Latrodectus Rapid Evolution Continues With Latest New Payload Features By Leandro Fróes Published: 2024-08-29 · Archived: 2026-04-05 15:03:36 UTC Summary Latrodectus is a downloader first discovered by Walmart back in October of 2023. The malware became very famous due to its similarities with the famous IcedID malware, not only in the code itself but also the infrastructure, as previously reported by Proofpoint and Team Cymru S2.  The malware is usually delivered via email spam campaigns conducted by two specific threat actors: TA577 and TA578. Among the several features it contains is the ability to download and execute additional payloads, collect and send system information to the C2, terminate processes, and more. In July of 2024 Latrodectus was also observed being delivered by a BRC4 badger. During the Threat Labs hunting activities we discovered a new version of the Latrodectus payload, version 1.4. The malware updates include a different string deobfuscation approach, a new C2 endpoint, two new backdoor commands, and more. In this blog, we will focus on the features added/updated in this new version. JavaScript file analysis The first payload of the infection chain is a JavaScript file obfuscated using a similar approach used by other Latrodectus campaigns. The obfuscation technique is employed by adding several comments into the file, making it more difficult to be analyzed as well as increasing the file size considerably. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 1 of 21 The relevant code is present in between the junk comments and once removed from the file we can see the code that would be executed. The malware searches for lines starting with the “/////” string, puts them into a buffer and executes them as a JS function. The executed function then downloads an MSI file from a remote server and executes/installs it. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 2 of 21 MSI file analysis Once executed/installed, the MSI file uses the rundll32.exe Windows tool to load a DLL named “nvidia.dll” and calls a function named “AnselEnableCheck” exported by this DLL. The malicious DLL is stored inside a CAB file named “disk1”, present in the MSI file itself: https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 3 of 21 https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 4 of 21 Crypter analysis As an attempt to obfuscate the main payload, the “nvidia.dll” file uses a crypter named Dave. This crypter has been around for a long time and was used in the past by other malware such as Emotet, BlackBasta, and previous versions of Latrodectus. The crypter stores the payload to be executed either in a resource or in a section. In the analyzed sample, the payload is stored in a section named “V+N”. The steps used to deobfuscate, load, and execute the final payload are rather simple. The malware moves a key into the stack and resolves the Windows API functions VirtualAlloc, LoadLibrary, and GetProcAddress. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 5 of 21 It then allocates memory using the VirtualAlloc function and performs a multi-byte XOR operation against the data in the mentioned section using the previously set key and the result of the operation is the final payload. The next steps involve aligning the payload in memory and calling its main function. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 6 of 21 https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 7 of 21 Since the crypter first copies the original payload to the allocated memory before the other steps are performed, one could simply dump the content of the first allocated memory and obtain the final payload. A script to statically unpack/deobfuscate Latrodectus payloads using Dave crypter can be found here. The final payload is a DLL and its DllMain function is called by the crypter code. The next step is the execution of the “AnselEnableCheck” exported function, which is responsible for the execution of the final payload.  When looking at the final payload we notice it has multiple exported functions, though since all of them have the same RVA it doesn’t matter which one is called. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 8 of 21 https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 9 of 21 Latrodectus DLL analysis Since the general features of the main payload were already described in the past by other researchers, the following sections will focus on the updates employed by the new Latrodectus version. String obfuscation Unlike the previous versions that used an XOR operation to deobfuscate its strings, the updated version uses AES256 in CTR mode. The AES key is hardcoded in the deobfuscation function itself and the IV changes for each string to be decrypted. The key used in the analyzed samples is “d623b8ef6226cec3e24c55127de873e7839c776bb1a93b57b25fdbea0db68ea2”. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 10 of 21 The deobfuscation function receives two parameters. The first one is a chunk of data and the second an output buffer. The chunk of data is used to store information used to decrypt the string and follows the format below: String length: 2 bytes IV: 16 bytes Encrypted string: Size specified in the first field One thing to notice is that sometimes there will be extra bytes after the encrypted string content. The following image is an example of this data chunk: https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 11 of 21 Campaign ID In the current malware version, the campaign ID generation function continues to use the same approach where an input string is hashed using the FNV algorithm. However, a new input string “Wiski” was used, resulting in the hash 0x24e7ce9e as the campaign ID. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 12 of 21 https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 13 of 21 C2 communication For its initial communication with the C2 server, Latrodectus collects a lot of information from the infected system such as the username, OS version and the MAC address. The information is formatted using a specific pattern, encrypted using the RC4 algorithm, encoded using base64 and sent to the C2. The RC4 keys found in the analyzed samples were “2sDbsEUXvhgLOO4Irt8AF6el3jJ0M1MowXyao00Nn6ZUjtjXwb” and “kcyBA7IbADOhw5ztcv09vmF8GYmR38eu7OGdfD7pyRelTPKH1G”.  During the data formatting we are able to flag the version number 1.4 being set. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 14 of 21 The information is sent in the HTTP body via an HTTP POST request. The endpoint used in the new variants is “/test” instead of “/live” as observed in previous versions. Although a very weak indicator the usage of this specific endpoint might indicate that this is a test version of the malware. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 15 of 21 Commands In version 1.4 Latrodectus has introduced two new commands to its payload: command ID 22 and 25. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 16 of 21 Command 0x16 In this command the malware downloads a shellcode from the specified server and executes it via a new thread. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 17 of 21 The difference between this command and command 14 is that a function that performs base64 encoding is passed as a parameter to the shellcode itself. The address of the base64 function is stored in a mapped file view named “12345”. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 18 of 21 Command 0x19 In this command, the malware receives a file name and a remote location to download the file from. The file name is then appended to %AppData%, the file is downloaded and its content written to the mentioned path. https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 19 of 21 Considering these additions, below is a table of the updated commands supported by the malware: Command ID Description 2 Collect a list of desktop file names 3 Collect info about the running processes 4 Collect system information 12 Download and execute a regular executable 13 Download and execute a DLL via rundll32 14 Download and execute a shellcode 15 Self update 17 Terminate itself https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 20 of 21 Command ID Description 18 Download and execute the IcedID payload 19 Increase sleep timeout 20 Reset request counter 21 Download and execute the stealer module 22 Download and execute a shellcode passing the base64 encoding function as a parameter 25 Download a file to %AppData% directory Netskope Detection Netskope Threat Protection Gen:Variant.Ulise.493872 Trojan.Generic.36724146 Netskope Advanced Threat Protection provides proactive coverage against this threat. Win64.Trojan.ShellCoExec Conclusions Latrodectus has been evolving pretty fast, adding new features to its payload. The understanding of the updates applied to its payload allow defenders to keep automated pipelines properly set as well as use the information for further hunting for new variants. Netskope Threat Labs will continue to track how the Latrodectus evolves and its TTP. IOCs All the IOCs and scripts related to this malware can be found in our GitHub repository. Source: https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features Page 21 of 21 https://www.netskope.com/blog/latrodectus-rapid-evolution-continues-with-latest-new-payload-features The difference between this command and command 14 is that a function that performs base64 encoding is passed as a parameter to the shellcode itself. The address of the base64 function is stored in a mapped file view named “12345”. Page 18 of 21