RM3 – Curiosities of the wildest banking malware

by fumik0_ & the RIFT


Our Research and Intelligence Fusion Team have been tracking the Gozi variant RM3 for close to 30 months. In this post we provide some history, analysis and observations on this most pernicious family of banking malware targeting Oceania, the UK, Germany and Italy. 

We’ll start with an overview of its origins and current operations before providing a deep dive technical analysis of the RM3 variant. 


Despite its long and rich history in the cyber-criminal underworld, the Gozi malware family is surrounded with mystery and confusion. The leaking of its source code only increased this confusion as it led to an influx of Gozi variants across the threat landscape.  

Although most variants were only short-lived – they either disappeared or were taken down by law enforcement – a few have had greater staying power. 

Since September 2019, Fox-IT/NCC Group has intensified its research into known active Gozi variants. These are operated by a variety of threat actors (TAs) and generally cause financial losses by either direct involvement in transactional fraud, or by facilitating other types of malicious activity, such as targeted ransomware activity. 

Gozi ISFB started targeting financial institutions around 2013-2015 and hasn’t stopped since then. It is one of the few – perhaps the only – main active branches of the notorious 15 year old Gozi / CRM. Its popularity is probably due to the wide range of variants which are available and the way threat actor groups can use these for their own goals. 

In 2017, yet another new version was detected in the wild with a number of major modifications compared to the previous main variant:

  • Rebranded RM loader (called RM3
  • Used exotic PE file format exclusively designed for this banking malware 
  • Modular architecture 
  • Network communication reworked 
  • New modules 

Given the complex development history of the Gozi ISFB forks, it is difficult to say with any certainty which variant was used as the basis for RM3. This is further complicated by the many different names used by the Cyber Threat Intelligence and Anti-Virus industries for this family of malware. But if you would like to understand the rather tortured history of this particular malware a little better, the research and blog posts on the subject by Check Point are a good starting point.

Banking malware targeting mainly Europe & Oceania

With more than four years of activity, RM3 has had a significant impact on the financial fraud landscape by spreading a colossal number of campaigns, principally across two regions:

  • Oceania, to date, Australia and New Zealand are the most impacted countries in this region. Threat actors seemed to have significant experience and used traditional means to conduct fraud and theft, mainly using web injects to push fakes or replacers directly into financial websites. Some of these injectors are more advanced than the usual ones that could be seen in bankers, and suggest the operators behind them were more sophisticated and experienced.
  • Europe, targeting primarily the UK, Germany and Italy. In this region, a manual fraud strategy was generally followed which was drastically different to the approach seen in Oceania.
This image has an empty alt attribute; its file name is RM3_Zones-1.png
Two different approaches to fraud used in Europe and Oceania

It’s worth noting that ‘Elite’ in this context means highly skilled operators. The injects provided and the C&C servers are by far the most complicated and restricted ones seen up to this date in the fraud landscape.

Fox-IT/NCC Group has currently counted at least eight* RM3 infrastructures:

  • 4 in Europe
  • 2 in Oceania (that seem to be linked together based on the fact that they share the same inject configurations)
  • 1 worldwide (using AES-encryption)
  • 1 unknown

Looking back, 2019 seems to have been a golden age (at least from the malware operators’ perspective), with five operators active at the same time. This golden age came to a sudden end with a sharp decline in 2020.

This image has an empty alt attribute; its file name is RM3_Timeline.png
RM3 timeline of active campaigns seen in the wild

Even when some RM3 controllers were not delivering any new campaigns, they were still managing their bots by pushing occasional updates and inspecting them carefully. Then, after a number of weeks, they start performing fraud on the most interesting targets. This is an extremely common pattern among bank malware operators in our experience, although the reasons for this pattern remain unclear. It may be a tactic related to maintaining stealth or it may simply be an indication of the operators lagging behind the sheer number of infections.

The global pandemic has had a noticeable impact on many types of RM3 infrastructure, as it has on all malware as a service (MaaS) operations. The widespread lockdowns as a result of the pandemic have resulted in a massive number of bots being shut down as companies closed and users were forced to work from home, in some cases using personal computers. This change in working patterns could be an explanation for what happened between Q1 & Q3 2020, when campaigns were drastically more aggressive than usual and bot infections intensified (and were also of lower quality, as if it was an emergency). The style of this operation differed drastically from the way in which RM3 operated between 2018 and 2019, when there was a partnership with a distributor actor called Sagrid.

Analysis of the separate campaigns reveals that individual campaign infrastructures are independent from each of the others and operate their own strategies:

RM3 InfraTasksInjects
UK 1No‡YesYesYes
UK 2YesNoNoNo
Australia/NZ 1YesYesNo‡No
Australia/NZ 2YesYesNo‡No
RM3 .at????????????

Based on the web inject configuration file from config.bin
Based on active campaign monitoring, threat actor team(s) are mainly inspecting bots to manually push extra commands like VNC module for starting fraud activities.

A robust and stable distribution routine

As with many malware processes, renewing bots is not a simple, linear thing and many elements have to be taken into consideration:

  • Malware signatures
  • Packer evading AV/EDR
  • Distribution used (ratio effectiveness)
  • Time of an active campaign before being takedown by abuse

Many channels have been used to spread this malware, with distribution by spam (malspam) the most popular – and also the most effective. Multiple distribution teams are behind these campaigns and it is difficult to identify all of them; particularly so now, given the increased professionalisation of these operations (which now can involve shorter term, contractor like relationships). As a result, while malware campaign infrastructures are separate, there is now more overlap between the various infrastructures. It is certain however that one actor known as Sagrid was definitely the most prolific distributor. Around 2018/2019, Sagrid actively spread malware in Australia and New Zealand, using advanced techniques to deliver it to their victims.

This image has an empty alt attribute; its file name is RM3_Delivery.png
RM3 distribution over the past 4 years

The graphic below shows the distribution method of an individual piece of RM3 malware in more detail.

This image has an empty alt attribute; its file name is Classic_Walkthrough.png
A simplified path of a payload from its compilation to its delivery

Interestingly, the only exploit kit seen to be involved in the distribution of RM3 has been  Spelevo – at least in our experience. These days, Exploit Kits (EK) are not as active as in their golden era in the 2010s (when Angler EK dominated the market along with Rig and Magnitude). But they are still an interesting and effective technique for gathering bots from corporate networks, where updates are complicated and so can be delayed or just not performed. In other words, if a new bot is deployed using an EK, there is a higher chance that it is part of big network than one distributed by a more ‘classic’ malspam campaign.

Strangely, to this date, RM3 has never been observed targeting financial institutions in North America. Perhaps there are just no malicious actors who want to be part of this particular mule ecosystem in that zone. Or perhaps all the malicious actors in this region are still making enough money from older strains or another banking malware.

Nowadays, there is a steady decline in banking malware in general, with most TAs joining the rising and explosive ransomware trend. It is more lucrative for bank malware gangs to stop their usual business and try to get some exclusive contracts with the ransom teams. The return on investment (ROI) of a ransom paid by a victim is significantly higher than for the whole classic money mule infrastructure. The cost and time required in money mule and inject operations are much more complex than just giving access to an affiliate and awaiting royalties.

