MALICIOUS
210
Risk Score
Malware Insights
MITRE ATT&CK
T1059.005 Visual Basic
T1059.001 PowerShell
T1059.003 Windows Command Shell
T1204.002 Malicious File
This XLSM file contains Excel 4.0 macros that utilize dangerous API calls like CALL and RETURN. The VBA script, specifically the `VDecso` function, appears to be designed to decode and execute a command. The `CALL` function in the XLM sheet is used to execute `regsvr` with a constructed command line, indicating an attempt to download and run a payload. The presence of hidden sheets and the use of ActiveX events further suggest a malicious intent to conceal and execute code.
Heuristics 6
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VBA ActiveX event runs worksheet-decoded XLM formulas critical OLE_VBA_ACTIVEX_XLM_CELL_STAGERVBA code attached to an ActiveX/UserForm event reconstructs formula text from worksheet constants using Split/Replace/Mid or character shifting, then executes it through ExecuteExcel4Macro or Run. This is a high-confidence malware stager that hides XLM formula execution in sheet cells; it is not a document-parser CVE.
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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.
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Dangerous XLM formula APIs: CALL, RETURN critical OOXML_XLM_DANGEROUS_FNExcel 4.0 macro sheet uses formula APIs that call directly into Win32 (=CALL/=EXEC/=REGISTER/=FORMULA). These are the primitives used to download payloads, write files, and start processes from an XLM macro without invoking VBA.
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VBA project inside OOXML medium OOXML_VBADocument contains vbaProject.bin — VBA macros present
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Hidden worksheet (hidden) low OOXML_HIDDEN_SHEETExcel workbook contains 1 hidden sheet(s) — hidden sheets are commonly used to conceal macro code, staging data, or intermediate payload construction
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Embedded URL info EMBEDDED_URLOne or more URLs were extracted from the document. The URL itself is not a detection — see the per-URL labels for which channel (macro, JS, link annotation, document body, ...) reached each URL.URL http://schemas.openxmlformats.org/spreadsheetml/2006/main
- http://schemas.microsoft.com/office/excel/2006/main
- http://schemas.openxmlformats.org/officeDocument/2006/relationships
- http://schemas.openxmlformats.org/markup-compatibility/2006
- http://schemas.microsoft.com/office/spreadsheetml/2009/9/ac
Extracted artifacts 4
Files carved from inside the sample during analysis.
| Filename | Kind | Source | Size |
|---|---|---|---|
macros.bas5ab6aa30ba0311b6d8e37f1685a6299796906b88954fb7aea44ebbe46585993e |
vba-macro | oletools.olevba.extract_macros (decoded VBA source from OOXML) | 1753 bytes |
vbaProject_00.bin173e0809de1f248d97677959b33b31fc7d35b0060269fed0ae53f8f74d92482a |
vba-project | OOXML VBA project: xl/vbaProject.bin | 18432 bytes |
emf_00.emf1f4b6aac9bcc91d9dad450240727fa7c7cec78eea965f7cfcef298fbb000c2f8 |
ooxml-emf | OOXML EMF part: xl/media/image1.emf | 1976 bytes |
xlm_sheet_00.xml72c739fd39ccb7885e2deb9eec4906e8d80a8c3ab1e6a055edc6dff1da30a7d2 |
xlm-macrosheet | OOXML XLM macro sheet: xl/macrosheets/sheet1.xml | 1204 bytes |
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