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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.

Palo Alto Unit 42 · 28d agoMalware in the wild

Almost Half of Malware Samples Communicate Direct to IP

Unit 42 analysis of 4 million malware reports finds 45% of C2-active samples connect directly to hard-coded IPs, bypassing DNS defenses.

Palo Alto Unit 42 analyzed over 4 million Advanced WildFire dynamic analysis reports and found that 45.32% of malware samples with C2 activity made at least one direct-to-IP connection, accounting for 23.17% of all C2 connection attempts. The firm proposes zero trust IP (ZT-IP), an enforcement approach that verifies whether outbound destinations were ever sanctioned by a DNS response. ZT-IP analysis surfaced Phorpiex ransomware droppers fetching payloads directly from C2 IPs, a persistent data exfiltration campaign using an obfuscated \GET protocol, and Mozi P2P botnet payloads delivered to IoT devices without DNS. Only 1% of benign samples connected directly to untrusted IP addresses.

Palo Alto Unit 42 · Aug 17, 2026Research

The Fractured Block Campaign: CARROTBAT Used to Deliver Malware Targeting Southeast Asia

Unit 42 uncovers the Fractured Block campaign using the CARROTBAT dropper to deliver SYSCON and OceanSalt malware in cryptocurrency-themed attacks across Southeast Asia.

Unit 42 identified 29 CARROTBAT dropper samples used in the Fractured Block campaign, delivering decoy documents on cryptocurrencies, exchanges, and Korean political topics. Early samples delivered the SYSCON RAT, which uses FTP for command and control, while later ones dropped the previously reported OceanSalt malware. CARROTBAT supports 11 decoy file formats and uses certutil to download and execute payloads. Initial discovery stemmed from a December 2017 spear phishing attack on a British government agency, with infrastructure overlap tying the campaign to KONNI activity.

Palo Alto Unit 42 · Aug 17, 2026Malware

Exploring the Latest Mispadu Stealer Variant

Unit 42 found a new Mispadu infostealer variant targeting Mexican users via malicious .url files exploiting the SmartScreen CVE-2023-36025 bypass.

Unit 42 discovered a new variant of Mispadu Stealer, a Delphi-based banking trojan first reported in 2019, found while hunting for the Windows SmartScreen bypass CVE-2023-36025. The campaign uses crafted .url files referencing UNC network-share paths with an HTTP port (@80) that forces payload retrieval over WebDAV via rundll32.exe, avoiding SmartScreen warnings. Analyzed samples (~4 KB, compiled 2023-11-12) predate the CVE publication, and ZIP payloads were likely distributed as email attachments, primarily targeting users in Mexico.

Palo Alto Unit 42 · Aug 17, 2026Malware in the wildCVE-2023-360251

Cardinal RAT Sins Again, Targets Israeli Fin

Unit 42 documents updated Cardinal RAT attacks against Israeli FinTech firms, using BMP steganography, MD5-hash obfuscation, and process injection to hinder analysis and detection.

Unit 42 tracked a series of attacks using an updated Cardinal RAT (version 1.7.2) targeting the Israeli financial technology sector. The .NET loader hides a second-stage DLL inside an embedded BMP image decrypted with a single-byte XOR key, and the payload renames functions, methods, and variables to MD5 hashes for obfuscation. The malware installs a startup-folder LNK file and injects its final payload into RegSvcs.exe or RegAsm.exe, communicating with affiliatecollective[.]club over port 443. A possible relationship with the EVILNUM JavaScript malware used against similar organizations was also noted.

Palo Alto Unit 42 · Aug 17, 2026Malware1