Large number of financial institutions targeted

Fox-IT/NCC Group has identified more than 130 financial institution targeted by threat actor groups using this banking malware. As the table below shows, the scope and impact of these attacks is particularly concentrated on Oceania. This is also the only zone where loan and job websites are targeted. Of course, targeting job websites provides them with further opportunities to hire money mules more easily within their existing systems.

CountryBanksWeb ShopsJob OffersLoansCrypto Services

A short timeline of post-pandemic changes

As we’ve already said, the pandemic has had an impact across the entire fraud landscape and forced many TAs (not just those using RM3) to drastically change their working methods. In some cases, they have shut down completely in one field and started doing something else. For RM3 TAs, as for all of us, these are indeed interesting times.

Q3 2019 – Q2 2020, Classic fraud era

Before the pandemic, the tasks pushed by RM3 were pretty standard when a bot was part of the infrastructure. The example below is a basic check for a legitimate corporate bot with an open access point for a threat actor to connect to and start to use for fraud.


Otherwise, the banking malware was configured as an advanced infostealer, designed to steal data and intercept all keyboard interactions.


Q4 2020 – Now, Bot Harvesting Era

Nowadays, bots are basically  removed if they are coming from old infrastructures, if they are not part of an active campaign. It’s an easy way for them for removing researcher bots


Otherwise, this is a classic information gathering system operation on the host and network. Which indicates TAs are following the ransomware path and declining their fraud legacy step by step.

RUN_CMD=net group "domain computers" /domain
RUN_CMD=net session

RM3 Configs – Invaluable threat intelligence data


Around the summer of 2019, when this banking malware was at its height, an infrastructure which was very different from the standard ones first emerged. It mostly used infostealers for distribution and pushed an interesting variant of the RM3 loader.

Based on configs, similarities with the GoziAT TAs were seen. The crossovers were:

  • both infrastructure are using the .at TLD
  • subdomains and domains are using the same naming convention
  • Server ID is also different from the default one (12)
  • Default nameservers config
  • First seen when GoziAT was curiously quiet

An example loader.ini file for RM3.at is shown below:

LOADER.INI - RM3 .AT example
"HOSTS": [
"URI": "index.htm",
"GROUP": "3000",
"SERVER": "350",
"SERVERKEY": "s2olwVg5cU7fWsec",
"DGATEMPLATE": "constitution.org/usdeclar.txt",
"DGATEMPHASH": "0x4eb7d2ca",

As a reminder, the ISFB v2 variant called GoziAT (which technically uses the RM2 loader) uses the format shown below:

LOADER.INI - GoziAT/ISFB (RM2 Loader) 
"HOSTS": [
"GROUP": "1100",
"SERVER": "730",
"SERVERKEY": "F2oareSbPhCq2ch0",

But this RM3 infrastructure disappeared just a few weeks later and has never been seen again. It is not known if the TAs were satisfied with the product and its results and it remains one of the unexplained curiosities of this banking malware

But, we can say this marked the return of GoziAT, which was back on track with intense campaigns.

Other domains related to this short lived RM3 infrastructure were.

  • api.fiho.at
  • y1.rexa.at
  • cde.frame303.at
  • api.frame303.at
  • u2.inmax.at
  • cdn5.inmax.at
  • go.maso.at
  • f1.maso.at

Standard routine for other infrastructures

Meanwhile, a classic loader config will mostly need standard data like any other malware:

  • C&C domains (called hosts on the loader side)
  • Timeout values
  • Keys

The example below shows a typical loader.ini file from a more ‘classic’ infrastructure. This one is from Germany, but similar configurations were seen in the UK1, Australia/New Zealand1 and Italian infrastructures:

"HOSTS": "https://daycareforyou.xyz",
"ADNSONLY": "0",
"URI": "index.htm",
"GROUP": "40000",
"SERVER": "12",
"SERVERKEY": "z2Ptfc0edLyV4Qxo",
"DGATEMPLATE": "constitution.org/usdeclar.txt",
"DGATEMPHASH": "0x4eb7d2ca",

Updates to RM3 were observed to be ongoing, and more fields have appeared since the 3009XX builds (e.g: 300912, 900932):

  • Configuring the self-removing process
  • Setup the loader module as the persistent one
  • The Anti-CIS (langid field) is also making a comeback

The example below shows a typical client.ini file as seen in build 3009xx from the UK2 and Australia/New Zealand 2 infrastructures:

"HOSTS": "https://vilecorbeanca.xyz",
"ADNSONLY": "0",
"URI": "index.htm",
"GROUP": "92020291",
"SERVER": "12",
"SERVERKEY": "kD9eVTdi6lgpH0Ml",
"NOSCRIPT": "0",
"NODELETE": "0",
"DGATEMPLATE": "constitution.org/usdeclar.txt",
"DGATEMPHASH": "0x4eb7d2ca",

The client.ini file mainly stores elements that will be required for the explorer.dll module:

  • Timeouts values
  • Maximum size allowed for RM3 requests to the controllers
  • Video config
  • HTTP proxy activation
CLIENT.INI - Default Format
"ADNSONLY": "0",
"IPRESOLVERS": "curlmyip.net",
"SERVER": "12",
"IDLEPERIOD": "300",
"INITIMEOUT": "300",
"GROUP": "",
"LOGHTTP": "0",
"MAXPOSTLENGTH": "300000",

What next?

Active monitoring of current in-the-wild instances suggests that the RM3 TAs are progressively switching to the ransomware path. That is, they have not pushed any updates on the fraud side of their operations for a number of months (by not pushing any injects), but they are still maintaining their C&C infrastructure. All infrastructure has a cost and the fact they are maintaining their C&C infrastructure without executing traditional fraud is a strong indication they are changing their strategy to another source of income.

The tasks which are being pushed (and old ones since May 2020) are triage steps for selecting bots which could be used for internal lateral movement. This pattern of behaviour is becoming more evident everyday in the latest ongoing campaigns, where everyone seems to be targeted and the inject configurations have been totally removed.

As a reminder, over the past two years banking malware gangs in general have been seen to follow this trend. This is due to the declining fraud ecosystem in general, but also due to the increased difficulty in finding inject developers with the skills to develop effective fakes which this decline has also prompted.

This image has an empty alt attribute; its file name is Banking_Modern_Approach-1024x731.png
How banking TAs can migrate from fraud to ransom (or any other businesses)

We consider RM3 to be the most advanced ISFB strain to date, and fraud tools can easily be switched into a malicious red team like strategy.

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RM3 evolving to support two different use cases at the same time

Why is RM3 the most advanced ISFB strain?

