and share common code. Code similarities from kernel exploits can also be found in other components of Coruna. These findings led us to conclude that this exploit kit was not patchworked but rather designed with a unified approach. We assume that it’s an updated version of the same exploitation framework that was used — at least to some extent — in Operation Triangulation.

Technical details

While we continue to investigate all exploits and vulnerabilities used by Coruna, this post provides a high-level overview of the exploit kit and attack chain.

Safari

Exploitation begins with a stager that fingerprints the browser and selects and executes appropriate remote code execution (RCE) and pointer authentication code (PAC) exploits depending on the browser version. It also contains a URL to an encrypted file with information about all available packages containing exploits and other components. The stager also includes a 256-bit key used to decrypt it. The URL and decryption key are passed to a payload embedded in PAC exploits.

Payload

The payload is responsible for initiating the exploitation of the kernel. After initialization, the payload first downloads a file with information about other available components. To extract it, the payload performs several steps processing multiple file formats.

First, the downloaded file is decrypted using the ChaCha20 stream cipher. Decryption yields a container with the magic number 0xBEDF00D, which stores LZMA-compressed data.

The file format used by the exploit kit to store compressed data

Offset	Field
0x00	Magic number (0xBEDF00D)
0x04	Decompressed data size
0x08	LZMA-compressed data

The decompressed data presents another container with the magic number 0xF00DBEEF. This file format is used in the exploit kit to store and retrieve files by their IDs.

The file format used by the exploit kit to store files

Offset	Field
0x00	Magic number (0xF00DBEEF)
0x04	Number of entries
0x08	Entry[0].File ID
0x0C	Entry[0].Status
0x10	Entry[0].File offset
0x14	Entry[0].File size

We provide a description of all possible File ID values below. At this stage, when the payload gathers information about all available file packages, this container holds only one file, and its File ID is 0x70000.

Finally, we get to the file with information about all available file packages. It starts with the magic value 0x12345678. The exploit kit uses this file format to obtain URLs and decryption keys for additional components that need to be downloaded.

The file format used by the exploit kit to store information about file packages

Offset	Field
0x00	Magic number (0x12345678)
0x04	Flags
0x08	Directory path
0x108	Number of entries
0x10C	Entry[0].Package ID
0x110	Entry[0].ChaCha20 key
0x130	Entry[0].File name

The components required for exploiting a targeted device are selected using the Package ID. Its high byte specifies the package type and required hardware. We’ve seen the following package types:

• 0xF2 – exploit for ARM64,
• 0xF3 – exploit for ARM64E,
• 0xA2 – Mach-O loader for ARM64,
• 0xA3 – Mach-O loader for ARM64E,
• 2 – implant for ARM64,
• 0xE2 – implant for ARM64E.

The payload code also supports additional package types, such as 0xF1, an exploit for older ARM devices that do not support 64-bit architecture. Interestingly, however, the files for such exploits are missing.

Other bytes of the Package ID define the supported firmware version and CPU generation.

Some of the observed Package IDs (those with unique content)

Package ID	Description
0xF3300000	Kernel exploit (iOS < 14.0 beta 7) and other components
0xF3400000	Kernel exploit (iOS < 14.7) and other components
0xF3700000	Kernel exploit (iOS < 16.5 beta 4) and other components
0xF3800000	Kernel exploit (iOS < 16.6 beta 5) and other components
0xF3900000	Kernel exploit (iOS < 17.2) and other components
0xA3030000	Mach-O loader (iOS 16.X) (A13 – A16)
0xA3050000	Mach-O loader (iOS 16.0 – 16.4)

The files inside these packages are also stored in encrypted and compressed 0xF00DBEEF containers, but this time compression is optional and is determined by the second bit in the Flags field. Different packages contain different sets of files. A description of all possible File IDs is given in the table below.

Observed File IDs

File ID	Description
0x10000	Implant
0x50000	Mach-O loader (default)
0x70000	List of additional components
0x70005	Launcher config
0x80000	Launcher in 0xF2/0xF3 packages, or Mach-O loader in 0xA2/0xA3
0x90000	Kernel exploit
0x90001	Kernel exploit (for Mach-O loader)
0xA0000	Logs cleaner
0xA0001	Mach-O loader component
0xA0002	Mach-O loader component
0xF0000	RPC stager

After downloading the necessary components, the payload begins executing kernel exploits, Mach-O loaders, and the malware launcher. The payload selects an appropriate Mach-O loader based on the firmware version, CPU, and presence of the iokit-open-service permission.

