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July 6, 2023

How Darktrace Foiled QR Code Phishing

Explore Darktrace's successful detection of QR code phishing. Understand the methods used to thwart these sophisticated cyber threats.
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Alexandra Sentenac
Cyber Analyst
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06
Jul 2023

What is a QR Code?

Invented by a Japanese company in 1994 to label automobile parts, Quick Response codes, best known as QR codes, are rapidly becoming ubiquitous everywhere in the world. Their design, inspired by the board and black and white pieces of the game of Go, permits the storage of more information than regular barcodes and to access that information more quickly. The COVID-19 pandemic contributed to their increased popularity as it conveniently replaced physical media of all types for the purpose of content sharing. It is now common to see them in restaurant menus, plane tickets, advertisements and even in stickers containing minimal to no text pasted on lamp posts and other surfaces, enticing passers-by to scan its content. 

QR Code Phishing Attacks (Quishing)

Recently, threat actors have been identified using QR codes too to embed malicious URLs leading the unsuspecting user to compromised websites containing malware or designed to harvest credentials. In the past month, Darktrace has observed an increase in the number of phishing emails leveraging malicious QR codes for malware distribution and/or credential harvesting, a new form of social engineering attack labelled “Quishing” (i.e., QR code phishing).

Between June 13 and June 22, 2023, Darktrace protected a tech company against one such Quishing attack when five of its senior employees were sent malicious emails impersonating the company’s IT department. The emails contained a QR code that led to a login page designed to harvest the credentials of these senior staff members. Fortunately for the customer, Darktrace / EMAIL thwarted this phishing campaign in the first instance and the emails never reached the employee inboxes. 

Trends in Quishing Attacks

The Darktrace/Email team have noticed a recent and rapid increase in QR code abuse, suggesting that it is a growing tactic used by threat actors to deliver malicious payload links. This trend has also been observed by other security solutions [1] [2] [3] [4]. The Darktrace/Email team has identified malicious emails abusing QR codes in multiple ways. Examples include embedded image links which load a QR code and QR code images being delivered as attachments, such as those explored in this case study. Darktrace/Email is continually refining its detection of malicious QR codes and QR code extraction capabilities so that it can detect and block them regardless of their size and location within the email.   

Quishing Attack Overview

The attack consisted of five emails, each sent from different sender and envelope addresses, displayed common points between them. The emails all conveyed a sense of urgency, either via the use of words such as “urgent”, “now”, “required” or “important” in the subject field or by marking the email as high priority, thus making the recipient believe the message is pressing and requires immediate attention. 

Additionally, the subject of three of the emails directly referred to two factor authentication (2FA) enabling or QR code activation. Another particularity of these emails was that three of them attempted to impersonate the internal IT team of the company by inserting the company domain alongside strings, such as “it-desk” and “IT”, into the personal field of the emails. Email header fields like this are often abused by attackers to trick users by pretending to be an internal department or senior employee, thus avoiding more thorough validation checks. Both instilling a sense of urgency and including a known domain or name in the personal field are techniques that help draw attention to the email and maximize the chances that it is opened and engaged by the recipient. 

However, threat actors also need to make sure that the emails actually reach the intended inboxes, and this can be done in several ways. In this case, several tactics were employed. Two of the five emails were sent from legitimate sender addresses that successfully passed SPF validation, suggesting they were sent from compromised accounts. SPF is a standard email authentication method that tells the receiving email servers whether emails have been sent from authorized servers for a given domain. Without SPF validation, emails are more likely to be categorized as spam and be sent to the junk folder as they do not come from authorized sources.

Another of the malicious emails, which also passed SPF checks, used a health care facility company domain in the header-from address field but was actually sent from a different domain (i.e., envelope domain), which lowers the value of the SPF authentication. However, the envelope domain observed in this instance belonged to a company recently acquired by the tech company targeted by the campaign.

This shows a high level of targeting from the attackers, who likely hoped that this detail would make the email more familiar and less suspicious. In another case, the sender domain (i.e., banes-gn[.]com) had been created just 6 days prior, thus lowering the chances of there being open-source intelligence (OSINT) available on the domain. This reduces the chances of the email being detected by traditional email security solutions relying on signatures and known-bad lists.

