Proofpoint reported that phishing campaigns spoofing financial and payment brands including Interkassa, SEPA, Alfa Bank, and Raiffeisen Bank delivered the CobInt modular downloader, which it linked to the financially motivated Cobalt Gang. The lures used malicious Word documents, direct download links, and exploit documents abusing CVE-2017-8570, CVE-2017-11882, CVE-2018-0802, and CVE-2018-8174 to infect targets.
Researchers said CobInt was built as a three-stage malware framework designed to keep its initial footprint small while enabling selective follow-on compromise. A lightweight first-stage downloader fetched a main component that polled command-and-control servers over HTTPS, then loaded additional modules as shellcode decrypted into DLLs. The malware used API hashing, XOR-based obfuscation, dynamically generated URIs, and encrypted HTML-like C2 responses to frustrate analysis, while reconnaissance modules captured screenshots and collected running process names so operators could decide whether to deploy additional payloads on systems of interest.

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7 events from the most recent confirmed update back to the earliest known activity.
Proofpoint published an analysis of CobInt on September 11, 2018, detailing its three-stage architecture, obfuscation methods, HTTPS command-and-control, and reconnaissance modules that captured screenshots and running process names.
On September 4, 2018, phishing emails spoofing Raiffeisen Bank used the lookalike domain ralffeisen[.]com. The campaign used a Word attachment with a relationship object to download an external VBScript containing an exploit for CVE-2018-8174, leading to execution of CobInt stage 1.
On August 16, 2018, phishing emails spoofing Alfa Bank used the lookalike domain aifabank[.]com. The campaign linked to a hosted ThreadKit exploit document that exploited CVE-2017-8570, CVE-2017-11882, or CVE-2018-0802 to execute CobInt stage 1.
On August 14, 2018, phishing emails spoofing the Single Euro Payments Area used lookalike domains sepa-europa[.]com and sepa-europa[.]info. The messages delivered a Word attachment named "sepa rules.doc" using ThreadKit exploits for CVE-2017-8570, CVE-2017-11882, or CVE-2018-0802, and some also linked directly to the CobInt downloader.
On August 2, 2018, phishing emails spoofing Interkassa used the lookalike domain inter-kassa[.]com. The campaign included one URL leading to a macro document that installed More_eggs and another linking directly to the CobInt stage 1 executable.
According to Proofpoint, Cobalt Gang appeared to stop using CobInt as a first-stage downloader around the time of Group-IB’s publication and then resumed using it in July 2018. Arbor Networks also reported renewed CobInt activity before Proofpoint’s analysis.
Proofpoint states that Group-IB released a report in May 2018 that named the malware CobInt and linked it to the financially motivated threat actor Cobalt Gang.
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