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Zscaler ThreatLabz has published a technical analysis of Xloader versions 8.1 to 8.7 ➡️ https://bit.ly/4s1aPSp We cover new code obfuscation techniques that further complicate reverse engineering efforts. In addition, the blog provides an in-depth examination of Xloader’s convoluted network protocol that leverages multiple layers of encryption and uses decoy C2s for misdirection.

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