Darktrace Detects Quishing Attack

Despite its novelty, the domain was detected and assessed as highly suspicious by Darktrace. Darktrace/Email was able to recognize all of the emails as spoofing and impersonation attempts and applied the relevant tags to them, namely “IT Impersonation” and “Fake Account Alert”, depending on the choice of personal field and subject. The senders of the five emails had no prior history or association with the recipient nor the company as no previous correspondence had been observed between the sender and recipient. The tags applied informed on the likely intent and nature of the suspicious indicators present in the email, as shown in Figure 1. 

Darktrace/Email UI
Figure 1: Email log overview page, displaying important information clearly and concisely. 

Quishing Attack Tactics

Minimal Plain Text

Another characteristic shared by these emails was that they had little to no text included in the body of the email and they did not contain a plain text portion, as shown in Figure 2. For most normal emails sent by email clients and most automated programs, an email will contain an HTML component and a text component, in addition to any potential attachments present. All the emails had one image attachment, suggesting the bulk of the message was displayed in the image rather than the email body. This hinders textual analysis and filtering of the email for suspicious keywords and language that could reveal its phishing intent. Additionally, the emails were well-formatted and used the logo of the well-known corporation Microsoft, suggesting some level of technical ability on the part of the attackers. 

Figure 2: Email body properties giving additional insights into the content of the email. 

Attachment and link payloads

The threat actors employed some particularly innovative and novel techniques with regards to the attachments and link payloads within these emails. As previously stated, all emails contained an image attachment and one or two links. Figure 3 shows that Darktrace/Email detected that the malicious links present in these emails were located in the attachments, rather than the body of the email. This is a technique often employed by threat actors to bypass link analysis by security gateways. Darktrace/Email was also able to detect this link as a QR code link, as shown in Figure 4.

Figure 3: Further properties and metrics regarding the location of the link within the email. 
Figure 4: Darktrace / EMAIL analyzes multiple metrics and properties related to links, some of which are detailed here. 

The majority of the text, as well as the malicious payload, was contained within the image attachment, which for one of the emails looked like this: 

example of quishing email
Figure 5: Redacted screenshot of the image payload contained in one of the emails. 

Convincing Appearance

As shown, the recipient is asked to setup 2FA authentication for their account within two days if they don’t want to be locked out. The visual formatting of the image, which includes a corporate logo and Privacy Statement and Acceptable Use Policy notices, is well balanced and convincing. The payload, in this case the QR code containing a malicious link, is positioned in the centre so as to draw attention and encourage the user to scan and click. This is a type of email employees are increasingly accustomed to receiving in order to log into corporate networks and applications. Therefore, recipients of such malicious emails might assume represents expected business activity and thus engage with the QR code without questioning it, especially if the email is claiming to be from the IT department.  

Malicious Redirection

Two of the Quishing emails contained links to legitimate file storage and sharing solutions Amazon Web Services (AWS) and and InterPlanetary File System (IPFS), whose domains are less likely to be blocked by traditional security solutions. Additionally, the AWS domain link contained a redirect to a different domain that has been flagged as malicious by multiple security vendors [5]. Malicious redirection was observed in four of the five emails, initially from well-known and benign services’ domains such as bing[.]com and login[.]microsoftonline[.]com. This technique allows attackers to hide the real destination of the link from the user and increase the likelihood that the link is clicked. In two of the emails, the redirect domain had only recently been registered, and in one case, the redirect domain observed was hosted on the new .zip top level domain (i.e., docusafe[.]zip). The domain name suggests it is attempting to masquerade as a compressed file containing important documentation. As seen in Figure 6, a new Darktrace/Email feature allows customers to safely view the final destination of the link, which in this case was a seemingly fake Microsoft login page which could be used to harvest corporate credentials.

Figure 6: Safe preview available from the Darktrace/Email Console showing the destination webpage of one of the redirect links observed.

