February 11, 2026
Mispadu Phishing Malware Baseline: Delivery Chains, Capabilities, and Common Campaigns
Mispadu is a rapidly evolving banking trojan that has become the most prevalent Latin American threat observed by Cofense, using phishing emails that routinely bypass secure email gateways. This analysis breaks down how Mispadu campaigns rely on deceptive PDF attachments and multi-stage delivery chains to deploy obfuscated malware using legitimate tools.