Silver Fox Uses Weaponized VPN and App Installers to Deliver Atlas RAT

Summary
Researchers detail Silver Fox’s active campaign targeting Chinese-speaking users with trojanized app installers that deploy Atlas RAT, evade security controls, and disrupt security software. The report includes infrastructure and detection guidance.
Key points
- Eleven confirmed typosquatted domains impersonated VPN, messaging, video-conferencing, cryptocurrency, and other software brands to distribute malicious installers.
- The installers used a triple-nested Setup Factory chain and a stolen EV code-signing certificate to deliver a trojanized Autodesk binary alongside legitimate decoy software.
- The loader retrieved shellcode over raw TCP, reflectively loaded Atlas RAT in memory, and contacted bifa668[.]com on port 9899.
- Atlas RAT embeds PowerChell, hosting the .NET CLR to run PowerShell while bypassing AMSI, ETW, Constrained Language Mode, and script logging.
- The RAT can inject DLLs into WeChat, hijack RDP sessions, establish scheduled-task persistence, and terminate TCP connections used by several Chinese security products.
- Researchers identified 20 related RAT DLLs from November 2025 through March 2026, indicating an ongoing campaign; the report provides indicators and hunting recommendations.
Article Details
- Attack Vectors
- Typosquatted download sites impersonating trusted software brands distribute ZIP archives containing a triple-nested installer and trojanized payloads.
- The installer drops a trojanized Autodesk binary that decrypts its embedded configuration and downloads second-stage shellcode over raw TCP from bifa668.com:9899.
- A reflective PE loader maps the Atlas RAT DLL into memory; the RAT can also inject an operator-supplied DLL into WeChat.exe.
- The RAT hosts PowerShell through the .NET CLR inside its own process and disables AMSI, ETW, Constrained Language Mode, and ScriptBlock logging before executing commands.
- The RAT establishes persistence with a scheduled task under MicrosoftWindowsAppID and disrupts security products by terminating their TCP connections.
- Defensive Notes
- Block the listed delivery domains and C2 infrastructure; investigate outbound TCP connections on port 9899 and the reported SFuck beacon.
- Restrict software execution to approved directories, limit administrator privileges, and warn users against downloading applications from unofficial or recently registered domains.
- Hunt for the reported staging paths, configuration files, randomized executables under C:\Windows, and the DUC FABULOUS CO.,LTD certificate thumbprint.
- Monitor non-PowerShell processes loading System.Management.Automation.dll and investigate the PowerChell AppDomain name.
- Audit scheduled task creation under MicrosoftWindowsAppID and unexpected execution of tscon.exe.
Indicators of compromise
| Type | Indicator | Context |
|---|---|---|
| DOMAIN | app-zoom[.]com | Confirmed malicious delivery domain impersonating Zoom. |
| DOMAIN | bifa668[.]com | Atlas RAT C2 domain used for raw TCP communications on port 9899. |
| DOMAIN | eyy-eyy[.]com | Confirmed malicious delivery domain in the campaign. |
| DOMAIN | kefubao-pc[.]com | Confirmed malicious delivery domain impersonating KeFuBao. |
| DOMAIN | quickq-quickq[.]com | Confirmed malicious delivery domain impersonating QuickQ VPN. |
| DOMAIN | signal-signal[.]com | Confirmed malicious delivery domain impersonating Signal. |
| DOMAIN | telegrtam[.]com[.]cn | Confirmed malicious delivery domain impersonating Telegram. |
| DOMAIN | trezor-trezor[.]com | Confirmed malicious delivery domain impersonating Trezor. |
| DOMAIN | ultraviewer-cn[.]com | Confirmed malicious delivery domain impersonating UltraViewer. |
| DOMAIN | wwtalk-app[.]com | Confirmed malicious delivery domain impersonating WangWang. |
| DOMAIN | www-surfshark[.]com | Confirmed malicious delivery domain impersonating Surfshark VPN. |
| DOMAIN | www-teams[.]com | Confirmed malicious delivery domain impersonating Microsoft Teams. |
| IPV4 | 61[.]111[.]250[.]139 | A record for the Atlas RAT C2 domain bifa668.com. |
| SHA1 | 2c1d12f8bbe0827400a8440af74fffa8dcc8097c | Thumbprint of the stolen DUC FABULOUS CO.,LTD EV certificate used to sign the campaign installers. |
| SHA256 | 02401a2f2de8de15f00d637e555512fe3138c23e24ea1878f2cf2f647cf40b30 | Hash of the malicious campaign delivery archive quickq_setup.zip. |
| SHA256 | 0896f5171a25ab6263598bb501d11413ffbbef05b168ff71b8d54ee9b81103b6 | Hash of the malicious campaign delivery archive zoom_setup.zip. |
| SHA256 | 115a75d0ce595fc92f1acaa8b564c3f391325c34ddf34177c357a00306d6d216 | Hash of the malicious campaign delivery archive UltraViewer_setup_6.6_cn.zip. |
