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PhantomVAI Loader Exploits RunPE Utility in Global Phishing Campaigns

First seen 4 Feb 2026, 22:55 UTC • •

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ThreatCluster •March 12, 2026 at 13:27 UTC

The PhantomVAI custom loader has been identified in phishing campaigns, delivering stealers and remote access trojans (RATs) to compromised systems. This malware disguises itself as legitimate software and utilizes process hollowing techniques to inject malicious payloads into Windows processes. Multiple security researchers have documented this threat across various organizations.

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