Gathering Account Credentials

Given the nature of the landing page, it is highly likely that this phishing campaign had the objective of stealing the recipients’ credentials, as further indicated by the presence of the recipients’ email addresses in the links. Additionally, these emails were sent to senior employees, likely in an attempt to gather high value credentials to use in future attacks against the company. Had they succeeded, this would have represented a serious security incident, especially considering that 61% of attacks in 2023 involved stolen or hacked credentials according to Verizon’s 2023 data breach investigations report [6]. However, these emails received the highest possible anomaly score (100%) and were held by Darktrace/Email, thus ensuring that their intended recipients were never exposed to them. 

Looking at the indicators of compromise (IoCs) identified in this campaign, it appears that several of the IPs associated with the link payloads have been involved in previous phishing campaigns. Exploring the relations tab for these IPs in Virus Total, some of the communicating files appear to be .eml files and others have generic filenames including strings such as “invoice” “remittance details” “statement” “voice memo”, suggesting they have been involved in other phishing campaigns seemingly related to payment solicitation and other fraud attempts.

Figure 7: Virus Total’s relations tab for the IP 209.94.90[.]1 showing files communicating with the IP. 

Conclusion

Even though the authors of this Quishing campaign used all the tricks in the book to ensure that their emails would arrive unactioned by security tools to the targeted high value recipients’ inboxes, Darktrace/Email was able to immediately recognize the phishing attempts for what they were and block the emails from reaching their destination. 

This campaign used both classic and novel tactics, techniques, and procedures, but ultimately were detected and thwarted by Darktrace/Email. It is yet another example of the increasing attack sophistication mentioned in a previous Darktrace blog [7], wherein the attack landscape is moving from low-sophistication, low-impact, and generic phishing tactics to more targeted, sophisticated and higher impact attacks. Darktrace/Email does not rely on historical data nor known-bad lists and is best positioned to protect organizations from these highly targeted and sophisticated attacks.

References

[1] https://www.infosecurity-magazine.com/opinions/qr-codes-vulnerability-cybercrimes/ 

[2] https://www.helpnetsecurity.com/2023/03/21/qr-scan-scams/ 

[3] https://www.techtarget.com/searchsecurity/feature/Quishing-on-the-rise-How-to-prevent-QR-code-phishing 

[4] https://businessplus.ie/tech/qr-code-phishing-hp/ 

[5] https://www.virustotal.com/gui/domain/fistulacure.com

[6] https://www.verizon.com/business/en-gb/resources/reports/dbir/ ; https://www.verizon.com/business/en-gb/resources/reports/dbir/

