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MalwareRansomwareUsed by 3 actors

Charon

Charon is a newly documented ransomware family first observed in the wild by Trend Micro in a targeted campaign against organizations in the Middle East, specifically in the public sector and aviation industry. Reporting describes it as a highly targeted operation, with customized ransom notes that explicitly name victim organizations.

Charon employs advanced tradecraft more commonly associated with APT operations, including DLL sideloading, process injection, anti-EDR capabilities, and multistage encrypted payload delivery. In the observed attack chain, a legitimate binary named Edge.exe (originally cookie_exporter.exe) was used to sideload a malicious msedge.dll identified as SWORDLDR. That DLL decrypted an embedded ransomware payload and injected it into a newly spawned svchost.exe process to masquerade as a legitimate Windows service. Researchers also observed use of DumpStack.log as part of a multistage payload extraction flow; the file contained encrypted shellcode used to deliver the ransomware, with an additional intermediate encryption layer.

The malware is described as performing disruptive actions such as disabling security services and deleting backups, and Trend Micro warned that its tactics can compromise both local and networked data. The combination of ransomware objectives with APT-style evasion and execution techniques increases operational disruption, data loss, downtime, and financial recovery costs for victims.

Researchers identified technical overlaps between the Charon campaign and activity associated with Earth Baxia, also tracked as APT41, Wicked Panda, and Grass Typhoon. However, definitive attribution was not established; Trend Micro stated the overlap could indicate direct involvement, deliberate imitation, or independent development of similar tactics.

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THREAT ACTORS

Groups observed using it

3 distinct threat actors attributed by public researchers. Open in Mallory to see the full evidence chain and overlapping campaigns.

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Earth Baxia

Charon is a new ransomware family ... Trend Micro observed it being deployed in a targeted attack in the Middle East's public sector and aviation industry — the first such record of Charon observed in the wild.

via dark readingdarkreading.com
APT41

Charon is a new ransomware family ... Trend Micro observed it being deployed in a targeted attack in the Middle East's public sector and aviation industry — the first such record of Charon observed in the wild.

via dark readingdarkreading.com
Grass Typhoon

Charon is a new ransomware family ... Trend Micro observed it being deployed in a targeted attack in the Middle East's public sector and aviation industry — the first such record of Charon observed in the wild.

via dark readingdarkreading.com
MITRE ATT&CK

Techniques & procedures

5 distinct techniques documented for this family, organized by ATT&CK tactic.

Execution

1 technique
T1574.001DLLEvidence1

The ransomware leverages techniques such as DLL sideloading, process injection, and anti-EDR capabilities... "The attack chain leveraged a legitimate browser-related file, Edge.exe (originally named cookie_exporter.exe), to sideload a malicious msedge.dll (SWORDLDR), which subsequently deployed the Charon ransomware payload."

T1055Process InjectionEvidence1

That DLL is then responsible for decrypting the embedded ransomware payload and injecting it into a newly spawned svchost.exe process. "This technique allows the malware to masquerade as a legitimate Windows service, bypassing usual endpoint security controls," the researchers observed.

Stealth

4 techniques
T1027Obfuscated Files or InformationEvidence1
TacticStealth

Charon also uses a multistage payload extraction technique via what appears to be a benign log file, DumpStack.log. Upon closer inspection however, this turns out to be an encrypted shellcode responsible for delivering the ransomware payload... Further analysis also revealed a second layer of encryption within the intermediate payload.

T1036MasqueradingEvidence1
TacticStealth

This technique allows the malware to masquerade as a legitimate Windows service, bypassing usual endpoint security controls.

T1055Process InjectionEvidence1

That DLL is then responsible for decrypting the embedded ransomware payload and injecting it into a newly spawned svchost.exe process. "This technique allows the malware to masquerade as a legitimate Windows service, bypassing usual endpoint security controls," the researchers observed.

T1574.001DLLEvidence1

The ransomware leverages techniques such as DLL sideloading, process injection, and anti-EDR capabilities... "The attack chain leveraged a legitimate browser-related file, Edge.exe (originally named cookie_exporter.exe), to sideload a malicious msedge.dll (SWORDLDR), which subsequently deployed the Charon ransomware payload."

Other

1 technique
T1562Impair DefensesEvidence1

The ransomware leverages techniques such as DLL sideloading, process injection, and anti-EDR capabilities... Further defense tactics that organizations can adopt to combat advanced ransomware tactics include ensuring that EDR and antivirus agents are running with capabilities that prevent malware from disabling, tampering with, or uninstalling the security solutions.

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IOC matching

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Threat actor attribution3

Named campaigns wielding this family, with evidence pinned to each claim.

Exploited vulnerabilities

CVEs this family uses for access and lateral movement.

Detection signatures

YARA, Sigma, Snort, and vendor rules, auto-deployed to your SIEM.

MITRE ATT&CK mapping5

Every documented technique, ranked by evidence weight.

Researcher chatter

Reddit, Mastodon, and CTI community discussion around this family.