Kernel exploits

We analyzed all five kernel exploits from the kit and discovered that one of them is an updated version of the same exploit we discovered in Operation Triangulation. There are many small changes, but the most noticeable are as follows:

• The code takes into account more values ​​from XNU version strings, allowing for more accurate version checking.
• Added a check for iOS 17.2. We assume that this was the latest version of iOS at the time of development (released in December 2023).
• Added checks for newer Apple processors: A17, M3, M3 Pro, M3 Max (released in fall 2023).
• Added a check for iOS version 16.5 beta 4. This version patched the exploit after our report to Apple.

Why does the exploit need to check for iOS 17.2 and newer CPUs if the targeted vulnerabilities were fixed in iOS 16.5 beta 4? The answer can be found by examining other exploits: they are all based on the same source code. The only difference is in the vulnerabilities they exploit, so these checks were added to support the newer exploits and appeared in the older version after recompilation.

Launcher

The launcher is responsible for orchestrating the post-exploitation activities. It also uses the kernel exploit and the interface it provides. However, since the exploit creates special kernel objects during its execution that provide the ability to read and write to kernel memory, the launcher simply reuses these objects without the need to trigger vulnerabilities and go through the entire exploitation path again. The launcher cleans up exploitation artifacts, retrieves the process name for injection from a config with the 0xDEADD00F magic number, injects a stager into the target process, uses it to execute itself, and launches the implant.

Conclusions

This case demonstrates once again the dangers associated with such malicious tools that lie in their potential wide usage. Originally developed for cyber-espionage purposes, this framework is now being used by cybercriminals of a broader kind, placing millions of users with unpatched devices at risk. Given its modular design and ease of reuse, we expect that other threat actors will begin incorporating it into their attacks. We strongly recommend that users install the latest security updates as soon as possible, if they have not already done so.

Introduction

The Evasive Panda APT group (also known as Bronze Highland, Daggerfly, and StormBamboo) has been active since 2012, targeting multiple industries with sophisticated, evolving tactics. Our latest research (June 2025) reveals that the attackers conducted highly-targeted campaigns, which started in November 2022 and ran until November 2024.

The group mainly performed adversary-in-the-middle (AitM) attacks on specific victims. These included techniques such as dropping loaders into specific locations and storing encrypted parts of the malware on attacker-controlled servers, which were resolved as a response to specific website DNS requests. Notably, the attackers have developed a new loader that evades detection when infecting its targets, and even employed hybrid encryption practices to complicate analysis and make implants unique to each victim.

Furthermore, the group has developed an injector that allows them to execute their MgBot implant in memory by injecting it into legitimate processes. It resides in the memory space of a decade-old signed executable by using DLL sideloading and enables them to maintain a stealthy presence in compromised systems for extended periods.

Additional information about this threat, including indicators of compromise, is available to customers of the Kaspersky Intelligence Reporting Service. Contact: intelreports@kaspersky.com.

Technical details

Initial infection vector

The threat actor commonly uses lures that are disguised as new updates to known third-party applications or popular system applications trusted by hundreds of users over the years.

In this campaign, the attackers used an executable disguised as an update package for SohuVA, which is a streaming app developed by Sohu Inc., a Chinese internet company. The malicious package, named sohuva_update_10.2.29.1-lup-s-tp.exe, clearly impersonates a real SohuVA update to deliver malware from the following resource, as indicated by our telemetry:

http://p2p.hd.sohu.com[.]cn/foxd/gz?file=sohunewplayer_7.0.22.1_03_29_13_13_union.exe&new=/66/157/ovztb0wktdmakeszwh2eha.exe

There is a possibility that the attackers used a DNS poisoning attack to alter the DNS response of p2p.hd.sohu.com[.]cn to an attacker-controlled server’s IP address, while the genuine update module of the SohuVA application tries to update its binaries located in appdata\roaming\shapp\7.0.18.0\package. Although we were unable to verify this at the time of analysis, we can make an educated guess, given that it is still unknown what triggered the update mechanism.