As we said, we consider RM3 to be the most advanced ISFB variant we have seen. When we analyse the RM3 payload, there is a huge gap between it and its predecessors. There are multiple differences:

  • A new PE format called PX has been developed
  • The .bss section is slightly updated for storing RM3 static variables
  • A new structure called WD based on the J1/J2/J3/JJ ISFB File Join system for storing files
This image has an empty alt attribute; its file name is isfb_rm3.png
Architecture differences between ISFB v2 and RM3 payload
(main sections discussed below)

PX Format

As mentioned, RM3 is designed to work with PX payloads (Portable eXecutable). This is an exotic file format created for, and only used with, this banking malware. The structure is not very different from the original PE format, with almost all sections, data directories and section tables remaining intact. Essentially, use of the new file format just requires malware to be re-crafted correctly in a new payload at the correct offset.

This image has an empty alt attribute; its file name is PX_Header.png
PX Header

BSS section

The bss section (Block Starting Symbol) is a critical data segment used by all strains of ISFB for storing uninitiated static local variables. These variables are encrypted and used for different interactions depending on the module in use.

In a compiled payload, this section is usually named “.bss0”. But evidence from a source code leak shows that this is originally named “.bss” in the source code. These comments also make it clear that this module is encrypted.

This image has an empty alt attribute; its file name is RM3_BSS.png
The encrypted .bss section

This is illustrated by the source code comments shown below:

// Original section name that will be created within a file
#define CS_SECTION_NAME ".bss0"
// The section will be renamed after the encryption completes.
// This is because we cannot use reserved section names aka ".rdata" or ".bss" during compile time.
#define CS_NEW_SECTION_NAME ".bss"

When working with ISFB, it is common to see the same mechanism or routine across multiple compiled builds or variants. However, it is still necessary to analyse them all in detail because slight adjustments are frequently introduced. Understanding these minor changes can help with troubleshooting and explain why scripts don’t work. The decryption routine in the bss section is a perfect example of this; it is almost identical to ISFB v2 variants, but the RM3 developers decided to tweak it just slightly by creating an XOR key in a different way – adding a FILE_HEADER.TimeDateStamp with the gs_Cookie (this information based on the ISFB leak).

This image has an empty alt attribute; its file name is bss_decrypted.png
Decrypted strings from the .bss section being parsed by IDA

Occasionally, it is possible to see a debugged and compiled version of RM3 in the wild. It is unknown if this behaviour is intended for some reason or simply a mistake by TA teams, but it is a gold mine for understanding more about the underlying code.

WD Struct

ISFB has its own way of storing and using embedded files. It uses a homemade structure that seems to change its name whenever there is a new strain or a major ISFB update:

  • FJ or J1 – Old ISFB era
  • J2 – Dreambot
  • J3 – ISFB v3 (Only seen in Japan)
  • JJ – ISFB v2 (v2.14+ – now)
  • WD – RM3 / Saigon

To get a better understanding of the latest structure in use, it is worth taking a quick look back at the active strains of ISFB v2 still known to use the JJ system.

This image has an empty alt attribute; its file name is JJ_struct.png

The structure is pretty rudimentary and can be summarised like this:

struct JJ_Struct {
DWORD xor_cookie;
DWORD crc32;
DWORD size;
DWORD addr;
} JJ;

With RM3, they decided to slightly rework the join file philosophy by creating a new structure called WD. This is basically just a rebranded concept; it just adds the JJ structure (seen above) and stores it as a pointer array.

This image has an empty alt attribute; its file name is WD_Struct.png

The structure itself is really simple:

struct WD_Struct {
DWORD size;
  WORD magic;
  WORD flag;
  JJ_Struct *jj;
} WD;

In allRM3 builds, these structures simply direct the malware to grab an average of at least 4 files†:

  • A PX loader
  • An RSA pubkey
  • An RM3 config
  • A wordlist that will be mainly used for create subkeys in the registry

† The amount of files is dependent on the loader stage or RM3 modules used. It is also based on the ISFB variant, as another file could be present which stores the langid value (which is basically the anti-cis feature for this banking malware).


Every major ISFB variant has something that makes it unique in some way. For example, the notorious Dreambot was designed to work as a standalone payload; the whole loader stage walk-through was removed and bots were directly pointed at the correct controllers. This choice was mainly explained by the fact that this strain was designed to work as malware as a service. It is fairly standard right now to see malware developers developing specific features for TAs – if they are prepared to pay for them. In these agreements, TAs can be guaranteed some kind of exclusivity with a variant or feature. However, this business model does also increase the risk of misunderstanding and overlap in term of assigning ownership and responsibility. This is one of the reasons it is harder to get a clear picture of the activities happening between malware developers & TAs nowadays.

But to get back to the variant we are discussing here; RM3 pushed the ISFB modular plugin system to its maximum potential by introducing a range of elements into new modules that had never been seen before. These new modules included:

  • bl.dll
  • explorer.dll
  • rt.dll
  • netwrk.dll

These modules are linked together to recreate a modded client32.bin/client64.bin (modded from the client.bin seen in ISFB v2). This new architecture is much more complicated to debug or disassemble. In the end, however, we can split this malware into 4 main branches:

  • A modded client32.bin/client64.bin
  • A browser module designed to setup hooks and an SSL proxy (used for POST HTTP/HTTPS interception)
  • A remote shell (probably designed for initial assessments before starting lateral attacks)
  • A fraud arsenal toolkit (hidden VNC, SOCKs proxy, etc…)
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RM3 Architecture

RM3 Loader –
Major ISFB update? Or just a refactored code?

The loader is a minimalist plugin that contains only the required functions for doing three main tasks:

  • Contacting a loader C&C (which is called host), downloading critical RM3 modules and storing them into the registry (bl.dll, explorer.dll, rt.dll, netwrk.dll)
  • Setting up persistence†
  • Rebooting everything and making sure it has removed itself†.
This image has an empty alt attribute; its file name is RM3_Loader_Startup-1024x369.png
An overview of the second stage loader

These functions are summarised in the following schematic.‡

† In the 3009XX build above, a TA can decide to setup the loader as persistent itself, or remove the payload.

‡ Of course, the loader has more details than could be mentioned here, but the schematic shows the main concepts for a basic understanding.

RM3 Network beacons – Hiding the beast behind simple URIs

C&C beacon requests have been adjusted from the standard ISFB v2 ones, by simplifying the process with just two default URI. These URIs are dynamic fields that can be configured from the loader and client config. This is something that older strains are starting to follow since build 250172.

When it switches to the controller side, RM3 saves HTTPS POST requests performed by the users. These are then used to create fake but legitimate looking paths.

This image has an empty alt attribute; its file name is RM3_Dynamic_URI.png
Changing RM3 URI path dynamically

This ingenious trick makes RM3 really hard to catch behind the telemetry generated by the bot. To make short, whenever the user is browsing websites performing those specific requests, the malware is mimicking them by replacing the domain with the controller one.

https://<controler_domain>.tld/index.html                <- default
https://<controler_domain>.tld/search/wp-content/app <- timer cycle #1
https://<controler_domain>.tld/admin/credentials/home <- timer cycle #2
https://<controler_domain>.tld/operating/static/template/index.php <- timer cycle #3

If that wasn’t enough, the usual base64 beacons are now hidden as a data form and send by means of POST requests. When decrypted, these requests reveal this typical network communication.


