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KRBanker Targets South Korea Through Adware and Exploit Kits

Unit 42 details KRBanker banking trojan targeting South Korean bank users via KaiXin exploit kit and NEWSPOT adware, using pharming and process hollowing.

KRBanker (aka Blackmoon) is a banking trojan targeting online banking users in the Republic of Korea, with roughly 2,000 unique samples and 200+ pharming servers observed by Unit 42 over six months. It is distributed through the KaiXin exploit kit exploiting Adobe Flash CVE-2014-0569 and CVE-2015-3133, and through the NEWSPOT adware update channel that also delivers the Venik trojan. The trojan uses process hollowing, retrieves pharming server IPs from Qzone profile nickname fields, and abuses Proxy Auto-Config with a local proxy to redirect banking traffic to forged sites.

Palo Alto Unit 42·Aug 17, 12:57 UTC · Aug 17, 2026Malware in the wildCVE-2014-0569CVE-2015-3133

Banking Trojans: Ursnif Global Distribution Networks Identified

Unit 42 maps banking-trojan distribution networks: spam botnets push Shiotob downloaders and Ursnif, KINS, Tinba at Japan and European targets via compromised web servers.

Unit 42 identified the distribution networks behind banking trojan attacks against Japan, Italy, Spain, Poland, Australia, and Germany. A spam botnet delivered 75 unique Shiotob (Bebloh/URLZone) variants across 7 million spam emails, with Shiotob acting mainly as a downloader that installs Ursnif and the Pushdo spam bot from C2 commands. Over 200 malicious files were hosted on 74 compromised, mostly European small-business web servers between April 2015 and January 2017, with localized invoice and photo-themed email lures per target country.

Palo Alto Unit 42·Aug 17, 12:56 UTC · Aug 17, 2026Malware in the wild

UBoatRAT Navigates East Asia

Unit 42 discovers UBoatRAT, a new custom RAT targeting South Korean and video-game industry personnel, delivered via Google Drive with GitHub-based C2 and BITS persistence.

Unit 42 identified UBoatRAT, a new custom remote access trojan first found in May 2017, whose initial version used a public Hong Kong blog service and a compromised Japanese web server for command and control. The latest variants target personnel or organizations related to South Korea or the video games industry, are delivered through Google Drive, and masquerade as Microsoft Word, Excel, or folder icons. The RAT checks for virtualization software and domain join, retrieves its C2 address from a Base64-encoded string in a GitHub-hosted file, uses a custom XOR-encrypted C2 protocol, and maintains persistence via Windows Background Intelligent Transfer Service (BITS) jobs that survive reboots.

Palo Alto Unit 42·Aug 17, 12:55 UTC · Aug 17, 2026Malware in the wild1

Bisonal Malware Used in Attacks Against Russia and South Korea

Unit 42 details a Bisonal malware variant, active since 2014, targeting Russian and South Korean defense organizations via PDF-disguised spearphishing emails.

In early May, Unit 42 discovered a campaign delivering a Bisonal malware variant against at least one Russian communications security and cryptography company and one unidentified organization in South Korea. The variant, in the wild since at least 2014, introduces a new C2 cipher and rewritten networking and persistence code, with only 14 samples collected to date. Attackers spoofed Russian state corporation Rostec in spearphishing emails carrying an executable disguised with a PDF icon; the dropper decrypts an RC4-encrypted DLL and establishes persistence via a registry Run key. Bisonal has been used since 2013 against government, military, and defense targets in South Korea, Russia, Japan, and India, alongside successors Bioazih and Dexbia.

Palo Alto Unit 42·Aug 17, 12:55 UTC · Aug 17, 2026Malware in the wild

Analysis of Smoke Loader in New Tsunami Campaign

Fake Japanese Meteorological Agency tsunami warning emails delivered Smoke Loader and AzoRult malware to steal credentials from targets in Japan.

A fake tsunami warning email impersonating Japan's Meteorological Agency asked recipients to click a link on a registered fake agency domain, delivering the commodity loader Smoke Loader to targets in Japan. Smoke Loader, active since 2011, is modular, and its payloads have included banking trojans, ransomware, cryptominers, password stealers, and PoS malware; the campaign later also deployed AzoRult. New samples add junk-jump obfuscation, encrypted network traffic and payload files, a unique machine ID used for tracking and encryption, and PROPagate injection into explorer.exe, with persistence via a Startup folder shortcut and RC4-encrypted C2 communication.

Palo Alto Unit 42·Aug 17, 12:54 UTC · Aug 17, 2026Malware in the wild

Tracking OceanLotus’ new Downloader, KerrDown

Unit 42 identifies KerrDown, a new OceanLotus (APT32) downloader active since 2018 targeting Vietnamese speakers via malicious macros and DLL side-loading.

Unit 42 tracks KerrDown, a previously undocumented downloader family used by OceanLotus (APT32) since at least early 2018, primarily targeting Vietnam or Vietnamese-speaking individuals. Delivery uses macro-laced Microsoft Office documents embedding base64-encoded 32-bit and 64-bit DLLs, and RAR archives containing a legitimate program abused for DLL side-loading. KerrDown is dropped as main_background.png, downloads a DES-encrypted payload from a URL, and executes it directly in memory. Researchers used Jaccard-index similarity analysis to identify the new family, connect campaign samples, and infer patterns in the group's working hours and days.

Palo Alto Unit 42·Aug 17, 12:53 UTC · Aug 17, 2026Malware in the wild1

Malspam Targeting Brazil Continues to Evolve

Brazilian malspam campaigns continue evolving, abusing Google URL shortener and Dropbox and using Squiblydoo plus DLL side-loading to deploy likely infostealing botnet malware.

A June 2017 Brazilian malspam campaign spoofed IPTU tax notification emails, using the recipient's address as the sender, and abused Google's URL shortener and Dropbox to deliver a zip containing a malicious Windows shortcut (.lnk) file. The LNK used the Squiblydoo technique (regsvr32.exe) to download and execute a scriptlet with elevated privileges, retrieving a signed G-Buster Browser Defense executable alongside a malicious fltLib.dll loaded via side-loading, likely an information-stealing botnet. Post-infection HTTP traffic exposed over 400 infected Windows hosts, mostly in Brazil, with 2,132 Banload-tagged samples observed in the first half of 2017.

Palo Alto Unit 42·Aug 17, 09:31 UTC · Aug 17, 2026Malware in the wild

PowerStager Analysis

Palo Alto Unit 42·Jan 12, 13:00 UTC · Jan 12, 2018Malware in the wild