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Technical Analysis of Stealc Malware
Technical analysis of the Stealc stealer: how it infects systems, what it steals, detections, IoCs and mitigation tactics for security teams.
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Malware profile
Amadey is a Windows loader that downloads and runs other malware on infected PCs, and criminals buy it as a service.
In short
Amadey is a Windows loader that downloads and runs other malware on infected PCs, and criminals buy it as a service. MITRE says it has been used since at least October 2018. In June 2026 Eurojust, Microsoft and ESET announced an action against its control servers as part of Operation Endgame.
Amadey is a loader first. ESET says its main job is to distribute other malware, and it adds modules for clipboard monitoring, credential theft and VNC remote access. Microsoft lists tasks that download and run EXE, DLL and MSI files, run commands, start a SOCKS proxy, enable RDP and create a hidden administrator account. Plugins such as cred.dll and clip.dll are fetched from the control server at run time.
Amadey is rented to affiliates, and each affiliate runs a self-hosted panel on their own server. ESET found 53 separate Amadey clusters, and the largest accounted for nearly 34% of the samples it processed. In our reading, one controller is one affiliate’s network, not the whole service.
In June 2026 Eurojust, Microsoft and ESET announced an action against Amadey’s control servers. Our pages on malware loaders and malware-as-a-service explain the model.
Public sources use several names for this malware.
| Name | Where it appears |
|---|---|
| Amadey | MITRE ATT&CK software S1025, Microsoft and ESET[1, 2, 3] |
The ATT&CK techniques the cited sources map to this tool, by tactic. Each id opens our technique page where one exists, otherwise MITRE.
ESET says each affiliate chooses how to distribute Amadey, and its telemetry shows fake software updates, cracked software installers and third-party malware loaders most often. India's Cyber Swachhta Kendra adds phishing emails, malicious attachments, trojanized software, exploit kits and compromised or self-hosted GitLab repositories. Microsoft, citing Trellix, says that in December 2025 an Amadey loader fetched StealC from a compromised self-hosted GitLab instance.
The order of steps in a typical infection, as the sources describe it.
Affiliates choose the route. ESET sees fake updates, cracked installers and other loaders.[3]
In the sample Microsoft analysed, Amadey copies itself to a folder and creates a scheduled task. MITRE lists registry Run key changes.[1, 2]
The bot first sends a status check, "st=s", in an HTTP POST request. Later it registers the PC by sending system information in an RC4-encrypted, hex-encoded HTTP POST request.[2]
The controller answers with tasks: download and run files, run commands, load credential or clipboard plugins, or start remote access.[2, 3]
Amadey fetches follow-on malware such as StealC, Lumma Stealer, remote access trojans, miners and, in some cases, ransomware. Stolen data goes back to the criminals.[2]
ESET says version 1.99.5 was a complete rewrite of the codebase.[3]
ESET says it added hVNC, silent MSI install, RDP enabling, SYSTEM command execution and encrypted payload support.[3]
Microsoft, citing Trellix, says an Amadey loader fetched StealC from a compromised self-hosted GitLab instance.[2]
Microsoft says Amadey and StealC were linked to more than 140,000 infected computers worldwide.[5]
Eurojust says authorities neutralised 326 servers and 142 domains across three malware services, Amadey among them.[4]
Microsoft says an infostealer on one device can yield VPN logins, SSO tokens and session cookies that bypass MFA, and that Amadey is used to deliver such stealers. It points to identity protection, credential hygiene and rapid response. Reset passwords and end sessions for everything the PC could reach.[2, 3]
Counters: T1555.003
Microsoft names StealC, Lumma Stealer, remote access trojans, miners and sometimes ransomware as Amadey payloads. ESET says its largest cluster delivered about 14 payloads per victim. Scan for all of them, not only Amadey. Microsoft Defender detection names include Trojan:Win32/Amadey, Trojan:Win64/Amadey and TrojanDownloader:Win32/Amadey.[2, 3]
Counters: T1105
Microsoft says the first thing the bot sends is a status check, "st=s", in an HTTP POST request, and later data goes out in encrypted POST requests. Search proxy and EDR logs for it, and check traffic against the control servers in the Microsoft and ESET indicator lists. India's alert advises monitoring traffic to the listed domains and IPs.[2, 3, 6]
Counters: T1071.001
ESET and India's Cyber Swachhta Kendra both point to cracked software, fake updates and trojanized installers. India's alert advises limited-privilege users and application whitelists. Microsoft advises cloud-delivered protection, SmartScreen, tamper protection and attack surface reduction rules.[2, 3, 6]
Counters: T1204.002
MITRE calls it a Trojan bot used since at least October 2018, and lists Windows as its platform. ESET describes a modular malware loader sold as a service, whose main job is to distribute more malware.
Microsoft's analysed sample copies itself as nudwee.exe into a folder named e079729711 under the user profile or in %TEMP%, and creates a scheduled task. MITRE lists registry Run key and Startup folder changes. Other samples may use other names, so look for the pattern as well.
Microsoft names StealC, Lumma Stealer, remote access trojans, miners and sometimes ransomware. ESET says the largest cluster delivered about 14 payloads to each victim on average.
Microsoft lists Defender detections such as Trojan:Win32/Amadey, Trojan:Win64/Amadey, Behavior:Win32/Amadey and TrojanDownloader:Win32/Amadey. It also lists the alerts "User account created under suspicious circumstances" and "New group added suspiciously", because Amadey tasks can create a hidden administrator account.
ESET says a license costs US$600 in Bitcoin, plus US$50 per rebuild.
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