Furthermore, our analysis of the infection process has identified several additional campaigns pursued by the same group. For example, they utilized a fake updater for the iQIYI Video application, a popular platform for streaming Asian media content similar to SohuVA. This fake updater was dropped into the application’s installation folder and executed by the legitimate service qiyiservice.exe. Upon execution, the fake updater initiated malicious activity on the victim’s system, and we have identified that the same method is used for IObit Smart Defrag and Tencent QQ applications.

The initial loader was developed in C++ using the Windows Template Library (WTL). Its code bears a strong resemblance to Wizard97Test, a WTL sample application hosted on Microsoft’s GitHub. The attackers appear to have embedded malicious code within this project to effectively conceal their malicious intentions.

The loader first decrypts the encrypted configuration buffer by employing an XOR-based decryption algorithm:

for ( index = 0; index < v6; index = (index + 1) )
{
if ( index >= 5156 )
break;
mw_configindex ^= (&mw_deflated_config + (index & 3));
}

After decryption, it decompresses the LZMA-compressed buffer into the allocated buffer, and all of the configuration is exposed, including several components:

• Malware installation path: %ProgramData%\Microsoft\MF
• Resource domain: http://www.dictionary.com/
• Resource URI: image?id=115832434703699686&product=dict-homepage.png
• MgBot encrypted configuration

The malware also checks the name of the logged-in user in the system and performs actions accordingly. If the username is SYSTEM, the malware copies itself with a different name by appending the ext.exe suffix inside the current working directory. Then it uses the ShellExecuteW API to execute the newly created version. Notably, all relevant strings in the malware, such as SYSTEM and ext.exe, are encrypted, and the loader decrypts them with a specific XOR algorithm.

If the username is not SYSTEM, the malware first copies explorer.exe into %TEMP%, naming the instance as tmpX.tmp (where X is an incremented decimal number), and then deletes the original file. The purpose of this activity is unclear, but it consumes high system resources. Next, the loader decrypts the kernel32.dll and VirtualProtect strings to retrieve their base addresses by calling the GetProcAddress API. Afterwards, it uses a single-byte XOR key to decrypt the shellcode, which is 9556 bytes long, and stores it at the same address in the .data section. Since the .data section does not have execute permission, the malware uses the VirtualProtect API to set the permission for the section. This allows for the decrypted shellcode to be executed without alerting security products by allocating new memory blocks. Before executing the shellcode, the malware prepares a 16-byte-long parameter structure that contains several items, with the most important one being the address of the encrypted MgBot configuration buffer.

Multi-stage shellcode execution

As mentioned above, the loader follows a unique delivery scheme, which includes at least two stages of payload. The shellcode employs a hashing algorithm known as PJW to resolve Windows APIs at runtime in a stealthy manner.

unsigned int calc_PJWHash(_BYTE *a1)
{
unsigned int v2;
v2 = 0;
while ( *a1 )
{
v2 = *a1++ + 16 * v2;
if ( (v2 & 0xF0000000) != 0 )
v2 = ~(v2 & 0xF0000000) & (v2 ^ ((v2 & 0xF0000000) >> 24));
}
return v2;
}

The shellcode first searches for a specific DAT file in the malware’s primary installation directory. If it is found, the shellcode decrypts it using the CryptUnprotectData API, a Windows API that decrypts protected data into allocated heap memory, and ensures that the data can only be decrypted on the particular machine by design. After decryption, the shellcode deletes the file to avoid leaving any traces of the valuable part of the attack chain.

If, however, the DAT file is not present, the shellcode initiates the next-stage shellcode installation process. It involves retrieving encrypted data from a web source that is actually an attacker-controlled server, by employing a DNS poisoning attack. Our telemetry shows that the attackers successfully obtained the encrypted second-stage shellcode, disguised as a PNG file, from the legitimate website dictionary[.]com. However, upon further investigation, it was discovered that the IP address associated with dictionary[.]com had been manipulated through a DNS poisoning technique. As a result, victims’ systems were resolving the website to different attacker-controlled IP addresses depending on the victims’ geographical location and internet service provider.

