Picture perfect deception.

Today we are joined by Ben Folland, Security Operations Analyst from Huntress, discussing their work on "ClickFix Gets Creative: Malware Buried in Images." This analysis covers a ClickFix campaign that uses fake human verification checks and a realistic Windows Update screen to trick users into manually running malicious commands. The multi-stage attack chain leverages mshta.exe, PowerShell, and .NET loaders, ultimately delivering infostealers like LummaC2 and Rhadamanthys, with payloads hidden inside PNG images using steganography. While technically sophisticated, the campaign hinges on simple user interaction, underscoring the importance of user awareness and controls around command execution. The research can be found here: ClickFix Gets Creative: Malware Buried in Images Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, we are joined by Martin Zugec, Technical Solutions Director from Bitdefender, sharing their work and findings on "EggStreme Malware: Unpacking a New APT Framework Targeting a Philippine Military Company." Built for long-term espionage, the campaign uses DLL sideloading, in-memory execution, and abused Windows services to stay stealthy and persistent. We walk through how the multi-stage framework delivers a powerful backdoor with reconnaissance, lateral movement, data theft, and keylogging capabilities—and what this operation reveals about the evolving tactics defenders need to watch for. The research can be found here: EggStreme Malware: Unpacking a New APT Framework Targeting a Philippine Military Company Learn more about your ad choices. Visit megaphone.fm/adchoices

While our team is out on winter break, please enjoy this episode of Research Saturday. Today we are joined by ⁠⁠Selena Larson⁠⁠, co-host of ⁠⁠Only Malware in the Building⁠⁠ and Staff Threat Researcher and Lead Intelligence Analysis and Strategy at ⁠⁠Proofpoint⁠⁠, sharing their work on "Microsoft OAuth App Impersonation Campaign Leads to MFA Phishing." Proofpoint researchers have identified campaigns where threat actors use fake Microsoft OAuth apps to impersonate services like Adobe, DocuSign, and SharePoint, stealing credentials and bypassing MFA via attacker-in-the-middle phishing kits, mainly Tycoon. These attacks redirect users to fake Microsoft login pages to capture credentials, 2FA tokens, and session cookies, targeting nearly 3,000 Microsoft 365 accounts across 900 environments in 2025. Microsoft’s upcoming security changes and strengthened email, cloud, and web defenses, along with user education, are recommended to reduce these risks. The research can be found here: ⁠⁠⁠⁠Microsoft OAuth App Impersonation Campaign Leads to MFA Phishing Learn more about your ad choices. Visit megaphone.fm/adchoices

While our team is out on winter break, please enjoy this episode of Research Saturday. This week, we are joined by ⁠Tom Hegel⁠, Principal Threat Researcher from ⁠SentinelLabs⁠ research team, to discuss their work on "Ghostwriter | New Campaign Targets Ukrainian Government and Belarusian Opposition." The latest Ghostwriter campaign, linked to Belarusian government espionage, is actively targeting Ukrainian military and government entities as well as Belarusian opposition activists using weaponized Excel documents. SentinelLabs identified new malware variants and tactics, including obfuscated VBA macros that deploy malware via DLL files, with payload delivery seemingly controlled based on a target’s location and system profile. The campaign, which began preparation in mid-2024 and became active by late 2024, appears to be an evolution of previous Ghostwriter operations, combining disinformation with cyberattacks to further political and military objectives. The research can be found here: ⁠Ghostwriter | New Campaign Targets Ukrainian Government and Belarusian Opposition Learn more about your ad choices. Visit megaphone.fm/adchoices

