MALICIOUS
120
Risk Score
Malware Insights
MITRE ATT&CK
T1059.005 Visual Basic
T1203 Exploitation for Client Execution
The file is an Excel spreadsheet containing Excel 4.0 macros. These macros are designed to reassemble a payload and execute it using 'mshta C:\ProgramData\excel.rtf'. This indicates the file's purpose is to download and execute a secondary malicious payload.
Heuristics 2
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Excel 4.0 macro sheet (1 sheet(s)) critical OOXML_XLM_MACROSHEETSpreadsheet 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.
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XLM payload reassembled from CHAR()/split formulas critical OOXML_XLM_REASSEMBLED_PAYLOADAn 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.
Extracted artifacts 1
Files carved from inside the sample during analysis.
| Filename | Kind | Source | Size |
|---|---|---|---|
xlm_sheet_00.binc2ef92769e83bc07aecd4f98e20882c7f7925e5d0185bb22f8baa350adb506e7 |
xlm-macrosheet | OOXML XLM macro sheet: xl/macrosheets/sheet1.bin | 564426 bytes |
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