Lotus Bane APT targets Vietnamese financial entity, first detected in March 2023.

Lotus Bane, an advanced persistent threat group active since at least 2022, targeted a Vietnamese financial entity in March 2023. Techniques used, such as DLL side-loading and named pipes for malicious executable execution, suggest links to OceanLotus (APT32). Group-IB notes the group’s sophistication and potential for wider APAC attacks. No CVEs are associated with this new threat actor’s activities.