The fields can be explained in as follows:

randomA mandatory randomised value
typeData format
softNetwork communication method
versionBuild of the RM3 banking malware
userUser seed
groupCampaign ID
idRM3 Data type
arcModule with specific architecture (0 =  i386 – 1= 86_x64)
sizeStolen data size
uptimeBot uptime
sysidMachine seed
osWindows version

Soft – A curious ISFB Field

ValueStage C&CNetwork CommunicationResponse Format
(< Build 300960)
Response Format
(Build 300960)
3Host (Loader)WinAPIBase64(RSA + Serpent)Base64(RSA + AES)
2Host (Loader)COMBase64(RSA + Serpent)Base64(RSA + AES)
1ControllerWinAPI/COMRSA + SerpentRSA + AES

ID – A field being updated RM3

Thanks to the source code leak, identifying the data type is not that complicated and can be determined from the field “id”

Бот отправляет на сервер файлы следующего типа и формата (тип данных задаётся параметром type в POST-запросе):
SEND_ID_UNKNOWN 0 - неизвестно, используется только для тестирования
SEND_ID_FORM 1 - данные HTML-форм. ASCII-заголовок + форма бинарном виде, как есть
SEND_ID_FILE 2 - любой файл, так шлются найденные по маске файлы
SEND_ID_AUTH 3 - данные IE Basic Authentication, ASCII-заголовок + бинарные данные
SEND_ID_CERTS 4 - сертификаты. Файлы PFX упакованые в CAB или ZIP.
SEND_ID_COOKIES 5 - куки и SOL-файлы. Шлются со структурой каталогов. Упакованы в CAB или ZIP
SEND_ID_SYSINFO 6 - информация о системе. UTF8(16)-файл, упакованый в CAB или ZIP
SEND_ID_SCRSHOT 7 - скриншот. GIF-файл.
SEND_ID_LOG 8 - внутренний лог бота. TXT-файл.
SEND_ID_FTP 9 - инфа с грабера FTP. TXT-файл.
SEND_ID_IM 10 - инфа с грабера IM. TXT-файл.
SEND_ID_KEYLOG 11 - лог клавиатуры. TXT-файл.
SEND_ID_PAGE_REP 12 - нотификация о полной подмене страницы TXT-файл.
SEND_ID_GRAB 13 - сграбленый фрагмент контента. ASCII заголовок + контент, как он есть

Over time, they have created more fields:

New CommandIDDescription
SEND_ID_CMD19Results from the CMD_RUN command
SEND_ID_CRASH21Crash dump
SEND_ID_ACC23Send credentials
SEND_ID_ANTIVIRUS24Send Antivirus info

Module list

Analysis indicates that any RM3 instance would have to include at least the following modules:

CRCModule NamePE FormatStageDescription
MZ1st stage RM3 loader
0xc535d8bfloader.dllPX2nd stage RM3 loader
MZRM3 Startup module hidden in the shellcode
0x8576b0d0bl.dllPXHostRM3 Background Loader
0x224c6c42explorer.dllPXHostRM3 Mastermind
0xd6306e08rt.dllPXHostRM3 Runtime DLL – RM3 WinAPI/COM Module
0x45a0fcd0netwrk.dllPXHostRM3 Network API
0xe6954637browser.dllPXControllerBrowser Grabber/HTTPS Interception
0x5f92dac2iexplore.dllPXControllerInternet explorer Hooking module
0x309d98fffirefox.dllPXControllerFirefox Hooking module
0x309d98ffmicrosoftedgecp.dllPXControllerMicrosoft Edge Hooking module (old one)
0x9eff4536chrome.dllPXControllerGoogle chrome Hooking module
0x7b41e687msedge.dllPXControllerMicrosoft Edge Hooking module (Chromium one)
0x27ed1635keylog.dllPXControllerKeylogging module
0x6bb59728mail.dllPXControllerMail Grabber module
0x1c4f452avnc.dllPXControllerVNC module
0x970a7584sqlite.dllPXControllerSQLITE Library required for some module
0xfe9c154bftp.dllPXControllerFTP module
0xd9839650socks.dllPXControllerSocks module
0x1f8fde6bcmdshell.dllPXControllerPersistent remote shell module

Additionally, more configuration files ( .ini ) are used to store all the critical information implemented in RM3. Four different files are currently known:


† CLIENT.INI is never intended to be seen in an RM3 binary, as it is intended to be received by the loader C&C (aka “the host”, based on its field name on configs). This is completely different from older ISFB strains, where the client.ini is stored in the client32.bin/client64.bin. So it means, if the loader c&c is offline, there is no option to get this crucial file

Moving this file is a clever move by the RM3 malware developers and the TAs using it as they have reduced the risk of having researcher bots in their ecosystem.

RM3 dependency madness

With client32.bin (from the more standard ISFB v2 form) technically not present itself but instead implemented as an accumulation of modules injected into a process, RM3 is drastically different from its predecessors. It has totally changed its micro-ecosystem by forcing all of its modules to interact with each other (except bl.dll) and as shown below.

This image has an empty alt attribute; its file name is RM3_Dependancies-1024x575.png
All interactions between RM3 modules

These changes also slow down any in-depth analysis, as they make it way harder to analyse as a standalone module.

This image has an empty alt attribute; its file name is RM3_Ordinal_Calls.png
External calls from other RM3 modules (8576b0d0 and e695437)

RM3 Module 101

Thanks to the startup module launched by start.ps1 in the registry, a hidden shell worker is plugged into explorer.exe (not the explorer.dll module) that initialises a hooking instance for specific WinAPI/COM calls. This allows the banking malware to inject all its components into every child process coming from that Windows process. This strategy permits RM3 to have total control of all user interactions.

This image has an empty alt attribute; its file name is RM3_Hook_Worker.png

(*) PoV = Point of View

Looking at DllMain, the code hasn’t changed that much in the years since the ISFB leak.

BOOL APIENTRY DllMain(HMODULE hModule, DWORD ul_reason_for_call, LPVOID lpReserved) {

Ret = 1;
if ( ul_reason_for_call ) {
if ( ul_reason_for_call == 1 && _InterlockedIncrement(&g_AttachCount) == 1 ) {
Status = ModuleStartup(hModule, lpReserved); // <- Main call
if ( Status ) {
Ret = 0;
else if ( !_InterlockedExchangeAdd(&g_AttachCount, 0xFFFFFFFF) ) {
return Ret;

It is only when we get to the ModuleStartup call that things start to become interesting. This code has been refactored and adjusted to the RM3 philosophy:

static WINERROR ModuleStartup(HMODULE hModule) {
RM3_Struct RM3;

// Need mandatory RM3 Struct Variable, that contains everything
// By calling an export function from BL.DLL
RM3 = bl!GetRM3Struct();

// Decrypting the .bss section
// CsDecryptSection is the supposed name based on ISFB leak
Status = bl!CsDecryptSection(hModule, 0);

if ( (gs_Cookie ^ RM3->dCrc32ExeName) == PROCESSNAMEHASH )
Status = Startup()


This adjustment is pretty similar in all modules and can be summarised as three main steps:

  • Requesting from bl.dll a critical global structure (called RM3_struct for the purpose of this article) which has the minimal requirements for running the injected code smoothly. The structure itself changes based on which module it is. For example, bl.dll mostly uses it for recreating values that seem to be part of the PEB (hypothesis); explorer.dll uses this structure for storing timeout values and browsers.dll uses it for RM3 injects configurations.
  • Decrypting the .bss section.
  • Entering into the checking routine by using an ingenious mechanism:
    • The filename of the child process is converted into a JamCRC32 hash and compared with the one stored in the startup function. If it matches, the module starts its worker routine, otherwise it quits.