[7] https://darktrace.com/blog/shifting-email-conversation 

Darktrace Model Detections 

Association models

No Sender or Content Association

New Sender

Unknown Sender

Low Sender Association

Link models

Focused Link to File Storage

Focused Rare Classified Links

New Unknown Hidden Redirect

High Risk Link + Low Sender Association

Watched Link Type

High Classified Link

File Storage From New

Hidden Link To File Storage

New Correspondent Classified Link

New Unknown Redirect

Rare Hidden Classified Link

Rare Hidden Link

Link To File Storage

Link To File Storage and Unknown Sender

Open Redirect

Unknown Sender Isolated Rare Link

Visually Prominent Link

Visually Prominent Link Unexpected For Sender

Low Link Association

Low Link Association and Unknown Sender

Spoof models

Fake Support Style

External Domain Similarities

Basic Known Entity Similarities

Unusual models

Urgent Request Banner

Urgent Request Banner + Basic Suspicious Sender

Very Young Header Domain

Young Header Domain

Unknown User Tracking

Unrelated Personal Name Address

Unrelated Personal Name Address + Freemail

Unusual Header TLD

Unusual Connection From Unknown

Unbroken Personal

Proximity models

Spam + Unknown Sender

Spam

Spam models

Unlikely Freemail Correspondence

Unlikely Freemail Personalization

General Indicators models

Incoming Mail Security Warning Message

Darktrace Model Tags

Credential Harvesting

Internal IT Impersonation

Multistage payload

Lookalike Domain

Phishing Link

Email Account Takeover

Fake Account Alert

Low Mailing History

No Association

Spoofing Indicators

Unknown Correspondent

VIP

Freemail

IoC - Type - Description & Confidence

fistulacure[.]com

domain

C2 Infrastructure

docusafe[.]zip

domain

Possible C2 Infrastructure

mwmailtec[.]com

domain

Possible C2 Infrastructure

czeromedia[.]com

domain

Possible C2 Infrastructure

192.40.165[.]109

IP address

Probable C2 Infrastructure

209.94.90[.]1

IP address

C2 Infrastructure

52.61.107[.]58

IP address

Possible C2 Infrastructure

40.126.32[.]133

IP address

Possible C2 Infrastructure

211.63.158[.]157

IP address

Possible C2 Infrastructure

119.9.27[.]129

IP address

Possible C2 Infrastructure

184.25.204[.]33

IP address

Possible C2 Infrastructure

40.107.8[.]107

IP address

Probable C2 Infrastructure

40.107.212[.]111

IP address

Possible Infrastructure

27.86.113[.]2

IP address

Possible C2 Infrastructure

192.40.191[.]19

IP address

Possible C2 Infrastructure

157.205.202[.]217

IP address

Possible C2 Infrastructure

a31f1f6063409ecebe8893e36d0048557142cbf13dbaf81af42bf14c43b12a48

SHA256 hash

Possible Malicious File

4c4fb35ab6445bf3749b9d0ab1b04f492f2bc651acb1bbf7af5f0a47502674c9

SHA256 hash

Possible Malicious File

f9c51d270091c34792b17391017a09724d9a7890737e00700dc36babeb97e252

SHA256 hash

Possible Malicious File

9f8ccfd616a8f73c69d25fd348b874d11a036b4d2b3fc7dbb99c1d6fa7413d9a

SHA256 hash

Possible Malicious File

b748894348c32d1dc5702085d70d846c6dd573296e79754df4857921e707c439

SHA256 hash

Possible Malicious File

Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Alexandra Sentenac
Cyber Analyst

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February 5, 2026

Darktrace Malware Analysis: Unpacking SnappyBee

darktace malware analysis snappybeeDefault blog imageDefault blog image

Introduction

The aim of this blog is to be an educational resource, documenting how an analyst can perform malware analysis techniques such as unpacking. This blog will demonstrate the malware analysis process against well-known malware, in this case SnappyBee.

SnappyBee (also known as Deed RAT) is a modular backdoor that has been previously attributed to China-linked cyber espionage group Salt Typhoon, also known as Earth Estries [1] [2]. The malware was first publicly documented by TrendMicro in November 2024 as part of their investigation into long running campaigns targeting various industries and governments by China-linked threat groups.

In these campaigns, SnappyBee is deployed post-compromise, after the attacker has already obtained access to a customer's system, and is used to establish long-term persistence as well as deploying further malware such as Cobalt Strike and the Demodex rootkit.

To decrease the chance of detection, SnappyBee uses a custom packing routine. Packing is a common technique used by malware to obscure its true payload by hiding it and then stealthily loading and executing it at runtime. This hinders analysis and helps the malware evade detection, especially during static analysis by both human analysts and anti-malware services.

This blog is a practical guide on how an analyst can unpack and analyze SnappyBee, while also learning the necessary skills to triage other malware samples from advanced threat groups.

First principles

Packing is not a new technique, and threat actors have generally converged on a standard approach. Packed binaries typically feature two main components: the packed data and an unpacking stub, also called a loader, to unpack and run the data.

Typically, malware developers insert a large blob of unreadable data inside an executable, such as in the .rodata section. This data blob is the true payload of the malware, but it has been put through a process such as encryption, compression, or another form of manipulation to render it unreadable. Sometimes, this data blob is instead shipped in a different file, such as a .dat file, or a fake image. When this happens, the main loader has to read this using a syscall, which can be useful for analysis as syscalls can be easily identified, even in heavily obfuscated binaries.

In the main executable, malware developers will typically include an unpacking stub that takes the data blob, performs one or more operations on it, and then triggers its execution. In most samples, the decoded payload data is loaded into a newly allocated memory region, which will then be marked as executable and executed. In other cases, the decoded data is instead dropped into a new executable on disk and run, but this is less common as it increases the likelihood of detection.

