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www.rivitmedia.com > Blog > Cyber Threats > Microsoft CVE Errors > Mispadu Trojan’s Exploitation of CVE-2023-36025 Windows Flaw
Microsoft CVE ErrorsTrojans

Mispadu Trojan’s Exploitation of CVE-2023-36025 Windows Flaw

riviTMedia Research
Last updated: June 12, 2025 4:27 pm
riviTMedia Research
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Mispadu Trojan's Exploitation of CVE-2023-36025 Windows Flaw
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In the ever-evolving landscape of cybersecurity threats, the Mispadu banking Trojan has resurfaced with a new variant, showcasing its adaptability and persistence. Exploiting a now-patched Windows SmartScreen security bypass flaw (CVE-2023-36025), Mispadu has once again targeted users in Mexico. This article aims to dissect the actions and consequences of the Mispadu Trojan, shedding light on its infection chain, geographic targeting, and the larger landscape of cyber threats in the Latin American (LATAM) region.

Contents
Mispadu’s ActionsPrevention and Best PracticesConclusion

Mispadu’s Actions

1. Phishing Emails and Geographic Targeting: Mispadu leverages phishing emails as its primary attack vector, a common tactic employed by threat actors. Notorious for targeting victims in the Latin American region, particularly Mexico, Mispadu exhibits a relentless focus on harvesting sensitive information through deceptive means.

2. Exploitation of CVE-2023-36025: The infection chain unfolds with the use of rogue internet shortcut files within deceptive ZIP archives, exploiting the now-patched CVE-2023-36025 flaw in Windows SmartScreen. This high-severity bypass flaw allows threat actors to craft internet shortcut files or hyperlinks capable of circumventing SmartScreen warnings.

3. Infection Chain Sophistication: Mispadu’s infection chain demonstrates a sophisticated approach, with strategically crafted internet shortcut files leading to the activation of the Trojan. The malware establishes contact with a command-and-control (C2) server for subsequent data exfiltration.

4. LATAM Banking Trojan Connections: Mispadu is part of the broader family of LATAM banking malware and shares connections with Grandoreiro. This Trojan family was recently dismantled by Brazilian law enforcement authorities. The geographic focus on LATAM highlights the cybercriminals’ targeted approach in exploiting regional vulnerabilities.

5. Targeting Mexico and Rise of Cybercrime Campaigns: Mexico has become a prime target for various cybercrime campaigns, including those involving information stealers and remote access trojans. Financially motivated groups like TA558 have capitalized on the vulnerabilities in the LATAM region, particularly targeting the hospitality and travel sectors since 2018.

Prevention and Best Practices

1. Stay Informed: Regularly update yourself on emerging cybersecurity threats, vulnerabilities, and patches. Awareness is a crucial aspect of staying ahead of evolving malware tactics.

2. Keep Software Updated: Ensure that your operating system, antivirus programs, and other software are regularly updated with the latest security patches. Prompt updates can close potential entry points for malware.

3. Exercise Caution with Emails: Be cautious when opening emails, especially those from unknown senders. Avoid clicking on suspicious links or downloading attachments from untrusted sources.

4. Implement Network Security: Employ robust network security measures, including firewalls and intrusion detection systems, to detect and prevent malicious activities.

5. Educate End Users: Provide cybersecurity awareness training to end users to recognize phishing attempts and suspicious online activities. A vigilant user base is a powerful defense against cyber threats.

Conclusion

The resurgence of the Mispadu Trojan highlights the dynamic nature of cyber threats, with threat actors adapting and exploiting new vulnerabilities. By understanding Mispadu’s tactics, the cybersecurity community can enhance its defenses and promote proactive measures to prevent future similar infections. The convergence of phishing emails, geographic targeting, and exploitation of Windows vulnerabilities underscores the need for a comprehensive and vigilant approach to cybersecurity in the LATAM region and beyond.

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