Researchers reported that KBOT is an active Windows file-infector that spreads by injecting polymorphic malicious code into EXE and DLL files on local disks, removable media, and network shares, giving it worm-like propagation across infected environments. Once launched, the malware establishes persistence through Startup registry entries and Task Scheduler, uses DLL hijacking and process injection to embed itself in system and browser processes, and communicates with command-and-control infrastructure over encrypted channels.
The malware also deploys web injects to steal banking and personal data, downloads additional stealer modules, and stores components and exfiltrated information in encrypted virtual storage. Researchers said KBOT goes beyond credential theft by modifying Remote Desktop settings to permit multiple concurrent sessions and creating a user account for remote access, combining file infection, financial theft, stealthy persistence, and attacker-controlled administration in a single threat.

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Kaspersky published a technical analysis of the KBOT Windows malware family, describing its file-infecting behavior, propagation methods, persistence, credential theft, web injects, remote access features, and command-and-control mechanisms.
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