| SHA256 | 1ad1f7d11bb1e6183ce20403ede42e65dba17a6ab660883ea1446ad331d69302 | Hash of the malicious campaign delivery archive MSTeamsSetup.zip. |
| SHA256 | 3372ae716f20eedd3b7d77d08d7010e8424ca5cec781bde4fe3ec76d466cfe8f | Hash of the malicious campaign delivery archive telegrtam_setup.zip. |
| SHA256 | 42da0ad45bfe9b7f82247d780a32e128e0b00846fe76eea96250e3088f54909b | Hash listed for a standalone RAT executable from November 2025. |
| SHA256 | 49220c1046014c88720cceaf148ec83e3cd644e61fe339d1217f1a22ccf51614 | Hash of a Setup Factory launcher used in the malicious installer chain. |
| SHA256 | 49ef5e6e6257d082073e000f9a0129f289ed715a288e19cc32344dc054c54ca6 | Hash of the malicious campaign delivery archive signal_setup.zip. |
| SHA256 | 5841ad433ab199bb784a4d33fd629101d22de6e44dce0606c08b92f8b4709380 | Hash of a Setup Factory launcher used in the malicious installer chain. |
| SHA256 | 797e1b6b5c37fec6c7a4629ca2f60b922f2212cf11946ecc23b0ca2faf8e3b99 | Hash of the dropped bifa668.com configuration file containing Atlas RAT C2 settings. |
| SHA256 | 8009908c6c76a72e20e4020a9f9eb9e4d4203507f67a624ecf7f4ed672cf4b68 | Hash of the Atlas RAT DLL identified as SetupUi.dll / MainDll.dll. |
| SHA256 | 817295bf52e243fb8632529133ccd04820d58352efca5928f34c7248c7f1932d | Hash of the malicious campaign delivery archive wangwang_win_online.zip. |
| SHA256 | 8cecb015075094fe42d613a371480ba5f5813c931eb48eb7b893dac835172b37 | Hash of the shellcode payload captured from the C2 connection. |
| SHA256 | 97f2b246627cc7afe3ed524b63a846e30ee37c81143493ab70c30ee0568dde86 | Hash of the malicious campaign delivery archive eyy-yy2026_setup.zip. |
| SHA256 | 99c0e015c7b8d3df609b370ec3329be55c94797c92c24ec512f6546acdf1e246 | Hash of the malicious campaign delivery archive surfshark_setup.zip. |
| SHA256 | a481befbec1d49041202331cdbf01a3e9cda8f714b8cbdfb52c676c7a5d7bdf7 | Hash of a Setup Factory launcher used in the malicious installer chain. |
| SHA256 | d67545f666e89419c0ccd0346929b1906b46eb8b3cff2b94671c6d5755e81f3e | Hash listed for a standalone RAT executable from November 2025. |
| SHA256 | e3f04545fb59d2943a4a30cd1b6fa39cb36e1e803301ab2ca5fad2bca84f04dd | Hash of the malicious campaign delivery archive aicoin_setup.zip. |
| SHA256 | fa5d3a9eebf9310148e7b980fefa7bc3f3a8e8ee7a8d0bd21a057c54c5a47560 | Hash of Schools.exe, the trojanized loader that retrieves the second-stage payload. |
| SHA256 | fcc959730c9103d23975bbb41faf84a7f1dd75971f5baff9335bd9a346b0edee | Hash of the malicious campaign delivery archive KeFuBaoSetup.zip. |
MITRE ATT&CK
T1036.005 · Match Legitimate Resource Name or LocationThe loader retains Autodesk metadata and presents itself as an Autodesk component; RAT DLLs are also named to resemble executables.T1049 · System Network Connections DiscoveryA dedicated RAT thread enumerates active TCP connections with GetTcpTable2 before terminating connections associated with targeted security products.T1053.005 · Scheduled TaskThe RAT creates a scheduled task under MicrosoftWindowsAppID that runs at user logon.T1055.001 · Dynamic-link Library InjectionOn a C2 command, the RAT writes an operator-supplied DLL and uses VirtualAllocEx, WriteProcessMemory, and CreateRemoteThread to load it into WeChat.exe.T1057 · Process DiscoveryThe RAT enumerates processes to locate WeChat.exe for DLL injection.T1059.001 · PowerShellThe RAT hosts the .NET CLR and executes PowerShell scripts through the embedded PowerChell framework.T1070.004 · File DeletionThe malware launches a delayed command to delete its file using the 8.3 short path.T1071.001 · Web ProtocolsThe RAT has an HTTP fallback channel through WinINet for downloads and C2 traffic.T1095 · Non-Application Layer ProtocolThe loader and RAT communicate with C2 over raw TCP.T1105 · Ingress Tool TransferSchools.exe downloads the second-stage shellcode from bifa668.com over raw TCP.T1204.002 · Malicious FileVictims are lured into downloading and executing trojanized installers from fake software download sites.T1497.001 · System ChecksThe installer checks for Xen hypervisor signatures, and the RAT queries video-controller information for suspected VM detection and host fingerprinting.T1497.003 · Time Based ChecksThe Setup Factory runtime uses calculated waits to delay execution during its anti-analysis checks.T1553.002 · Code SigningCampaign installers carry a stolen valid Extended Validation code-signing certificate.T1562.001 · Disable or Modify ToolsPowerChell disables AMSI, ETW, Constrained Language Mode, and ScriptBlock logging; the RAT also disrupts security products' network connections.T1573.001 · Symmetric CryptographyAtlas RAT encrypts C2 packets with ChaCha20 using per-packet keys and nonces.T1620 · Reflective Code LoadingA reflective PE loader maps the Atlas RAT DLL into memory and invokes its export.