Finding the unpacking routine

The first stage of analysis is uncovering the unpacking routine so it can be reverse engineered. There are several ways to approach this, but it is traditionally first triaged via static analysis on the initial stages available to the analyst.

SnappyBee consists of two components that can be analyzed:

  • A Dynamic-link Library (DLL) that acts as a loader, responsible for unpacking the malicious code
  • A data file shipped alongside the DLL, which contains the encrypted malicious code

Additionally, SnappyBee includes a legitimate signed executable that is vulnerable to DLL side-loading. This means that when the executable is run, it will inadvertently load SnappyBee’s DLL instead of the legitimate one it expects. This allows SnappyBee to appear more legitimate to antivirus solutions.

The first stage of analysis is performing static analysis of the DLL. This can be done by opening the DLL within a disassembler such as IDA Pro. Upon opening the DLL, IDA will display the DllMain function, which is the malware’s initial entry point and the first code executed when the DLL is loaded.

The DllMain function
Figure 1: The DllMain function

First, the function checks if the variable fdwReason is set to 1, and exits if it is not. This variable is set by Windows to indicate why the DLL was loaded. According to Microsoft Developer Network (MSDN), a value of 1 corresponds to DLL_PROCESS_ATTACH, meaning “The DLL is being loaded into the virtual address space of the current process as a result of the process starting up or as a result of a call to LoadLibrary” [3]. Since SnappyBee is known to use DLL sideloading for execution, DLL_PROCESS_ATTACH is the expected value when the legitimate executable loads the malicious DLL.

SnappyBee then uses the GetModule and GetProcAddress to dynamically resolve the address of the VirtualProtect in kernel32 and StartServiceCtrlDispatcherW in advapi32. Resolving these dynamically at runtime prevents them from showing up as a static import for the module, which can help evade detection by anti-malware solutions. Different regions of memory have different permissions to control what they can be used for, with the main ones being read, write, and execute. VirtualProtect is a function that changes the permissions of a given memory region.

SnappyBee then uses VirtualProtect to set the memory region containing the code for the StartServiceCtrlDispatcherW function as writable. It then inserts a jump instruction at the start of this function, redirecting the control flow to one of the SnappyBee DLL’s other functions, and then restores the old permissions.

In practice, this means when the legitimate executable calls StartServiceCtrlDispatcherW, it will immediately hand execution back to SnappyBee. Meanwhile, the call stack now appears more legitimate to outside observers such as antimalware solutions.

The hooked-in function then reads the data file that is shipped with SnappyBee and loads it into a new memory allocation. This pattern of loading the file into memory likely means it is responsible for unpacking the next stage.

The start of the unpacking routine that reads in dbindex.dat.
Figure 2: The start of the unpacking routine that reads in dbindex.dat.

SnappyBee then proceeds to decrypt the memory allocation and execute the code.

The memory decryption routine.
Figure 3: The memory decryption routine.

This section may look complex, however it is fairly straight forward. Firstly, it uses memset to zero out a stack variable, which will be used to store the decryption key. It then uses the first 16 bytes of the data file as a decryption key to initialize the context from.

SnappyBee then calls the mbed_tls_arc4_crypt function, which is a function from the mbedtls library. Documentation for this function can be found online and can be referenced to better understand what each of the arguments mean [4].

The documentation for mbedtls_arc4_crypt.
Figure 4: The documentation for mbedtls_arc4_ crypt.

Comparing the decompilation with the documentation, the arguments SnappyBee passes to the function can be decoded as:

  • The context derived from 16-byte key at the start of the data is passed in as the context in the first parameter
  • The file size minus 16 bytes (to account for the key at the start of the file) is the length of the data to be decrypted
  • A pointer to the file contents in memory, plus 16 bytes to skip the key, is used as the input
  • A pointer to a new memory allocation obtained from VirtualAlloc is used as the output

So, putting it all together, it can be concluded that SnappyBee uses the first 16 bytes as the key to decrypt the data that follows , writing the output into the allocated memory region.

