Emotet — Office (OLE) / .XLS malware analysis

Static analysis result for SHA-256 b5968e4cc17347fd…

MALICIOUS

Office (OLE) / .XLS

78.5 KB Created: 2015-06-05 18:19:34 Authoring application: Microsoft Excel First seen: 2022-05-15
MD5: 7721c6659539b80117f586614ee9a433 SHA-1: a2fab515e6e7b315e52a7bd842bce4065f757401 SHA-256: b5968e4cc17347fd05145553686e4f6cfad69183cbe579d1790e5b2fd005cc1c
200 Risk Score

Malware Insights

Emotet · confidence 95%

MITRE ATT&CK
T1059.005 Visual Basic T1204.002 Malicious File

The file is an Excel 4.0 macro-enabled spreadsheet. Heuristics indicate the presence of an Auto_Open macro and the use of dangerous formula APIs, specifically the RUN function. The macro sheet contains concatenated strings that reconstruct multiple URLs, suggesting the intent is to download and execute a second-stage payload. ClamAV detection confirms this as Emotet.

Heuristics 4

  • Excel 4.0 Auto_Open defined name critical OLE_XLM_AUTOOPEN_DEFINEDNAME
    oletools recovered an Auto_Open / Auto_Close entry from an Excel 4.0 macro sheet. The raw BIFF name can be tokenized or partially opaque to byte-string checks, but the recovered macro listing confirms the workbook has an XLM auto-execution entry.
  • XLM Auto_Open with dangerous formula APIs critical OLE_XLM_DANGEROUS_FN
    Excel 4.0 macro sheet contains an Auto_Open / Auto_Close entry and dangerous XLM formula APIs that can invoke programs, write files, or transfer control without VBA.
  • ClamAV: Xls.Downloader.Emotet-add2d22d2bc26dd0-9950243-0 critical CLAMAV_DETECTION
    ClamAV detected this file as malware: Xls.Downloader.Emotet-add2d22d2bc26dd0-9950243-0
  • 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.

Extracted artifacts 1

Files carved from inside the sample during analysis.

FilenameKindSourceSize
xlm_macros.txt
214b0200160a0a56c6b45537e99f08bf5e131e2710192ec67ed6ddfaa9428b75		 xlm-macro oletools.olevba.extract_all_macros (XLM macro listing) 6825 bytes

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