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SecurityScorecardPDF

Operation-Phantom-Circuit-Report_012725_03.pdf

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SecurityScorecard.com

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Background

During STRIKE’s investigation of Operation 99, our team identified multiple command-and-control (C2) servers active since September 2024. These servers, despite variations in payload structure and obfuscation techniques, shared a consistent implementation across the campaign. While their primary purpose appeared to be delivering payloads and maintaining communication with infected systems over port 1224, deeper analysis revealed an additional operational layer.

Critical questions—such as how exfiltrated data was handled and what infrastructure was used to manage these servers—remained…

The opening of the report, shown for reference. The full report, with its figures and indicators, is published by SecurityScorecard on securityscorecard.com.

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