Darren Meyer, Security Research Advocate at Checkmarx, is sharing their work on "Bypassing AI Agent Defenses with Lies-in-the-Loop." Checkmarx Zero researchers introduce “lies-in-the-loop,” a new attack technique that bypasses human‑in‑the‑loop AI safety controls by deceiving users into approving dangerous actions that appear benign. Using examples with AI code assistants like Claude Code, the research shows how prompt injection and manipulated context can trick both the agent and the human reviewer into enabling remote code execution. The findings highlight a growing risk as AI agents become more common in developer workflows, underscoring the limits of human oversight as a standalone security control. The research can be found here: ⁠Bypassing AI Agent Defenses With Lies-In-The-Loop Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Schwalbe, DomainTools Head of Investigations and CISO, is sharing their work on "Inside the Great Firewall." This two-part research project analyzes an extraordinary 500–600GB leak that exposes the internal architecture, tooling, and human ecosystem behind China’s Great Firewall. Across both parts, you break down thousands of leaked documents, source code repositories, diagrams, packet captures, and telemetry that reveal how systems like the Traffic Secure Gateway, MAAT, Redis-based analytics, and modular DPI engines work together to censor, surveil, and fingerprint users at scale. Taken together, the research shows how the Great Firewall functions not just as a technical system, but as a living censorship-industrial complex that adapts, learns, and coordinates across government, telecoms, and security vendors. The research can be found here: Inside the Great Firewall Part 1: The Dump Inside the Great Firewall Part 2: Technical Infrastructure Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaron Bradley, Director of Jamf Threat Labs, is sharing their work on "ChillyHell: A Deep Dive into a Modular macOS Backdoor." Jamf Threat Labs uncovers a newly notarized macOS backdoor called ChillyHell, tied to past UNC4487 activity and disguised as a legitimate applet. The malware showcases robust host profiling, multiple persistence mechanisms, timestomping, and flexible C2 communications over both DNS and HTTP. Its modular design includes reverse shells, payload delivery, self-updates, and a brute-force component targeting user credentials. The research can be found here: ⁠ChillyHell: A Deep Dive into a Modular macOS Backdoor Learn more about your ad choices. Visit megaphone.fm/adchoices

Please enjoy this encore of Research Saturday. This week, we are joined by ⁠Michael Gorelik⁠, Chief Technology Officer from ⁠Morphisec⁠, discussing their work on "New Noodlophile Stealer Distributes Via Fake AI Video Generation Platforms." A new threat dubbed Noodlophile Stealer is exploiting the popularity of AI-powered content tools by posing as fake AI video generation platforms, luring users into uploading media in exchange for malware-laced downloads. Distributed through convincing Facebook groups and viral campaigns, the malware steals browser credentials, cryptocurrency wallets, and can deploy a remote access trojan like XWorm. The campaign uses a layered, obfuscated delivery chain disguised as legitimate video editing software, making it both deceptive and difficult to detect. The research can be found here: ⁠⁠⁠New Noodlophile Stealer Distributes Via Fake AI Video Generation Platforms Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Berninger, Senior Manager of Intelligence at Red Canary, and Mike Wylie, Director, Threat Hunting at Zscaler, join to discuss four phishing lures in campaigns dropping RMM tools. Red Canary and Zscaler uncovered phishing campaigns delivering legitimate remote monitoring and management (RMM) tools—like ITarian, PDQ, SimpleHelp, and Atera—to gain stealthy access to victim systems. Attackers used four main lures (fake browser updates, meeting invites, party invitations, and fake government forms) and often deployed multiple RMM tools in quick succession to establish persistent access and deliver additional malware. The report highlights detection opportunities, provides indicators of compromise, and stresses the importance of monitoring authorized RMM usage, scrutinizing trusted services like Cloudflare R2, and enforcing strict network and endpoint controls. The research can be found here: You’re invited: Four phishing lures in campaigns dropping RMM tools Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Renée Burton, Vice President of Threat Intelligence from Infoblox, is sharing the team's work on "Deniability by Design: DNS-Driven Insights into a Malicious Ad Network." Infoblox returns with new threat actor research uncovering Vane Viper, a Cyprus-based holding company behind PropellerAds—one of the world’s largest advertising networks. The report reveals that Vane Viper isn’t just being exploited by criminals but operates as a criminal infrastructure itself, built to profit from fraud, malware, and disinformation through offshore entities and complex ownership structures. The findings highlight the growing convergence between adtech, cybercrime, and state-linked influence operations, suggesting that elements of the global digital advertising ecosystem are now functioning as infrastructure for large-scale cyber and disinformation campaigns. The research can be found here: Deniability by Design: DNS-Driven Insights intoa Malicious Ad Network Learn more about your ad choices. Visit megaphone.fm/adchoices