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Silver Fox tax-themed phishing campaign delivering ABCDoor and ValleyRAT

Campaign
First reported
Last updated
Happening score
H score 39
1 unique sources, 2 articles

Summary

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Silver Fox is running a tax-themed phishing campaign that now targets India with Income Tax Department lures and delivers ValleyRAT (aka Winos 4.0). The campaign uses phishing emails, DLL hijacking, a ZIP/NSIS installer chain, and process injection into `explorer.exe` to install the malware and enable keylogging, credential harvesting, and defense evasion. The group is China-based and also uses related lure sites and installer infrastructure to track downloads and distribute ValleyRAT. The campaign matters because it shows a sustained, multi-stage delivery chain built for persistence and low-noise access.

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Timeline

  1. 04.05.2026 14:57 3 articles · 23d ago

    Silver Fox tax-phishing campaign delivers ABCDoor and ValleyRAT

    Initial Disclosure

    Silver Fox is linked to a tax-themed phishing campaign targeting organizations in Russia and India, using fake Income Tax Department of India notices and archive lures to deliver a modified RustSL loader, ValleyRAT (aka Winos 4.0), and the previously undocumented Python-based backdoor ABCDoor; the operation spans December 2025 to early February 2026, with more than 1,600 phishing emails flagged and the highest attack volume seen in India, Russia, and Indonesia across industrial, consulting, retail, and transportation organizations.

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