These are a just a few particular cases, but the philosophy of the RM3 Module startup is well represented here. It is a simple and clever move for monitoring user interactions, because it has control over everything coming from explorer.exe.

bl.dll – The backbone of RM3

The background loader is almost nothing and everything at the same time. It’s the root of the whole RM3 infrastructure when it’s fully installed and configured by the initial loader. Its focus is mainly to initialise RM3_Struct and permits and provides a fundamental RM3 API to all other modules:

Ordinal    | Goal 
856b0d0_1 | bl!GetBuild
856b0d0_2 | bl!GetRM3Struct
856b0d0_3 | bl!WaitForSingleObject
856b0d0_4 | bl!GenerateRNG
856b0d0_5 | bl!GenerateGUIDName
856b0d0_6 | bl!XorshiftStar
856b0d0_7 | bl!GenerateFieldName
856b0d0_8 | bl!GenerateCRC32Checksum
856b0d0_9 | bl!WaitForMultipleObjects
856b0d0_10 | bl!HeapAlloc
856b0d0_11 | bl!HeapFree
856b0d0_12 | bl!HeapReAlloc
856b0d0_13 | bl!???
856b0d0_14 | bl!Aplib
856b0d0_15 | bl!ReadSubKey
856b0d0_16 | bl!WriteSubKey
856b0d0_17 | bl!CreateProcessA
856b0d0_18 | bl!CreateProcessW
856b0d0_19 | bl!GetRM3MainSubkey
856b0d0_20 | bl!LoadModule
856b0d0_21 | bl!???
856b0d0_22 | bl!OpenProcess
856b0d0_23 | bl!InjectDLL
856b0d0_24 | bl!ReturnInstructionPointer
856b0d0_25 | bl!GetPRNGValue
856b0d0_26 | bl!CheckRSA
856b0d0_27 | bl!Serpent
856b0d0_28 | bl!SearchConfigFile
856b0d0_29 | bl!???
856b0d0_30 | bl!ResolveFunction01
856b0d0_31 | bl!GetFunctionByIndex
856b0d0_32 | bl!HookFunction
856b0d0_33 | bl!???
856b0d0_34 | bl!ResolveFunction02
856b0d0_35 | bl!???
856b0d0_36 | bl!GetExplorerPID
856b0d0_37 | bl!PsSupSetWow64Redirection
856b0d0_40 | bl!MainRWFile
856b0d0_42 | bl!PipeSendCommand
856b0d0_43 | bl!PipeMainRWFile
856b0d0_44 | bl!WriteFile
856b0d0_45 | bl!ReadFile
856b0d0_50 | bl!RebootBlModule
856b0d0_51 | bl!LdrFindEntryForAddress
856b0d0_52 | bl!???
856b0d0_55 | bl!SetEAXToZero
856b0d0_56 | bl!LdrRegisterDllNotification
856b0d0_57 | bl!LdrUnegisterDllNotification
856b0d0_59 | bl!FillGuidName
856b0d0_60 | bl!GenerateRandomSubkeyName
856b0d0_61 | bl!InjectDLLToSpecificPID
856b0d0_62 | bl!???
856b0d0_63 | bl!???
856b0d0_65 | bl!???
856b0d0_70 | bl!ReturnOne
856b0d0_71 | bl!AppAlloc
856b0d0_72 | bl!AppFree
856b0d0_73 | bl!MemAlloc
856b0d0_74 | bl!MemFree
856b0d0_75 | bl!CsDecryptSection (Decrypt bss, real name from isfb leak source code)
856b0d0_76 | bl!CreateThread
856b0d0_78 | bl!GrabDataFromRegistry
856b0d0_79 | bl!Purge
856b0d0_80 | bl!RSA

explorer.dll – the RM3 mastermind

Explorer.dll could be regarded as the opposite of the background loader. It is designed to manage all interactions of this banking malware, at any level:

  • Checking timeout timers that could lead to drastic changes in RM3 operations
  • Allowing and executing all tasks that RM3 is able to perform
  • Starting fundamental grabbing features
  • Download and update modules and configs
  • Launch modules
  • Modifying RM3 URIs dynamically
This image has an empty alt attribute; its file name is RM3_Explorer_Overview-1024x293.png
An overview of the RM3 explorer.dll module

In the task manager worker, the workaround looks like the following:

This image has an empty alt attribute; its file name is RM3_Explorer_Tasks-1024x437.png
RM3 task manager implemented in explorer.dll

Interestingly, the RM3 developers abuse their own hash system (JAMCRC32) by shuffling hashes into very large amounts of conditions. By doing this, they create an ecosystem that is seemingly unique to each build. Because of this, it feels a major update has been performed on an RM3 module although technically it is just another anti-disassembly trick for greatly slowing down any in-depth analysis. On the other hand, this task manager is a gold mine for understanding how all the interactions between bots and the C&C are performed and how to filter them into multiple categories.

General command

General commands

0xdf43cd90CRASHGenerate and send a crash report
0x274323e2RESTARTRestart RM3
0xce54bcf5REBOOTReboot system


0x746ce763VIDEOStart desktop recording of the victim machine
0x8de92b0dSETVIDEOVIDEO pivot condition
0x54a7c26cSET_VIDEOPreparing desktop recording


0xb82d4140UPDATE_ALLForcing update for all module
0x4f278846LOAD_UPDATELoad & Execute and updated PX module


0xaaa425c4USETASKKEYUse task.bin pubkey for decrypting upcoming tasks

Timeout settings

0x955879a6SENDTIMEOUTTimeout timer for receiving commands
0xd7a003c9CONFIGTIMEOUTTimeout timer for receiving inject config updates
0x7d30ee46INITIMEOUTTimeout timer for receiving INI config update
0x11271c7fIDLEPERIODTimeout timer for bot inactivity
0x584e5925HOSTSHIFTTIMEOUTTimeout timer for switching C&C domain list
0x9dd1ccafSTANDBYTIMEOUTTimeout timer for switching primary C&C’s to Stand by ones
0x9957591RUNCHECKTIMEOUTTimeout timer for checking & run RM3 autorun
0x31277bd5TASKTIMEOUTTimeout timer for receiving a task request


0xe3289ecbCLEARCACHECLR_CACHE pivot condition
0xb9781fc7CLR_CACHEClear all browser cache
0xa23fff87CLR_LOGSClear all RM3 logs currently stored
0x213e71beDEL_CONFIGRemove requested RM3 inject config


