Introduction During our routine threat monitoring, we uncovered a new phishing campaign tied to a previously unknown APT group that we dubbed Armored Likho (also known as Eagle Werewolf based on circumstantial evidence). This targeted campaign focuses heavily on government agencies and the electric power sector. The geographical footprint of these attacks spans Russia, Brazil, and Kazakhstan, establishing the group as a global threat actor. Armored Likho blends financially motivated campaigns targeting private individuals with targeted cyber-espionage aimed at organizations. Their toolkit features obfuscated, modular RATs and infostealers specifically engineered to bypass dynamic analysis. Alongside these, they leverage simpler tools like Go2Tunnel for remote access and network tunneling.…