Threat Actors
Silver FoxAttributed to the campaign; the article states that Trend Micro tracks the group as Void Arachne.SwimSnakeNamed in the article as another tracking name for Silver Fox.UTG-Q-1000Named in the article as another tracking name for Silver Fox.Void ArachneThe article identifies Void Arachne as a name used by Trend Micro for Silver Fox.
Malware
Atlas RATA reflective PE loader within the shellcode maps the Atlas RAT DLL into memory and invokes it directly.AtlasAgentmutex pattern Global{K8A9C1D9-FUCK-AE99-CLOSE-<domain>}, positively identifies the payload as Atlas/AtlasAgent/AtlasCross RAT.AtlasCross RATGlobal{K8A9C1D9-FUCK-AE99-CLOSE-<domain>}, positively identifies the payload as Atlas/AtlasAgent/AtlasCross RAT.Gh0st RATThe group has a documented history of targeting Chinese-speaking populations through trojanized software, evolving its tooling from Gh0st RAT derivatives through ValleyRAT and Winos 4.0 to the current Atlas family.ValleyRATThe group has a documented history of targeting Chinese-speaking populations through trojanized software, evolving its tooling from Gh0st RAT derivatives through ValleyRAT and Winos 4.0 to the current Atlas family.Winos 4.0The group has a documented history of targeting Chinese-speaking populations through trojanized software, evolving its tooling from Gh0st RAT derivatives through ValleyRAT and Winos 4.0 to the current Atlas family.
Products
360 Total SecurityThe target list includes 360Tray.exe and 360Safe (360 Total Security), Huorong and HipsTray (Huorong Internet Security), kingsoft and kxetray (Kingsoft Antivirus), and QQPCMgr (QQ PC Manager).AutodeskVictims download ZIP archives containing a triple-nested Setup Factory installer that drops a trojanized Autodesk binary alongside a legitimate decoy application.Bitdefenderbdservicehost.exe (Bitdefender)Huorong Internet SecurityThe target list includes 360Tray.exe and 360Safe (360 Total Security), Huorong and HipsTray (Huorong Internet Security), kingsoft and kxetray (Kingsoft Antivirus), and QQPCMgr (QQ PC Manager).Kasperskyavpui.exe (Kaspersky)KefuBaokefubao-pc.com (KeFuBao, e-commerce)Kingsoft AntivirusThe target list includes 360Tray.exe and 360Safe (360 Total Security), Huorong and HipsTray (Huorong Internet Security), kingsoft and kxetray (Kingsoft Antivirus), and QQPCMgr (QQ PC Manager).Microsoft Teamsconfirmed delivery domains impersonating brands including Surfshark VPN, Signal, Telegram, Zoom, Microsoft Teams, and others.Nortonnissrv.exe (Norton/Microsoft Network Inspection)QQ PC Managertermination of connections from Chinese security products including 360 Safe, Huorong, Kingsoft, and QQ PC Manager, and persistent scheduled task creation under masqueraded Windows system paths with obfuscatedQuickQ VPNquickq-quickq.com (QuickQ VPN)Setup FactoryVictims download ZIP archives containing a triple-nested Setup Factory installer that drops a trojanized Autodesk binary alongside a legitimate decoy application.Signalapplications, with eleven confirmed delivery domains impersonating brands including Surfshark VPN, Signal, Telegram, Zoom, Microsoft Teams, and others.Surfshark VPNand e-commerce applications, with eleven confirmed delivery domains impersonating brands including Surfshark VPN, Signal, Telegram, Zoom, Microsoft Teams, and others.Telegramwith eleven confirmed delivery domains impersonating brands including Surfshark VPN, Signal, Telegram, Zoom, Microsoft Teams, and others.Trezortrezor-trezor.com (Trezor crypto wallet)UltraViewerultraviewer-cn.com (UltraViewer)WangWangwwtalk-app.com (WangWang)WeChatPost-compromise capabilities include targeted DLL injection into WeChat, RDP session hijacking through a bundled tscon.exe script, active TCP-level termination of connections from Chinese security products including 360Zoomwith eleven confirmed delivery domains impersonating brands including Surfshark VPN, Signal, Telegram, Zoom, Microsoft Teams, and others.