Qbot — Office (OOXML) / .XLSX malware analysis

Static analysis result for SHA-256 020d965932bfdc65…

MALICIOUS

Office (OOXML) / .XLSX

23.6 KB Created: 2006-09-16 00:00:00 UTC Authoring application: Microsoft Excel 14.0300
MD5: 0e6faf38b73f402d800101b94cd5d949 SHA-1: 8fd34793f0df090890324290abf6b9e9aa60c404 SHA-256: 020d965932bfdc65e3e3ab3b40c42e38ab29e5d5aab1a098734bf882eb54b4d5
240 Risk Score

Malware Insights

Qbot · confidence 95%

MITRE ATT&CK
T1059.005 Visual Basic T1204.002 Malicious File T1105 Ingress Tool Transfer

The file is an Excel 4.0 macro-enabled spreadsheet. Heuristics indicate the presence of WinAPI and download strings within the XLM macro sheet, specifically mentioning URLDownloadToFileA and ShellExecuteA. This suggests the macro is designed to download and execute a second-stage payload, consistent with Qbot dropper behavior.

Heuristics 4

  • Excel 4.0 macro sheet (1 sheet(s)) critical OOXML_XLM_MACROSHEET
    Spreadsheet contains an Excel 4.0 (XLM) macro sheet — XLM was a major Office malware vector during 2020-2022 and evaded many VBA-focused controls before Microsoft tightened XLM defaults. Even legitimate XLM use is rare in modern workbooks. The macro sheet is stored as XLSB/BIFF12 binary content, which many XML-only OOXML scanners miss.
  • Binary XLM macro sheet with WinAPI/download strings critical OOXML_XLM_BINARY_WINAPI_STRINGS
    Excel 4.0 macro sheet is stored as BIFF12/XLSB binary data and contains Win32 download or process-execution API strings such as URLDownloadToFileA, ShellExecuteA, or CreateDirectoryA. These strings are high-signal in XLM macro sheets and catch payload-download macros that XML-formula scanners cannot parse.
  • XLM payload reassembled from CHAR()/split formulas critical OOXML_XLM_REASSEMBLED_PAYLOAD
    An Excel 4.0 macro sheet builds its payload inside the formula token stream by concatenating per-character CHAR() calls and string fragments, so no WinAPI name, shell command, or URL is ever contiguous in the .bin for a literal-bytes scan to find. Reassembling the formulas recovered download/execute API names, LOLBin commands (regsvr32/rundll32/mshta/wmic/powershell), or a payload URL — the de-obfuscated download-and-run kill chain.
  • ClamAV: Xls.Dropper.QbotDocu12020-9818439-0 critical CLAMAV_DETECTION
    ClamAV detected this file as malware: Xls.Dropper.QbotDocu12020-9818439-0

Extracted artifacts 1

Files carved from inside the sample during analysis.

FilenameKindSourceSize
xlm_sheet_00.bin
581964282792c79e613320e827a7b43dd0b0bd59b511ea08bac1e7be04d2efb4		 xlm-macrosheet OOXML XLM macro sheet: xl/macrosheets/sheet1.bin 27387 bytes

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