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Mustang Panda’s Sneaky Malware Tactics: The Art of Outsmarting ESET Antivirus
Mustang Panda’s new trick involves using MAVInject.exe to sneak malicious code past ESET’s watchful eye. By sideloading their TONESHELL backdoor with a legitimate EA app, they ensure their malware can play hide-and-seek with security systems, targeting Thailand-based users with spear-phishing lures.

Hot Take:
Well, it appears that China’s Mustang Panda is riding through the digital wild west again, and this time, they’ve saddled up with MAVInject.exe! By using a tool that sounds like a virtual smoothie maker, they’ve managed to blend their malware into the system like a ninja in a tuxedo at a fancy gala. Who needs stealth when you can just use the tools of the trade to slip past security like a digital Houdini?
Key Points:
- Mustang Panda employs MAVInject.exe to evade detection by ESET antivirus.
- The attack drops multiple files, including a decoy PDF to distract victims.
- The malware employs spear-phishing tactics targeting Thailand-based users.
- A modified TONESHELL backdoor is sideloaded using a legitimate EA application.
- Establishes a reverse shell to communicate with a command-and-control server.