State-sponsored threat groups used Russia-Ukraine war-themed phishing documents to conduct cyber-espionage campaigns across Latin America, the Middle East, and South Asia. Check Point Research reported that El Machete targeted financial and government organizations in Nicaragua and Venezuela with malicious Word files that delivered Python-based malware, including a customized Loki.Rat variant and a second-stage JavaOracle payload, while Lyceum targeted the energy sector in Israel and likely Saudi Arabia using war-related decoys and droppers to install .NET DNS, .NET TCP, and Golang HTTP backdoors.
In South Asia, SideWinder targeted Pakistani entities with a Russia-Ukraine-themed lure that used remote template injection and exploited CVE-2017-11882 to deploy its long-running .NET infostealer. The activity showed how espionage-focused actors quickly adapted a major geopolitical crisis into convincing spear-phishing content to improve targeting and compromise government, financial, and energy-sector victims.

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The report describes Lyceum as an Iranian APT group that has been active since at least 2017, focused on cyberespionage against sectors of strategic importance.
An Israeli energy company received a Lyceum phishing email with the subject "Russian war crimes in Ukraine," linking to a decoy document hosted on attacker-controlled infrastructure. The campaign deployed multiple payload families, including .NET DNS, .NET TCP, and Golang HTTP backdoors, and likely also targeted Saudi Arabia.
Check Point observed El Machete targeting financial organizations in Nicaragua with a malicious Word document themed around Ukraine, and assessed that the activity likely extended to government entities in Venezuela. The infection chain deployed Python-based malware including a customized Loki.Rat variant and a second-stage JavaOracle payload.
Check Point Research reported that multiple state-sponsored groups used the Russia-Ukraine war as a lure in spear-phishing campaigns targeting victims in Latin America, the Middle East, and South Asia. The report identifies El Machete, Lyceum, and SideWinder and assesses the activity as espionage-focused.
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