A sophisticated spear-phishing campaign orchestrated by the threat group SHADOW-VOID-042 targeted critical infrastructure sectors, including defense, energy, and chemical organizations, by impersonating cybersecurity vendor Trend Micro. The attackers sent emails purporting to be urgent security advisories from Trend Micro, warning of a fictitious vulnerability in the Apex One Web Reputation Service module. Victims were directed to a decoy website mimicking Trend Micro’s branding, where tailored payloads were delivered in a multi-stage attack designed to breach select targets. Trend Micro’s investigation revealed that the campaign also attempted to infiltrate the company and its subsidiaries, leveraging the vendor’s reputation to increase credibility and success rates.
This campaign was identified as the second phase of a broader operation, with earlier activity in October 2025 using different lures such as workplace harassment and academic research to target executives and HR personnel. The attackers demonstrated a high level of sophistication by customizing each stage of the attack to the specific target environment and by linking the November and October campaigns through shared tactics and infrastructure. The operation highlights the ongoing threat posed by advanced phishing campaigns that exploit trusted brands to compromise critical infrastructure and underscores the need for heightened vigilance and robust email security controls in these sectors.

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11 events from the most recent confirmed update back to the earliest known activity.
By 15 December 2025, CISA had updated its Known Exploited Vulnerabilities catalog with additional actively exploited vulnerabilities. The update reflected ongoing government tracking of in-the-wild exploitation.
By 15 December 2025, a breach affecting the French Interior Ministry had been reported. The Risky Biz bulletin identified it as one of the notable incidents disclosed that day.
By 15 December 2025, MangaGamer had reported a game release distributed on a USB device that was infected with malware. The case was noted as a distinct supply-chain style security incident.
By 15 December 2025, a data breach at 700Credit had been disclosed as affecting 5.6 million customers. The incident was cited among the major cybersecurity events in the Risky Biz bulletin.
By 15 December 2025, Google reported that multiple Chinese cyber-espionage groups were exploiting the React2Shell vulnerability. This added new technical and attribution detail about active exploitation of the flaw.
By 15 December 2025, Apple had released fixes for two WebKit zero-day vulnerabilities that were being actively exploited in the wild. The patching was highlighted as a significant security development in the Risky Biz bulletin.
In December 2025, Germany publicly attributed a 2024 intrusion affecting its air traffic control agency to Russia's GRU-linked APT24. This marked a new official attribution development for the earlier incident.
By December 2025, Meta had taken down a Russian influence operation across Africa that used local freelancers to spread anti-US and anti-French messaging and amplify pro-Russian narratives. The disruption was reported in Risky Biz's 15 December bulletin.
By mid-December 2025, Trend Micro researchers reported that the November campaign significantly overlapped with tactics associated with the Russian-aligned Void Rabisu (ROMCOM/Storm-0978) group, though they stopped short of definitive attribution. Researchers also noted the attacks were interrupted before a final payload could be observed, preventing confirmation of ROMCOM backdoor deployment.
In November 2025, SHADOW-VOID-042 began a spear-phishing campaign impersonating Trend Micro and targeting critical infrastructure organizations in the defense, energy, and chemicals sectors. The operation used urgent security-advisory lures, a decoy Trend Micro-branded site, fake Cloudflare redirection, and JavaScript-based exploitation, including use of CVE-2018-6065.
In October 2025, the threat group later tracked as SHADOW-VOID-042 conducted an earlier operation using HR-related lures. Trend Micro researchers later linked this activity to a subsequent campaign based on overlapping tactics and tradecraft.
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