SnappyBee then calls VirtualProtect to set the decrypted memory region as Read + Execute, and subsequently executes the code at the memory pointer. This is clearly where the unpacked code containing the next stage will be placed.

Unpacking the malware

Understanding how the unpacking routine works is the first step. The next step is obtaining the actual code, which cannot be achieved through static analysis alone.

There are two viable methods to retrieve the next stage. The first method is implementing the unpacking routine from scratch in a language like Python and running it against the data file.

This is straightforward in this case, as the unpacking routine in relatively simple and would not require much effort to re-implement. However, many unpacking routines are far more complex, which leads to the second method: allowing the malware to unpack itself by debugging it and then capturing the result. This is the approach many analysts take to unpacking, and the following will document this method to unpack SnappyBee.

As SnappyBee is 32-bit Windows malware, debugging can be performed using x86dbg in a Windows sandbox environment to debug SnappyBee. It is essential this sandbox is configured correctly, because any mistake during debugging could result in executing malicious code, which could have serious consequences.

Before debugging, it is necessary to disable the DYNAMIC_BASE flag on the DLL using a tool such as setdllcharacteristics. This will stop ASLR from randomizing the memory addresses each time the malware runs and ensures that it matches the addresses observed during static analysis.

The first place to set a breakpoint is DllMain, as this is the start of the malicious code and the logical place to pause before proceeding. Using IDA, the functions address can be determined; in this case, it is at offset 10002DB0. This can be used in the Goto (CTRL+G) dialog to jump to the offset and place a breakpoint. Note that the “Run to user code” button may need to be pressed if the DLL has not yet been loaded by x32dbg, as it spawns a small process to load the DLL as DLLs cannot be executed directly.

The program can then run until the breakpoint, at which point the program will pause and code recognizable from static analysis can be observed.

Figure 5: The x32dbg dissassembly listing forDllMain.

In the previous section, this function was noted as responsible for setting up a hook, and in the disassembly listing the hook address can be seen being loaded at offset 10002E1C. It is not necessary to go through the whole hooking process, because only the function that gets hooked in needs to be run. This function will not be naturally invoked as the DLL is being loaded directly rather than via sideloading as it expects. To work around this, the Extended Instruction Pointer (EIP) register can be manipulated to point to the start of the hook function instead, which will cause it to run instead of the DllMain function.

To update EIP, the CRTL+G dialog can again be used to jump to the hook function address (10002B50), and then the EIP register can be set to this address by right clicking the first instruction and selecting “Set EIP here”. This will make the hook function code run next.

Figure 6: The start of the hookedin-in function

Once in this function, there are a few addresses where breakpoints should be set in order to inspect the state of the program at critical points in the unpacking process. These are:

-              10002C93, which allocates the memory for the data file and final code

-              10002D2D, which decrypts the memory

-              10002D81, which runs the unpacked code

Setting these can be done by pressing the dot next to the instruction listing, or via the CTRL+G Goto menu.

At the first breakpoint, the call to VirtualAlloc will be executed. The function returns the memory address of the created memory region, which is stored in the EAX register. In this case, the region was allocated at address 00700000.

Figure 7: The result of the VirtualAlloc call.

It is possible to right click the address and press “Follow in dump” to pin the contents of the memory to the lower pane, which makes it easy to monitor the region as the unpacking process continues.

Figure 8: The allocated memory region shown in x32dbg’s dump.

Single-stepping through the application from this point eventually reaches the call to ReadFile, which loads the file into the memory region.

Figure 9: The allocated memory region after the file is read into it, showing high entropy data.

The program can then be allowed to run until the next breakpoint, which after single-stepping will execute the call to mbedtls_arc4_crypt to decrypt the memory. At this point, the data in the dump will have changed.

Figure 10: The same memory region after the decryption is run, showing lower entropy data.

Right-clicking in the dump and selecting "Disassembly” will disassemble the data. This yields valid shell code, indicating that the unpacking succeeded, whereas corrupt or random data would be expected if the unpacking had failed.

Figure 11: The disassembly view of the allocated memory.

