The Evasive Panda APT group (also known as Bronze Highland, Daggerfly, and StormBamboo) has been active since 2012, targeting multiple industries with sophisticated, evolving tactics. Our latest research (June 2025) reveals that the attackers conducted highly-targeted campaigns, which started in November 2022 and ran until November 2024.
The group mainly performed adversary-in-the-middle (AitM) attacks on specific victims. These included techniques such as dropping loaders into specific locations and storing encrypted parts of the malware on attacker-controlled servers, which were resolved as a response to specific website DNS requests. Notably, the attackers have developed a new loader that evades detection when infecting its targets, and even employed hybrid encryption practices to complicate analysis and make implants unique to each victim.
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Source: Kaspersky
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