0x754c3c76LOGHTTPIntercept & log POST HTTP communication
0x6c451cb6REMOVECSPRemove CSP headers from HTTP
0x97da04deMAXPOSTLENGTHClear all RM3 logs currently stored

Process execution

0x73d425ffNEWPROCESSInitialising RM3 routine


0x5e822676STANDBYCase condition if primary servers are not responding for X minutes

Data gathering

0x864b1e44GET_CREDSCollect credentials
0xdf794b64GET_FILESCollect files (grabber module)
0x2a77637aGET_SYSINFOCollect system information data

Main tasks

0x3889242LOAD_CONFIGDownload and Load a requested config with specific arguments
0xdf794b64GET_FILESDownload a DLL from a specific URL and load it into explorer.exe
0xae30e778LOAD_EXEDownload an executable from a specific URL and load it
0xb204e7e0LOAD_INIDownload and load an INI file from a specific URL
0xea0f4d48LOAD_CMDLoad and Execute Shell module
0x6d1ef2c6LOAD_FTPLoad and Execute FTP module with specific arguments
0x336845f8LOAD_KEYLOGLoad and Execute keylog module with specific arguments
0xdb269b16LOAD_MODULELoad and Execute RM3 PX Module with specific arguments
0x1e84cd23LOAD_SOCKSLoad and Execute socks module with specific arguments
0x45abeab3LOAD_VNCLoad and Execute VNC module with specific arguments

Shell command

0xb88d3fdfRUN_CMDExecute specific command and send the output to the C&C

URI setup

0x9c3c1432SET_URIChange the URI path of the request

File storage

0xd8829500STORE_GRABSave grabber content into temporary file
0x250de123STORE_KEYLOGSave keylog content into temporary file
0x863ecf42STORE_MAILSave stolen mail credentials into temporary file
0x9b587bc4STORE_HTTPLOGSave stolen http interceptions into temporary file
0x36e4e464STORE_ACCSave stolen credentials into temporary file

Timeout system

With its timeout values stored into its rm3_struct, explorer.dll is able to manage every possible worker task launched and monitor them. Then, whenever one of the timers reaches the specified value, it can modify the behaviour of the malware (in most cases, avoiding unnecessary requests that could create noise and so increase the chances of detection).

This image has an empty alt attribute; its file name is RM3_Task_Timeout_Manager.png
COM Objects being inspected for possible timeout

Backup controllers

In the same way, explorer.dll also provides additional controllers which are called ‘stand by’ domains. The idea behind this is that, when principal controller C&Cs don’t respond, a module can automatically switch to this preset list. Those new domains are stored in explorer.ini.

"STANDBY": "standbydns1.tld","standbydns2.tld"
"STANDBYTIMEOUT": "60" // Timeout in minutes

In the example above, if the primary domain C&Cs did not respond after one hour, the request would automatically switch to the standby C&Cs.

Desktop recording and RM3 – An ingenious way to check bots

Rarely mentioned in the wild but actively used by TAs, RM3 is also able to record bot interactions. The video setup is stored in the client.ini file, which the bot receives from the controller domain.

"30,", // 30 seconds
"8,", // 8 Level quality (min:1 - max:10)
"notipda" // Process name list

Behind “SETVIDEO”, only 3 values are required to setup video recording:

This image has an empty alt attribute; its file name is RM3_Video_Settings.png
RM3 AVI recording setup

After being initialised, the task waits its turn to be launched. It can be triggered to work in multiple ways:

  • Detecting the use of specific keywords in a Windows process
  • Using RM3’s increased debugging telemetry to detect if something is crashing, either in the banking malware itself or in a deployed injects (although the ability to detect crashes in an inject is only hypothetical and has not been observed)
  • Recording user interactions with a bank account; the ability to record video is a relatively new but killer move on the part of the malware developers allowing them to check legitimate bots and get injects

The ability to record video depends only on “@VIDEO=” being cached by the browser module. It is not primarily seen at first glance when examining the config, but likely inside external injects parts.

@ ISFB Code leak
Вкладка Video - запись видео с экрана

Opcode = "VIDEO"
Url - задает шаблон URL страницы, для которой необходмо сделать запись видео с экрана
Target - (опционально) задает ключевое слово, при наличии которого в коде страницы будет сделана запись
Var - задаёт длительность записи в секундах

This image has an empty alt attribute; its file name is RM3_Injects_Pivot.png
RM3 browser webinject module detecting if it needs to launch a recording session (or any other particular task).

RM3 and its remote shell module – a trump card for ransomware gangs

Banking malware having its own remote shell module changes the potential impact of infecting a corporate network drastically. This shell is completely custom to the malware and is specially designed. It is also significantly less detectable than other tools currently seen for starting lateral movement attacks due to its rarity. The combination of potentially much greater impact and lower detectability make this piece of code a trump card, particularly as they now look to migrate to a ransomware model.

Called cmdshell, this module isn’t exclusive to RM3 but has in fact, been part of ISFB since at least build v2.15. It has likely been of interest for TA groups in fields less focused on fraud since then. The inclusion of a remote shell obviously greatly increases the flexibility this malware family provides to its operators; but also, of course, makes it harder to ascertain the exact purpose of any one infection, or the motivation of its operators.

This image has an empty alt attribute; its file name is RM3_Cmdshell_Condition.png
Cmdshell module being launched by the RM3 Task Manager

After being executed by the task command “LOAD_CMD”, the injected module installs a persistent remote shell which a TA can use to perform any kind of command they want.

This image has an empty alt attribute; its file name is RM3_Cmdshell.png
RM3 cmdshell module creating the remote shell

As noted above, the inclusion of a shell gives great flexibility, but can certainly facilitate the work of at least two types of TA:

  • Fraudsters (if the VNC/SOCKS module isn’t working well, perhaps)
  • Malicious Red teams affiliated with ransomware gangs

It’s worth noting that this remote shell should not be confused with the RUN_CMD command. The RUN_CMD is used to instruct a bot to execute a simple command with the output saved and sent to the Controllers. It is also present as a simple condition:

This image has an empty alt attribute; its file name is RM3_RunCMD.png
RUN_CMD inside the RM3 Task Manager

Then following a standard I/O interaction:

This image has an empty alt attribute; its file name is RM3_RunCMD_Task.png
Executing task in cmd console and saving results into an archive

But both RM3’s remote shell and the RUN_CMD can be an entry point for pushing other specialised tools like Cobalt Strike, Mimikatz or just simple PowerShell scripts. With this kind of flexibility, the main limitation on the impact of this malware is any given TA’s level of skill and their imagination.

Task.key – a new weapon in RM3’s encryption paranoia

Implemented sometime around Q2 2020, RM3 decided to add an additional layer of protection in its network communications by updating the RSA public key used to encrypt communications between bot and controller domains.

They designed a pivot condition (USETASKKEY) that decides which RSA.KEY and TASK.KEY will be used for decrypting the content from the C&C depending of the command/content received. We believed this choice has been developed for breaking researcher for emulating RM3 traffic.

