Qbot — Office (OOXML) / .XLSX malware analysis

Static analysis result for SHA-256 5d5cf3ec520e32b9…

MALICIOUS

Office (OOXML) / .XLSX

23.6 KB Created: 2006-09-16 00:00:00 UTC Authoring application: Microsoft Excel 14.0300
MD5: 44a3a3144ca30140e0c22a3a518e0b70 SHA-1: ff17d1bee67bbb60f631eebed06ded4a702e9578 SHA-256: 5d5cf3ec520e32b93955bfcc135348aecb7afd7c871398171662c46d9d0f0d89
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 contains Excel 4.0 macros, identified by critical heuristics as containing WinAPI and download strings such as URLDownloadToFileA and ShellExecuteA. These macros are designed to download and execute a second-stage payload, consistent with Qbot dropper behavior. The use of CHAR() and split formulas to reassemble the payload indicates a deliberate attempt to obfuscate the malicious content.

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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