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In 2015, a threat actor group known as Carbanak ran a series of attacks against financial institutions that left security teams baffled. The group breached banks across 30 countries, moved laterally through internal networks, and exfiltrated an estimated $500 million in transfers, all without leaving a single suspicious binary on disk. Every product in those environments stayed quiet. The attack was carried out almost entirely through , , and other tools that were already installed on every machine in the environment.
This is not an edge case. FIN7's campaigns against retail and hospitality enterprises, APT29's intrusions into government networks, and countless ransomware deployments since then have all shared the same pattern: attackers operating through trusted, native Windows tooling rather than carrying their own executables. Traditional endpoint protection was built to scan files. If there are no suspicious files, it has nothing to find.
Learning Objectives
- Explain the fileless attack spectrum and distinguish between memory-resident, , and script-based categories
- Execute PowerShell in-memory payloads using , download cradles, and encoded command techniques
- Bypass using string concatenation, memory patching, and reflection-based methods
- Abuse native Windows binaries (
mshta,rundll32,regsvr32,certutil,wmic) for payload execution without dropping a PE to disk - Understand the named pipe mechanism underlying psexec-style remote execution and demonstrate why smbexec avoids dropping a binary on the target
- Execute classic shellcode injection use Meterpreter's
migratecommand to blend into a legitimate process
Prerequisites
- Windows CLI: Comfortable running commands in
cmd.exeand PowerShell - Windows PowerShell: Understanding of variables, objects, and basic scripting
- Core Windows Processes: Understanding of processes, threads, and memory
Machine Access
Start the lab by clicking the Start Lab Machine button below. The Windows VM at MACHINE_IP needs about two minutes to fully load. All exercises run from the AttackBox against this target.
Set up your virtual environment
Credentials for the Windows are below:
Credentials
I have successfully started my Windows VM.
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