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The Hacker Newsinfo@thehackernews.com (The Hacker News)

Silver Fox Expands Winos 4.0 Attacks to Japan and Malaysia via HoldingHands RAT

Part of the Void Arachne story · 27 articles · 10 outlets · since 28 Aug 2025

The Hacker News reports that the threat actors behind Winos 4.0 (also known as ValleyRAT) have expanded their attacks from China and Taiwan to Japan and Malaysia, via a new HoldingHands RAT campaign. Fortinet's FortiGuard Labs notes that the phishing-heavy operation relies on PDFs with embedded malicious links, masquerading as official documents from the Ministry of Finance.

Winos 4.0 is frequently spread through phishing and SEO poisoning, directing users to fake sites for software such as Google Chrome and other apps, with the campaign often attributed to the aggressive Chinese cybercrime group Silver Fox (also tracked as SwimSnake, The Great Thief of Valley, UTG-Q-1000 and Void Arachne).

Fortinet also highlighted a BYOVD-related attack last month that abused a vulnerability driver to disable security software, and Seqrite Labs described Operation Silk Lure using targeted emails with booby-trapped LNK files to drop the Valleyrat payloads. The HoldingHands RAT component gains persistence via a multi-stage infection, can exfiltrate data, run arbitrary commands, and update its C2 address through a Windows Registry entry.

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Published (UTC)OutletHeadline
Sat 18 Oct 2025 · 07:15 UTCThe Hacker NewsSilver Fox Expands Winos 4.0 Attacks to Japan and Malaysia via HoldingHands RAT (this article)
Mon 6 Jul · 14:11 UTCSecurityOnlineValleyRAT spreads via fake VLC installers targeting Asian users
Fri 10 Jul · 13:46 UTCThe Hacker NewsNew MODBEACON RAT exploits gRPC stealth for encrypted attacks
Sat 11 Jul · 02:30 UTCSecurityOnlineSilver Fox uses SEO tricks to drop MODBEACON trojan via bugs
Thu 30 Jul · 11:10 UTCThe Hacker NewsSilverFox uses three driver BYOVD with ValleyRAT on Japan maker
Fri 31 Jul · 08:00 UTCSecurity AffairsSilverFox targets Japanese maker with ValleyRAT via DLL sideload
Fri 21 Aug · 17:06 UTCdti.domaintools.comSilver Fox malware network adapts, uses cloud to launch attacks
Mon 31 Aug · 11:28 UTCSecurityOnlineValleyRAT backdoor hides in fake signed installers targeting Asia
Mon 31 Aug · 12:41 UTCThe Hacker NewsValleyRAT backdoor hides in adware via antivirus exclusions
Mon 31 Aug · 20:32 UTCSecurity AffairsValleyRAT malware hides in fake wallpaper app to spy on users
Mon 7 Sep · 08:31 UTCSecurityOnlineFake Software Sites Target Chinese Users with Stealthy Malware Installers
Fri 18 Sep · 20:58 UTCdti.domaintools.comDomainTools Uncovers Russia’s Secret Cyber Training Programmes

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