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Chinese APT Targets Indian Banks, Korean Policy Circles

ID: 310d73af-8ad3-5ed0-8296-0b7f4e5688fe

STIX ID: report--310d73af-8ad3-5ed0-8296-0b7f4e5688fe

Feed Name: Dark Reading

Threat Score
85/100

Date Published: 2026-04-21

Date Updated: 2026-04-21

Author: Nate Nelson

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Mustang Panda (aka TA416) ran a spear-phishing campaign primarily targeting Indian financial institutions (notably HDFC Bank) while also luring US and Korean policy figures; attackers used DLL sideloading and registry persistence to deploy a modified LotusLite backdoor disguised as legitimate banking software for espionage rather than theft.

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