Information-stealing malware, or infostealers, have emerged as one of the most pervasive and dangerous types of malware, capturing the attention of both security teams and threat actors alike. Throughout 2024, Flashpoint has observed significant growth in the sale of infostealers, with the number being offered in illicit marketplaces skyrocketing over the last seven years—among them is Seidr malware.

What is Seidr infostealer malware?

Seidr malware is an emerging stealer that was first observed at the end of 2023, collecting comprehensive system information, including system name, username, OS version, screen resolution, and hardware identification. Seidr can deploy a two-stage module that simultaneously runs a crypto clipper and a keylogger, making it a potent threat. The stealer is written in the C++ programming language and leverages encryption techniques to avoid detection, such as blacklisting specific processes related to security analysis and debugging.

At this time, Seidr is being sold on illicit marketplaces and the developer provides a loader and dropper that can be used with Telegram bots. A new update for the strain, called GARMR, was recently offered for sale, with a lifetime plan for the stealer being offered for $2,000. GARMR enables Seidr to regenerate itself every two hours, is smaller than 500 KB, and is capable of downloading and running binaries without touching the disk.

Seidr advertisement found in an illicit marketplace (Source: Flashpoint Ignite)

GARMR update for Seidr being advertised on an illicit forum (Source: Flashpoint Ignite)

Seidr Tactics, Techniques, and Procedures (TTPs)

Flashpoint analysts analyzed the sophisticated arsenal employed by Seidr. The following outlines some of the techniques, tactics and procedures that Seridr leverages:

Tactic	Technique ID	Name
Persistence	T1547	Boot or Logon Autostart Execution
Privilege Escalation	T1547	Boot or Logon Autostart Execution
Defense Evasion	T1497	Virtualization/Sandbox Evasion
Credential Access	T1056	Input Capture: Keylogging
Discovery	T1012	Query Registry
Discovery	T1057	Process Discovery
Discovery	T1082	System Information Discovery
Discovery	T1614	System Location Discovery
Collection	T1005	Data from Local System
Collection	T1560	Archive Collected Data
Collection	T1056	Input Capture: Keylogging
Exfiltration	T1567	Exfiltration Over Web Service

T1547 – Persistence – Boot or Logon Autostart Execution

Seidr sets a persistence mechanism by creating a directory, retrieving a known folder path, creating a registry key, and setting the value SEIDR in the registry. This functionality allows persistence to take place on the next reboot.

Persistence is maintained through the registry key. (Source: Flashpoint)

T1547 – Defensive Evasion – Virtualization/Sandbox Evasion

Flashpoint analysts reverse-engineered Seidr to reveal the following processes being used or monitored to attempt to stop debugging:

Process Name	Definition
apatedns.exe	Apatar DNS: Manipulates DNS requests
cmd.exe	Command Prompt: Windows command-line interpreter
cffexplorer.exe	CFF Explorer: Explores PE files
cuckoo.exe	Cuckoo Sandbox: Automated malware analysis system
dumpcap.exe	Dumpcap: Network capture tool for Wireshark
fiddler.exe	Fiddler: Web debugging proxy
ghidra.exe	Ghidra: Suite for software reverse engineering
immunitydebugger.exe	Immunity Debugger: Debugger for malware analysis
msconfig.exe	System Configuration: Configures Windows settings
procexp.exe	Process Explorer: Manages and diagnoses process issues
procexp64.exe	Process Explorer (64-bit): Manages and diagnoses processes
processhacker.exe	Process Hacker: Views and manipulates processes
python.exe	Python executable: Executes Python scripts
python3.exe	Python 3 executable: Executes Python 3 scripts
pythonw.exe	Python executable (Windows): Executes Python scripts
r2.exe	Radare2 CLI: Interface for reverse engineering
radare2.exe	Radare2: Framework for reverse engineering
regedit.exe	Registry Editor: Edits Windows registry
regshot.exe	Regshot: Takes snapshots of registry and file system
sysmon.exe	Sysinternals Sysmon: Monitors system activity
Taskmgr.exe	Windows Task Manager: Manages tasks in Windows
tcpview.exe	TCPView: Monitors network connections
wireshark.exe	Wireshark: Analyzes network protocols
x32dbg.exe	32-bit debugger: Debugs 32-bit applications
x64dbg.exe	64-bit debugger: Debugs 64-bit applications

Seidr also has the capability to check for virtual machines. If the malware detects that it has been deployed on a virtual machine, it will automatically end its processes to avoid static analysis.

Seidr also performs an XOR rotation against an array of values that are in little endian. The encryption is used to obfuscate the Telegram token used to send exfiltrated data.

Pseudocode for the rotating XOR encryption routine. (Source: Flashpoint)

T1005 – Collection – Data from Local System

Seidr checks for open processes and specific browsers before executing collections on the browsers.

Pseudocode showcases the routine for detecting virtual machines and checking for open processes. (Source: Flashpoint)

T1560 – Collection – Archive Collected Data

System collections are compiled to determine if a system is a potential analysis machine, a virtual machine, or a sandbox machine. These are also packaged in a zip archive with the final information sent to the threat actor.

Pseudocode showcases system information-gathering from Seidr. (Source: Flashpoint)

T1056 – Collection – Input Capture: Keylogging

Clipper functionality utilizes regular expressions to determine the type of wallet, and the stealer replaces the copied wallet addresses with the attacker’s. The following types of cryptocurrency are targeted by Seidr:

• Bitcoin
• Etherium
• Litecoin
• Monero
• Ripple

T1560 – Collection – Archive Collected Data

Seidr collects desktop wallets that the attacker can leverage to access them. The following desktop wallets are targeted by Seidr:

• Monero
• MultiDoge
• Electrum
• Electrum Cash

However, Seidr specifically scans the system for the following crypto wallets and chrome extension IDs:

• BNB Chain Wallet
• Coinbase
• Coin98 Wallet
• Electrum Bitcoin Wallet
• Fers Wallet
• Ferz Wallet
• Jaxx Liberty
• KardiaChain Wallet
• Math Wallet
• MetaMask
• Nifty Wallet
• Ronin Wallet
• Saturn Wallet
• Terra Wallet

T1567 – Exfiltration – Exfiltration Over Web Service

Telegram is leveraged to send the archived log file to the attacker’s Telegram channel:

IDA pseudocode contains Telegram API parameters. (Source: Flashpoint)

Flashpoint analysts collected the final zip archive containing the data collected by the stealer, including system information, wallets, browser passwords, and keylogging:

LOG file generated from the malware collected from the analysis. (Source: Flashpoint)

Stay ahead using Flashpoint

Infostealers are easily accessible, easy to use, and inexpensive for threat actors to purchase. Consequently, there is high demand for stealers across illicit communities. In addition to the many existing and emerging families of infostealers, malicious actors are continuing to leverage Seidr. These attackers are actively working to improve and develop multiple variants to increase its ability to bypass defensive measures. Therefore, understanding what Seidr infostealer malware is and how it works is essential for strengthening cybersecurity defenses.

Flashpoint’s threat intelligence seamlessly integrates automated data collection with human analyst expertise, and delivers a precise understanding of the fast-evolving threat landscape. By leveraging comprehensive threat intelligence, organizations can mitigate the potential risks posed by infostealers. Sign up for a demo today.