To retrieve the second-stage shellcode, the first-stage shellcode uses the RtlGetVersion API to obtain the current Windows version number and then appends a predefined string to the HTTP header:

sec-ch-ua-platform: windows %d.%d.%d.%d.%d.%d

This implies that the attackers needed to be able to examine request headers and respond accordingly. We suspect that the attackers’ collection of the Windows version number and its inclusion in the request headers served a specific purpose, likely allowing them to target specific operating system versions and even tailor their payload to different operating systems. Given that the Evasive Panda threat actor has been known to use distinct implants for Windows (MgBot) and macOS (Macma) in previous campaigns, it is likely that the malware uses the retrieved OS version string to determine which implant to deploy. This enables the threat actor to adapt their attack to the victim’s specific operating system by assessing results on the server side.

From this point on, the first-stage shellcode proceeds to decrypt the retrieved payload with a XOR decryption algorithm:

key = *(mw_decryptedDataFromDatFile + 92);
index = 0;
if ( sz_shellcode )
{
mw_decryptedDataFromDatFile_1 = Heap;
do
{
*(index + mw_decryptedDataFromDatFile_1) ^= *(&key + (index & 3));
++index;
}
while ( index < sz_shellcode );
}

The shellcode uses a 4-byte XOR key, consistent with the one used in previous stages, to decrypt the new shellcode stored in the DAT file. It then creates a structure for the decrypted second-stage shellcode, similar to the first stage, including a partially decrypted configuration buffer and other relevant details.

Next, the shellcode resolves the VirtualProtect API to change the protection flag of the new shellcode buffer, allowing it to be executed with PAGE_EXECUTE_READWRITE permissions. The second-stage shellcode is then executed, with the structure passed as an argument. After the shellcode has finished running, its return value is checked to see if it matches 0x9980. Depending on the outcome, the shellcode will either terminate its own process or return control to the caller.

Although we were unable to retrieve the second-stage payload from the attackers’ web server during our analysis, we were able to capture and examine the next stage of the malware, which was to be executed afterwards. Our analysis suggests that the attackers may have used the CryptProtectData API during the execution of the second shellcode to encrypt the entire shellcode and store it as a DAT file in the malware’s main installation directory. This implies that the malware writes an encrypted DAT file to disk using the CryptProtectData API, which can then be decrypted and executed by the first-stage shellcode. Furthermore, it appears that the attacker attempted to generate a unique encrypted second shellcode file for each victim, which we believe is another technique used to evade detection and defense mechanisms in the attack chain.

Secondary loader

We identified a secondary loader, named libpython2.4.dll, which was disguised as a legitimate Windows library and used by the Evasive Panda group to achieve a stealthier loading mechanism. Notably, this malicious DLL loader relies on a legitimate, signed executable named evteng.exe (MD5: 1c36452c2dad8da95d460bee3bea365e), which is an older version of python.exe. This executable is a Python wrapper that normally imports the libpython2.4.dll library and calls the Py_Main function.

The secondary loader retrieves the full path of the current module (libpython2.4.dll) and writes it to a file named status.dat, located in C:\ProgramData\Microsoft\eHome, but only if a file with the same name does not already exist in that directory. We believe with a low-to-medium level of confidence that this action is intended to allow the attacker to potentially update the secondary loader in the future. This suggests that the attacker may be planning for future modifications or upgrades to the malware.

The malware proceeds to decrypt the next stage by reading the entire contents of C:\ProgramData\Microsoft\eHome\perf.dat. This file contains the previously downloaded and XOR-decrypted data from the attacker-controlled server, which was obtained through the DNS poisoning technique as described above. Notably, the implant downloads the payload several times and moves it between folders by renaming it. It appears that the attacker used a complex process to obtain this stage from a resource, where it was initially XOR-encrypted. The attacker then decrypted this stage with XOR and subsequently encrypted and saved it to perf.dat using a custom hybrid of Microsoft’s Data Protection Application Programming Interface (DPAPI) and the RC5 algorithm.

This custom encryption algorithm works as follows. The RC5 encryption key is itself encrypted using Microsoft’s DPAPI and stored in the first 16 bytes of perf.dat. The RC5-encrypted payload is then appended to the file, following the encrypted key. To decrypt the payload, the process is reversed: the encrypted RC5 key is first decrypted with DPAPI, and then used to decrypt the remaining contents of perf.dat, which contains the next-stage payload.

The attacker uses this approach to ensure that a crucial part of the attack chain is secured, and the encrypted data can only be decrypted on the specific system where the encryption was initially performed. This is because the DPAPI functions used to secure the RC5 key tie the decryption process to the individual system, making it difficult for the encrypted data to be accessed or decrypted elsewhere. This makes it more challenging for defenders to intercept and analyze the malicious payload.

