Malicious Office (OLE) / .XLS — malware analysis report

Static analysis result for SHA-256 b0995e558cfe8b45…

MALICIOUS

Office (OLE) / .XLS

243.3 KB Created: 1999-12-24 16:36:33 Authoring application: Microsoft Excel
MD5: 7cb3f031f797371ff5670b67c98cd478 SHA-1: c7f2ea31bf0ae64b62bf4bb1608eb44526864dd6 SHA-256: b0995e558cfe8b45bbca9294fe621289c56f6e029f76560be87893aca8560250
220 Risk Score

Malware Insights

MITRE ATT&CK
T1566.002 Spearphishing Attachment T1059.005 Visual Basic T1140 Deobfuscate or Reverse Engineer

The file is an Excel spreadsheet containing both VBA and XLM macros. The Workbook_Open VBA macro triggers a function that appears to implement a game-like interface. The presence of XOR-encoded strings and an appended executable payload suggests that the macro functionality is a lure or a loader for more malicious activity. The XLM macros are truncated, but their presence alongside VBA macros and an appended payload indicates a multi-stage attack. The primary intent appears to be obfuscating the execution of an appended payload.

Heuristics 6

  • XOR-encoded strings (key 0xFC) critical SC_XOR_ENCODED
    Found 4 Windows library/API name(s) XOR-encoded with single-byte key 0xFC: 'KERNEL32.DLL', 'LoadLibraryA', 'GetProcAddress', 'VirtualProtect'
  • OLE file has appended executable-looking payload bytes high OLE_APPENDED_PAYLOAD
    OLE compound file contains a large high-entropy region beyond the declared major streams and that region includes shellcode, PE, or loader API markers. This is a payload-carrier signal, not a specific CVE attribution by itself.
  • Workbook_Open macro high OLE_VBA_WBOPEN
    Workbook_Open macro
  • Suspicious extracted artifact high EXTRACTED_FILE_STATIC_TRIAGE
    One or more files extracted from inside this sample matched static suspicious-content checks such as script obfuscation, encoded payload blobs, packed data, or execution/download terms.
  • Excel 4.0 (XLM) macro sheet present medium OLE_XLM_AUTOOPEN
    Workbook contains an Excel 4.0 macro sheet sub-stream — XLM is rarely seen in modern legitimate workbooks and was a major Office malware vector during 2020-2022.
  • VBA macros detected medium OLE_VBA_MACROS
    Document contains VBA macro code

Extracted artifacts 2

Files carved from inside the sample during analysis.

FilenameKindSourceSize
xlm_macros.txt
c2d076a6e609a8b33579240c4c97ddb741702fb224c691665176231441d0ac2f
xlm-macro oletools.olevba.extract_all_macros (XLM macro listing) 17509 bytes
macros.bas
4c5fca5cd2dca389f1f56567bb14084df23340def0a9918060fc4a002f992750
vba-macro oletools.olevba.extract_macros (decoded VBA source) 27433 bytes
Detection
ClamAV: No threats found
Obfuscation or payload: likely
Carved artifact contains 30 Chr/ChrW string-construction calls.