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GoldFactory Weaponizes Open-Source Vwork App Cloner in Gigabud Banking Malware Attacks
Group-IB says GoldFactory's Gigabud Android trojan uses Vwork, a weaponized Shelter fork, to clone banking apps into isolated Work Profiles and evade bank-side detection.
Group-IB's 'Hook for Gold' investigation found GoldFactory ships Vwork, a modified fork of the open-source Shelter app, alongside its Gigabud Android banking trojan, active since 2022. Vwork abuses Android Work Profile provisioning to clone banking apps into an isolated environment, weakening the link between detected malware signals and fraudulent transactions. Gigabud has targeted victims in Southeast Asia, Latin America, the Middle East, Africa, and beyond via fake airline, tax, and government apps requesting Accessibility and overlay permissions. In Indonesia, telemetry recorded about 1,469 compromised devices and roughly $960,939 in estimated losses between February and July 2026.
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FrostyGoop’s Zoom-In: A Closer Look into the Malware Artifacts, Behaviors and Network Communications
Unit 42 dissects FrostyGoop OT malware, which sent Modbus TCP commands to disrupt heating for 600+ apartment buildings in Ukraine.
Palo Alto Unit 42 analyzed new FrostyGoop/BUSTLEBERM samples, the ninth known ICS-centric malware, first used against a Ukrainian municipal energy company by sending Modbus TCP commands to ENCO control devices. The attack caused a two-day heating outage affecting over 600 apartment buildings during sub-zero temperatures. The Go-compiled malware accepts Modbus register operations and timing parameters via command-line arguments or a JSON configuration file, uses an obscure open-source Modbus library, and checks the Windows BeingDebugged flag to evade debuggers. Unit 42 telemetry recorded over 1 million Modbus TCP devices exposed to the internet between September and October 2024.
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