Right-clicking and selecting “Follow in memory map” will show the memory allocation under the memory map view. Right-clicking this then provides an option to dump the entire memory block to file.

Figure 12: Saving the allocated memory region.

This dump can then be opened in IDA, enabling further static analysis of the shellcode. Reviewing the shellcode, it becomes clear that it performs another layer of unpacking.

As the debugger is already running, the sample can be allowed to execute up to the final breakpoint that was set on the call to the unpacked shellcode. Stepping into this call will then allow debugging of the new shellcode.

The simplest way to proceed is to single-step through the code, pausing on each call instruction to consider its purpose. Eventually, a call instruction that points to one of the memory regions that were assigned will be reached, which will contain the next layer of unpacked code. Using the same disassembly technique as before, it can be confirmed that this is more unpacked shellcode.

Figure 13: The unpacked shellcode’s call to RDI, which points to more unpacked shellcode. Note this screenshot depicts the 64-bit variant of SnappyBee instead of 32-bit, however the theory is the same.

Once again, this can be dumped out and analyzed further in IDA. In this case, it is the final payload used by the SnappyBee malware.

Conclusion

Unpacking remains one of the most common anti-analysis techniques and is a feature of most sophisticated malware from threat groups. This technique of in-memory decryption reduces the forensic “surface area” of the malware, helping it to evade detection from anti-malware solutions. This blog walks through one such example and provides practical knowledge on how to unpack malware for deeper analysis.

In addition, this blog has detailed several other techniques used by threat actors to evade analysis, such as DLL sideloading to execute code without arising suspicion, dynamic API resolving to bypass static heuristics, and multiple nested stages to make analysis challenging.

Malware such as SnappyBee demonstrates a continued shift towards highly modular and low-friction malware toolkits that can be reused across many intrusions and campaigns. It remains vital for security teams  to maintain the ability to combat the techniques seen in these toolkits when responding to infections.

While the technical details of these techniques are primarily important to analysts, the outcomes of this work directly affect how a Security Operations Centre (SOC) operates at scale. Without the technical capability to reliably unpack and observe these samples, organizations are forced to respond without the full picture.

The techniques demonstrated here help close that gap. This enables security teams to reduce dwell time by understanding the exact mechanisms of a sample earlier, improve detection quality with behavior-based indicators rather than relying on hash-based detections, and increase confidence in response decisions when determining impact.

Credit to Nathaniel Bill (Malware Research Engineer)
Edited by Ryan Traill (Analyst Content Lead)

Indicators of Compromise (IoCs)

SnappyBee Loader 1 - 25b9fdef3061c7dfea744830774ca0e289dba7c14be85f0d4695d382763b409b

SnappyBee Loader 2 - b2b617e62353a672626c13cc7ad81b27f23f91282aad7a3a0db471d84852a9ac          

SnappyBee Payload - 1a38303fb392ccc5a88d236b4f97ed404a89c1617f34b96ed826e7bb7257e296

References

[1] https://www.trendmicro.com/en_gb/research/24/k/earth-estries.html

[2] https://www.darktrace.com/blog/salty-much-darktraces-view-on-a-recent-salt-typhoon-intrusion

[3] https://learn.microsoft.com/en-us/windows/win32/dlls/dllmain#parameters

[4] https://mbed-tls.readthedocs.io/projects/api/en/v2.28.4/api/file/arc4_8h/#_CPPv418mbedtls_arc4_cryptP20mbedtls_arc4_context6size_tPKhPh

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About the author
Nathaniel Bill
Malware Research Engineer

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February 4, 2026

The State of AI Cybersecurity 2026: Unveiling insights from over 1,500 security leaders

The State of AI Cybersecurity 2026Default blog imageDefault blog image

2025 was the year enterprise AI went mainstream. In 2026, it’s made its way into every facet of the organizational structure – transforming workflows, revolutionizing productivity, and creating new value streams. In short, it’s opened up a whole new attack surface.  

At the same time, AI has accelerated the pace of cybersecurity arms race on both sides: adversaries are innovating using the latest AI technologies at their disposal while defenders scramble to outmaneuver them and stay ahead of AI-powered threats.  