This image has an empty alt attribute; its file name is RM3_Usetaskkey.png
Extra condition with USETASKKEY to avoid using the wrong RSA pubkey

RM3 – A banking malware designed to debug itself

As we’ve already noted, RM3 represents a significant step change from previous versions of ISFB. These changes extend from major architecture changes down to detailed functional changes and so can be expected to have involved considerable development and probably testing effort, as well. Whether or not the malware developers found the troubleshooting for the RM3 variant more difficult than previously, they also took the opportunity to include a troubleshooting feature. If RM3 experiences any issues, it is designed to dump the relevant process and send a report to the C&C. It’s expected that this would then be reported to the malware developers and so may explain why we now see new builds appearing in the wild rather faster than we have previously.

The task is initialised at the beginning of the explorer module startup with a simple workaround:

  • Address of the MiniDumpWritDump function from dbghelp.dll is stored
  • The path of the temporary dump file is stored in C://tmp/rm3.dmp
  • All these values are stored into a designed function and saved into the RM3 master struct
This image has an empty alt attribute; its file name is RM3_Explorer_Crash_Setup.png
Crash dump being initialized and stored into the RM3 global structure

With everything now configured, RM3 is ready for two possible scenarios:

  • Voluntarily crashing itself with the command ‘CRASH’
  • Something goes wrong and so a specific classic error code triggers the function
This image has an empty alt attribute; its file name is RM3_Explorer_Crash.png
RM3 executing the crash dump routine

Stolen Data – The (old) gold mine

Gathering interesting bots is a skill that most banking malware TAs have decent experience with after years of fraud. And nowadays, with the ransomware market exploding, this expertise probably also permits them to affiliate more easily with ransom crews (or even to have exclusivity in some cases).

In general, ISFB (v2 and v3) is a perfect playground as it can be used as a loader with more advanced telemetry than classic info-stealers. For example, Vidar, Taurus or Raccoon Stealer can’t compete at this level. This is because the way they are designed to work as a one-shot process (and be removed from the machine immediately afterwards) makes them much less competitive than the more advanced and flexible ISFB. Of course, in any given situation, this does not necessarily mean they are less important than banking malware. And we should keep in mind the fact that the Revil gang bought the source code for the Kpot stealer and it is likely this was so they could develop their own loader/stealer.

RM3 can be split into three main parts in terms of the grabber:

  • Files/folders
  • Browser credential harvesting
  • Mail
This image has an empty alt attribute; its file name is RM3_Grabbing_Features.png
An overview of standard stealing feature developed by RM3

It’s worth noting that the mail module is an underrated feature that can provide a huge amount of information to a TA:

  • Many users store nearly everything in their email (including passwords and sensitive documents)
  • Mails can be stolen and resold to spammers for crafting legitimate mails with malicious attachments/links

Stealing/intercepting HTTP and HTTPS communication

RM3 implements an SSL Proxy and so is really effective at intercepting POST requests performed by the user. All of them are stored and sent every X minutes to the controllers.

This image has an empty alt attribute; its file name is RM3_SSL_Proxy.png
RM3 browser module initializing the SSL proxy interception
This image has an empty alt attribute; its file name is SSL_Proxy_Setup.png
RM3 SSL Proxy running on MsEdge

Whenever the user visits a website, part of the inject config will automatically replace strings or variables in the code (‘base’) with the new content (‘new_var’); this often includes a URL path from an inject C&C.

As if that wasn’t complicated enough, most of them are geofencedand it could be possible they manually allow the bot to get them (especially with the elite one). Indeed, this is another trick for avoiding analysts and researchers to get and report those scripts  that cost millions to financial companies.

This image has an empty alt attribute; its file name is RM3_Inject_Sample-1024x79.png
A typical inject entry in config.bin

A parser then modifies the variable ‘@ID@ and ‘@GROUP@’ to the correct values as stored in RM3_Struct and other structures relevant to the browsers.dll module.

This image has an empty alt attribute; its file name is RM3_Loading_Inject-1024x421.png
Browser inject module parsing config.bin and replacing with respective botid and groupid

System information gathering

Gathering system information is simple with RM3:

  • Manually (using a specific RUN_CMD command)
  • Requesting info from a bot with GET_SYSINFO

Indeed, GET_SYSINFO is known and regularly used by ISFB actors (both active strains)

net view
whoami /all
net localgroup administrators
net group "domain computers" /domain

TAs in general are spending a lot of time (or are literally paying people) to inspect bots for the stolen data they have gathered. In this regard, bots can be split into one of the following groups:

  • Home bots (personal accounts)
  • Researcher bots
  • Corporate bots (compromised host from a company)

Over the past 6 months, ISFB v2 has been seen to be extremely active in term of updates. One purpose of these updates has been to help TAs filter their bots from the loader side directly and more easily. This filtering is not a new thing at all, but it is probably of more interest (and could have a greater impact) for malicious operations these days. 

Microsoft Edge (Chromium) joining the targeted browser list

One critical aspect of any banking malware is the ability to hook into a browser so as to inject fakes and replacers in financial institution websites.

At the same time as the Task.key implementation, RM3 decided to implement a new browser in its targeted list: “MsEdge”. This was not random, but was a development choice driven by the sheer number of corporate computers migrating from Internet Explorer to Edge.

This image has an empty alt attribute; its file name is RM3_Msedge.png
RM3 MsEdge startup module

This means that 5 browsers are currently targeted:

  • Internet Explorer
  • Microsoft Edge (Original)
  • Microsoft Edge (Chromium)
  • Mozilla Firefox
  • Google Chrome

Currently, RM3 doesn’t seem to interact with Opera. Given Opera’s low user share and almost non-existent corporate presence, it is not expected that the development of a new module/feature for Opera would have an ROI that was sufficiently attractive to the TAs and RM3 developers. Any development and debugging would be time consuming and could delay useful updates to existing modules already producing a reliable return.

RM3 and its homemade forked SQLITE module

A lot of this blogpost has been dedicated to discussing the innovative design and features in RM3. But perhaps the best example of the attention to detail displayed in the design and development of this malware is the custom SQLITE3 module that is included with RM3. Presumably driven by the need to extract credentials data from browsers (and related tasks), they have forked the original SQLite3 source code and refactored it to work in RM3.

Using SQLite is not a new thing, of course, as it was already noted in the ISFB leak.

This image has an empty alt attribute; its file name is RM3_SQLITE3-1024x437.png

Interestingly, the RM3 build is based on the original 3.8.6 build and has all the features and functions of the original version.

This image has an empty alt attribute; its file name is RM3_SQLITE3_Build.png

Because the background loader (bl.dll) is the only module within RM3 technically capable of performing allocation operations, they have simply integrated “free”, “malloc”, and “realloc” API calls with this backbone module.

What’s new with Build 300960?

Goodbye Serpent, Hello AES!

Around mid-march, RM3 pushed a major update by replacing the Serpent encryption with the good old AES 128 CBC. All locations where Serpent encryption was used, have been totally reworked so as to work with AES.