After completing the decryption process, the secondary loader initiates the runtime injection method, which likely involves the use of a custom runtime DLL injector for the decrypted data. The injector first calls the DLL entry point and then searches for a specific export function named preload. Although we were unable to determine which encrypted module was decrypted and executed in memory due to a lack of available data on the attacker-controlled server, our telemetry reveals that an MgBot variant is injected into the legitimate svchost.exe process after the secondary loader is executed. Fortunately, this allowed us to analyze these implants further and gain additional insights into the attack, as well as reveal that the encrypted initial configuration was passed through the infection chain, ultimately leading to the execution of MgBot. The configuration file was decrypted with a single-byte XOR key, 0x58, and this would lead to the full exposure of the configuration.

Our analysis suggests that the configuration includes a campaign name, hardcoded C2 server IP addresses, and unknown bytes that may serve as encryption or decryption keys, although our confidence in this assessment is limited. Interestingly, some of the C2 server addresses have been in use for multiple years, indicating a potential long-term operation.

Victims

Our telemetry has detected victims in Türkiye, China, and India, with some systems remaining compromised for over a year. The attackers have shown remarkable persistence, sustaining the campaign for two years (from November 2022 to November 2024) according to our telemetry, which indicates a substantial investment of resources and dedication to the operation.

Attribution

The techniques, tactics, and procedures (TTPs) employed in this compromise indicate with high confidence that the Evasive Panda threat actor is responsible for the attack. Despite the development of a new loader, which has been added to their arsenal, the decade-old MgBot implant was still identified in the final stage of the attack with new elements in its configuration. Consistent with previous research conducted by several vendors in the industry, the Evasive Panda threat actor is known to commonly utilize various techniques, such as supply-chain compromise, Adversary-in-the-Middle attacks, and watering-hole attacks, which enable them to distribute their payloads without raising suspicion.

Conclusion

The Evasive Panda threat actor has once again showcased its advanced capabilities, evading security measures with new techniques and tools while maintaining long-term persistence in targeted systems. Our investigation suggests that the attackers are continually improving their tactics, and it is likely that other ongoing campaigns exist. The introduction of new loaders may precede further updates to their arsenal.

As for the AitM attack, we do not have any reliable sources on how the threat actor delivers the initial loader, and the process of poisoning DNS responses for legitimate websites, such as dictionary[.]com, is still unknown. However, we are considering two possible scenarios based on prior research and the characteristics of the threat actor: either the ISPs used by the victims were selectively targeted, and some kind of network implant was installed on edge devices, or one of the network devices of the victims — most likely a router or firewall appliance — was targeted for this purpose. However, it is difficult to make a precise statement, as this campaign requires further attention in terms of forensic investigation, both on the ISPs and the victims.

The configuration file’s numerous C2 server IP addresses indicate a deliberate effort to maintain control over infected systems running the MgBot implant. By using multiple C2 servers, the attacker aims to ensure prolonged persistence and prevents loss of control over compromised systems, suggesting a strategic approach to sustaining their operations.

Indicators of compromise

File Hashes
c340195696d13642ecf20fbe75461bed sohuva_update_10.2.29.1-lup-s-tp.exe
7973e0694ab6545a044a49ff101d412a libpython2.4.dll
9e72410d61eaa4f24e0719b34d7cad19 (MgBot implant)

File Paths
C:\ProgramData\Microsoft\MF
C:\ProgramData\Microsoft\eHome\status.dat
C:\ProgramData\Microsoft\eHome\perf.dat

URLs and IPs
60.28.124[.]21     (MgBot C2)
123.139.57[.]103   (MgBot C2)
140.205.220[.]98   (MgBot C2)
112.80.248[.]27    (MgBot C2)
116.213.178[.]11   (MgBot C2)
60.29.226[.]181    (MgBot C2)
58.68.255[.]45     (MgBot C2)
61.135.185[.]29    (MgBot C2)
103.27.110[.]232   (MgBot C2)
117.121.133[.]33   (MgBot C2)
139.84.170[.]230   (MgBot C2)
103.96.130[.]107   (AitM C2)
158.247.214[.]28   (AitM C2)
106.126.3[.]78     (AitM C2)
106.126.3[.]56     (AitM C2)