FAKEBAT
EUGENLOADER
MSIX
MALVERTISING
MalwareLoaderMalvertisingOctober 11, 2026•9 min read

FakeBat: Loader-as-a-Service Riding Google Search Ads

Search for a popular app, click the top ad, install a signed MSIX that runs a script before the real program even opens. A profile of the loader-as-a-service that turned Google ads into a delivery channel.

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FakeBat is a widely distributed loader sold as a loader-as-a-service on Russian-speaking forums. It is delivered chiefly through malvertising — malicious Google search ads — and typosquatted software-download sites that serve trojanized installers impersonating popular applications. Since around September 2023, operators moved to signed MSIX installers that abuse the MSIX startScript configuration to run a script before the decoy app launches. It profiles the host and hands off to commodity stealers, bankers and RATs. It is also tracked as EugenLoader and, by Google, as NUMOZYLOD (operation UNC4536).

Overview

FakeBat was first advertised on the Exploit forum in December 2022 as a loader-as-a-service under the seller handle “Eugenfest” (also Payk_34), and Google and Mandiant track the operation as UNC4536. Rental pricing reported via Sekoia (treat as reported) was around $1,000 per week and $2,500 per month for the MSI format. Observed follow-on payloads include IcedID, Lumma, RedLine, SmokeLoader, SectopRAT, Ursnif and a Carbanak build tied to FIN7 — payloads vary by customer.

How It Works

Delivery

FakeBat arrives through malicious Google ads impersonating popular software — reported lures include Microsoft Teams, OneNote, AnyDesk, Chrome, Brave, KeePass, Notion, Zoom and Steam — and through typosquatted download and fake-browser-update sites. T1583.008 T1036

MITRE ATT&CK Mapping

Note

Analyst-mapped from vendor reporting; confirm against the Google and Sekoia tables.

TacticTechniqueUsage
Resource DevelopmentT1583.008 MalvertisingMalicious Google ads
Defense EvasionT1036 MasqueradingFake installers, typosquats
ExecutionT1204.002 Malicious FileTrojanized MSIX
Defense EvasionT1553 Subvert Trust ControlsCode signing
DiscoveryT1518.001 Security Software DiscoveryAV enumeration
PersistenceT1547.001 Startup FolderStartup LNK

Detection & Mitigation

Stop Loaders Before the Payload

Mjolnir Security helps organisations detect malvertising-delivered loaders and trojanized installers.

Managed Detection & ResponseThreat HuntingSecurity AwarenessIncident ResponseEndpoint Hardening
  • Managed Detection and Response Monitoring for MSIX startScript abuse, post-install recon and selective-delivery C2.
  • Security Awareness Training against malvertising and fake-software-download lures.
  • 24/7 Incident Response Containment before payload deployment. Call +1 833 403 5875.
Written by: Mjolnir Security  |  Published: October 11, 2026