Malware Insights
The sample is an Excel 4.0 macro-enabled spreadsheet designed to trick users into enabling macros, as indicated by the 'SE_ENABLE_LURE' heuristic and the document body content. The VBA script contains a call to URLDownloadToFile, which is used to download a file from a remote URL. The script reconstructs the URL as 'http://' + Sheets("Files").Range("B60"), and the DOC BODY lists several potential URLs. The presence of XLM Auto_Open with dangerous functions like RUN further supports its malicious intent to execute arbitrary code. The primary goal appears to be downloading and executing a second-stage payload.
Heuristics 7
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Reference to URLDownloadToFile API critical SC_STR_URLDOWNLOADReference to URLDownloadToFile API
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Excel 4.0 Auto_Open defined name critical OLE_XLM_AUTOOPEN_DEFINEDNAMEoletools 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.
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XLM Auto_Open with dangerous formula APIs critical OLE_XLM_DANGEROUS_FNExcel 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.
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URLDownloadToFile in VBA critical OLE_VBA_DOWNLOADURLDownloadToFile in VBA
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Excel 4.0 (XLM) macro sheet present medium OLE_XLM_AUTOOPENWorkbook 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.
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VBA macros detected medium OLE_VBA_MACROSDocument contains VBA macro code
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Macro/content-enable lure medium SE_ENABLE_LUREDocument instructs the user to enable macros or editing — a common technique used by malware droppers to bypass Office macro security settings
Extracted artifacts 2
Files carved from inside the sample during analysis.
| Filename | Kind | Source | Size |
|---|---|---|---|
xlm_macros.txt2a1c7329c4c8792c67abecd81ffa3d95e2243efca26ae8a7b4838634109595bd |
xlm-macro | oletools.olevba.extract_all_macros (XLM macro listing) | 5046 bytes |
macros.basaa55a18a3f33259e345c5e53649ac5f2f1d89d5667b734f6c8f841105e5741f2 |
vba-macro | oletools.olevba.extract_macros (decoded VBA source) | 1692 bytes |
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