That’s why Darktrace publishes this research every year. The State of AI Cybersecurity 2026 provides an annual snapshot of how the AI threat landscape is shifting, where organizations are adopting AI to maximum advantage, and how they are securing AI in the enterprise.

What is the State of AI Cybersecurity 2026?

We surveyed over 1,500 CISOs, IT leaders, administrators, and practitioners from a range of industries and different countries to uncover their attitudes, understanding, and priorities when it comes to AI threats, agents, tools, and operations in 2026. ​

The results show a fast-changing picture, as security leaders race to navigate the challenges and opportunities at play. Since last year, there has been enormous progress towards maturity in areas like AI literacy and confidence in AI-powered defense, while issues around AI governance remain inconclusive.

Let’s look at some of the key findings for 2026.

What’s the impact of AI on the attack surface?

Security leaders are seeing the adoption of AI agents across the workforce, and are increasingly concerned about the security implications.

  • 44% are extremely or very concerned with the security implications of third-party LLMs (like Copilot or ChatGPT)
  • 92% are concerned about the use of AI agents across the workforce and their impact on security

The rapid expansion of generative AI across the enterprise is outpacing the security frameworks designed to govern it. AI systems behave in ways that traditional defenses are not designed to monitor, introducing new risks around data exposure, unauthorized actions, and opaque decision-making as employees embed generative AI and autonomous agents into everyday workflows.  

Their top concerns? Sensitive data exposure ranks top (61%), while regulatory compliance violations are a close second (56%). These risks tend to have the fastest and most material fallout – ranging from fines to reputational harm – and are more likely to materialize in environments where AI governance is still evolving.

What’s the impact of AI on the cyber threat landscape?

AI is now being used to expedite every stage of the attack kill chain – from initial intrusion to privilege escalation and data exfiltration. 

“73% say that AI-powered threats are already having a significant impact on their organization.”

With AI, attackers can launch novel attacks at scale, and this is significantly increasing the number of threats requiring attention by the security team – often to the point of overwhelm.  

Traditional security solutions relying on historical attack data were never designed to handle an environment where attacks continuously evolve, multiply, and optimize at machine speed, so it’s no surprise that 92% agree that AI-powered cyber-threats are forcing them to significantly upgrade their defenses.

How is AI reshaping cybersecurity operations?

Cybersecurity workflows are still in flux as security leaders get used to the integration of AI agents into everyday operations.  

“Generative AI is now playing a role in 77% of security stacks.” But only 35% are using unsupervised machine learning.

AI technologies are diverse, ranging from LLMs to NLP systems, GANs, and unsupervised machine learning, with each type offering specific capabilities and facing particular limitations. The lack of familiarity with the different types of AI used within the security stack may be holding some practitioners back from using these new technologies to their best advantage.  

It also creates a lack of trust between humans and AI systems: only 14% of security professionals allow AI to take independent remediation actions in the SOC with no human in the loop.

Another new trend for this year is a strong preference (85%) for relying on Managed Security Service Providers (MSSPs) for SOC services instead of in-house teams, as organizations aim to secure expert, always-on support without the cost and operational burden of running an internal operation.

What impact is AI having on cybersecurity tools?

“96% of cybersecurity professionals agree that AI can significantly improve the speed and efficiency with which they work.”

The capacity of AI for augmenting security efforts is undisputed. But as vendor AI claims become far-reaching, it falls to security leaders to clarify which AI tools offer true value and can help solve their specific security challenges.  

Security professionals are aligned on the biggest area of impact: 72% agree that AI excels at detecting anomalies thanks to its advanced pattern recognition. This enables it to identify unusual behavior that may signal a threat, even when the specific attack has never been encountered or recorded in existing datasets.  

“When purchasing new security capabilities, 93% prefer ones that are part of a broader platform over individual point products.”

Like last year, the drive towards platform consolidation remains strong. Fewer vendors can mean tighter integrations, less console switching, streamlined management, and stronger cross-domain threat insights. The challenge is finding vendors that perform well across the board.

See the full report for more statistics and insights into how security leaders are responding to the AI landscape in 2026.

Learn more about securing AI in your enterprise.

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