fromThe Hacker News
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Unlike typical malware that steals certificates, BaoLoader's operators are known to register legitimate businesses in Panama and Malaysia specifically to purchase valid code-signing certificates from major certificate authorities to sign their payloads. "With these certificates, their malware appears trustworthy to both users and security tools, allowing them to operate largely undetected while being dismissed as merely potentially unwanted programs (PUPs)," ReliaQuest said. The malware, once launched, abuses "node.exe" to run malicious JavaScript for reconnaissance, in-memory command execution, and backdoor access.
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