This image has an empty alt attribute; its file name is RM3_AES_Code.png
AES 128 CBC implementation in RM3

RM3 C&C response also reviewed

Before build 300960, RM3 treated data received from controllers as described below. Information was split into two encrypted parts (a header and a body) which are treated differently:

  1. The encrypted head was decrypted with the public RSA key extracted from modules, to extract a Serpent key
  2. This Serpent key was then used to decrypt the encrypted data in the body (this is a different key from client.ini and loader.ini).

This was the setup before build 300960:

This image has an empty alt attribute; its file name is RM3_Serpent.png

Now, in the recently released 300960 build, with Serpent removed and AES implemented instead, the structure of the encrypted header has changed as indicated below:

The decrypted body data produced by this process is not in an entirely standard format. In fact, it’s compressed with the APlib library. But removing the first 0x14 bytes (or sometimes 0x4 bytes) and decompressing it, ensures that the final block is ready for analysis.

  • If it’s a DLL, it will be recognised with the PX format
  • If it’s web injects, it’s an archive that contains .sig files (that is, MAIN.SIG†)
  • If it’s tasks or config updates, these are in a classic raw ISFB config format

† SIG can probably be taken to mean ‘signature’

Changes in .ini files

Two fields have been added in the latest campaigns. Interestingly, these are not new RM3 features but old ones that have been present for quite some time.

    "SENDFGKEY": "0",    // Send Foreground Key
    "SUBDOMAINS": "0",  


IoCs – Campaign

00cd7319a42bbabd0c81a7e9817d2d5071738d5ac36b98b8ff9d7383c3d7e1ba - DE
a7007821b1acbf36ca18cb2ec7d36f388953fe8985589f170be5117548a55c57 - Italy
5ee51dfd1eb41cb6ce8451424540c817dbd804f103229f3ae1b645b320cbb4e8 - Australia/NZ 1
c7552fe5ed044011aa09aebd5769b2b9f3df0faa8adaab42ef3bfff35f5190aa - Australia/NZ 2
261c6f7b7e9d8fc808a4a9db587294202872b2a816b2b98516551949165486c8 - UK 1
2e0b219c5ac3285a08e126f11c07ea3ac60bc96d16d37c2dc24dd8f68c492a74 - UK 2
6818b6b32cb91754fd625e9416e1bc83caac1927148daaa3edaed51a9d04e864 - Worldwide ?

86b670d81a26ea394f7c0edebdc93e8f9bd6ce6e0a8d650e32a0fe36c93f0dee - GoziAT/ISFB RM2

IoCs – Modules

b15c3b93f8de40b745eb1c1df5dcdee3371ba08a1a124c7f20897f87f23bcd55  loader.exe (Build 300932)
ce4fc5dcab919ea40e7915646a3ce345a39a3f81c33758f1ba9c1eae577a5c35 loader.dll (Build 300932)

ba0e9cb3bf25516e2c1f0288e988bd7bd538d275373d36cee28c34dafa7bbd1f explorer.dll (Build 300932)
accb76e6190358760044d4708e214e546f87b1e644f7e411ba1a67900bcd32a1 bl.dll (Build 300932)
f90ed3d7c437673c3cfa3db8e6fbb3370584914def2c0c2ce1f11f90f199fb4f ntwrk.dll (Build 300932)
38c9aff9736eae6db5b0d9456ad13d1632b134d654c037fba43086b5816acd58 rt.dll (Build 300932)

2c7cdcf0f9c2930096a561ac6f9c353388a06c339f27f70696d0006687acad5b browser.dll (Build 300932)
34517a7c78dd66326d0d8fbb2d1524592bbbedb8ed6b595281f7bb3d6a39bc0a chrome.dll (Build 300932)
59670730341477b0a254ddbfc10df6f1fcd3471a08c0d8ec20e1aa0c560ddee4 firefox.dll (Build 300932)
d927f8793f537b94c6d2299f86fe36e3f751c94edca5cd3ddcdbd65d9143b2b6 iexplorer.dll (Build 300932)
199caec535d640c400d3c6b35806c74912b832ff78cb31fd90fe4712ed194b09 microsoftedgecp.dll (Build 300932)
13635b2582a11e658ab0b959611590005b81178365c12062e77274db1d0b4f0c msedge.dll (Build 300932)

65a1923e037bce4816ac2654c242921f3e3592e972495945849f155ca69c05e5 loader.dll (Build 300960)

d1f5ef94e14488bf909057e4a0d081ff18dd0ac86f53c42f53b12ea25cdcfe76 cmdshell.dll (Build 300869)
820faca1f9e6e291240e97e5768030e1574b60862d5fce7f6ba519aaa3dbe880 vnc.dll (Build 300869)

Shellcode – startup module – bss decrypted

Windows Security
bl.dll - bss decrypted
Microsoft Windows

explorer.dll – bss decrypted

indows Security
tasklist.exe /SVC
cmd /C "%s" >> %S0
net view
whoami /all
net localgroup administrators
net group "domain computers" /domain
reg.exe query "HKLM\SOFTWARE\Microsoft\Windows\CurrentVersion\Uninstall" /s
cmd /U /C "type %S0 > %S & del %S0"
echo -------- %u
%userprofile%\appdata\local\google\chrome\user data\default\cache
| "%s" | %u
Video: sec=%u, fps=%u, q=%u
%userprofile%\appdata\local\microsoft\edge\user data\default\cache
%PROGRAMFILES%\Mozilla Firefox
%u, 0x%x, "%S"
"%S", 0x%p, 0x%x
SOFTWARE\Microsoft\Windows NT\CurrentVersion

rt.dll – bss decrypted

Windows Security
attrib -h -r -s %%1
del %%1
if exist %%1 goto %u
del %%0
%02u-%02u-%02u %02u:%02u:%02u
rundll32 "%s",%S %s
cmd /C regsvr32 "%s"

netwrk.dll – bss decrypted

Windows Security
Content-Type: multipart/form-data; boundary=%s
Content-Type: application/octet-stream
Content-Disposition: form-data; name="%s"
; filename="%s"
Mozilla/5.0 (Windows NT %u.%u%s; Trident/7.0; rv:11.0) like Gecko
; Win64; x64

browser.dll – bss decrypted

Windows Security
gzip, deflate
HTTP/1.1 404 Not Found
Content-Length: 0
HTTP/1.1 503 Service Unavailable
Content-Length: 0
no-cache, no-store, must-revalidate
URL: %s
REF: %s
LANG: %s
USER: %s
:Microsoft Unified Security Protocol Provider
InitRecv %u, %s%s
CompleteRecv %u, %s%s
LoadUrl %u, %s
%PROGRAMFILES%\Mozilla Thunderbird
Software\Microsoft\Internet Explorer\IntelliForms\Storage2
type=%s, name=%s, address=%s, server=%s, port=%u, ssl=%s, user=%s, password=%s
SELECT origin_url, username_value, password_value FROM logins
default\login data
%userprofile%\appdata\local\google\chrome\user data
local state
Microsoft Primitive Provider
%userprofile%\appData\local\microsoft\edge\user data