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Operation Artemis: Analysis of HWP-Based DLL Side Loading Attacks

0
Medium
Published: Mon Dec 22 2025 (12/22/2025, 03:59:37 UTC)
Source: AlienVault OTX General

Description

Operation Artemis is a cyber espionage campaign attributed to APT37 that targets South Korean organizations by exploiting the widespread use of the HWP document format. The attack uses malicious HWP files embedded with OLE objects to initiate infection, employing DLL side-loading techniques to evade detection by abusing legitimate processes. Steganography conceals malicious code, and multiple encryption layers obfuscate the final payload, RoKRAT, complicating analysis and detection. The threat actor leverages cloud services such as Yandex and pCloud for command and control, making attribution and mitigation more challenging. Although primarily focused on South Korea, the use of common Windows DLL side-loading and HWP documents could pose risks to other regions with similar software usage. No known exploits in the wild have been reported yet, and the campaign requires user interaction via spear-phishing. The complexity and stealth of the attack chain indicate a medium severity threat with significant espionage potential.

AI-Powered Analysis

AILast updated: 12/22/2025, 10:52:32 UTC

Technical Analysis

Operation Artemis is a sophisticated cyber espionage campaign conducted by the North Korean-linked threat actor APT37. It targets South Korean organizations by exploiting the Hangul Word Processor (HWP) document format, which is widely used in South Korea. The attack begins with spear-phishing emails containing malicious HWP documents embedded with OLE objects. When opened, these documents execute code that triggers DLL side-loading, a technique where a legitimate application is tricked into loading a malicious DLL, thereby evading traditional detection mechanisms. The malicious code is hidden using steganography within the document or associated files, and the payload undergoes multiple stages of encryption and decryption to obfuscate its presence. The final payload is RoKRAT, a remote access trojan known for espionage activities. The attackers use cloud services like Yandex and pCloud as command and control servers, complicating network-based detection and attribution. The campaign leverages legitimate Windows processes and complex obfuscation techniques, making detection and mitigation challenging. While the primary focus is South Korea, the techniques used could be adapted to other environments where HWP or similar document formats and DLL side-loading vulnerabilities exist. No public CVE or known exploits have been reported, and the attack requires user interaction, typically through spear-phishing.

Potential Impact

For European organizations, the direct impact of Operation Artemis is currently limited due to the campaign's focus on South Korean targets and the niche use of the HWP document format predominantly in South Korea. However, European entities with business ties to South Korea or those using HWP documents could be at risk if targeted. The use of DLL side-loading and steganography techniques poses a risk to Windows environments broadly, as these methods can be adapted to other document formats or localized software. The exploitation of cloud services for command and control complicates detection and incident response, potentially allowing prolonged undetected access. If successful, the RoKRAT payload can compromise confidentiality by exfiltrating sensitive data, impact integrity by manipulating files or systems, and affect availability through potential destructive actions. The medium severity rating reflects the complexity and stealth of the attack, combined with the requirement for user interaction and the current limited scope. European organizations should be aware of the evolving tactics and consider the threat in the context of supply chain and partner risks involving South Korea.

Mitigation Recommendations

1. Implement strict email filtering and spear-phishing awareness training focusing on the risks of opening unsolicited or unexpected HWP documents, especially from unknown or untrusted sources. 2. Deploy application whitelisting and monitor for DLL side-loading behaviors, particularly in processes known to be abused in this campaign. 3. Use advanced endpoint detection and response (EDR) solutions capable of detecting steganography and multi-stage encrypted payloads. 4. Restrict or monitor the use of cloud storage and services like Yandex and pCloud within the corporate network to detect unusual command and control traffic. 5. Employ network segmentation and strict egress filtering to limit outbound connections to suspicious cloud infrastructure. 6. Maintain updated threat intelligence feeds and integrate IoCs such as the provided hashes into detection systems. 7. Conduct regular audits of software and document handling policies, including restricting or sandboxing the use of HWP files where possible. 8. Enhance logging and monitoring for anomalous DLL loading and process injection activities. 9. Collaborate with partners and suppliers to ensure awareness and mitigation of similar threats in shared environments. 10. Prepare incident response plans that include scenarios involving DLL side-loading and steganography-based payloads.

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Technical Details

Author
AlienVault
Tlp
white
References
["https://www.genians.co.kr/en/blog/threat_intelligence/dll?hs_amp=true"]
Adversary
APT37
Pulse Id
6948c2292bd62a280f93ac30
Threat Score
null

Indicators of Compromise

Hash

ValueDescriptionCopy
hash31662a24560b3fe1f34f0733e65509ff
hash7e8c24bb3b50d68227ff2b7193d548dd
hash8e4a99315a3ef443928ef25d90f84a09
hashad3433f5f64abdec7868a52341f14196
hashd2b2c6646535a62e4c005613d6a036f0
hashea95109b608841d2f99a25bd2646ff43
hashf3603f68aadc8bc1ea8939132f0d5252

Threat ID: 69491f829679ab05af586fc3

Added to database: 12/22/2025, 10:37:54 AM

Last enriched: 12/22/2025, 10:52:32 AM

Last updated: 12/22/2025, 6:01:39 PM

Views: 28

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