E4del and PINHOLE RATs Turn FTP Banners Into Dead Drops for Malware Commands

By George Bailey   Published: 08/25/26   3 min read
E4del and PINHOLE RATs Turn FTP Banners Into Dead Drops for Malware Commands

What SOCRadar Found

The Hacker News says SOCRadar observed two previously unreported RAT campaigns, E4del and PINHOLE, using FTP banners as dead drop resolvers. Instead of hiding the next-stage location in a web page or cloud document, the attacker stores commands inside the protocol's initial banner response.

The researchers note this is creative rather than perfectly stealthy. Outbound FTP to unknown servers should look stranger than ordinary web traffic, but many teams still are not watching for banner content to matter operationally.

How E4del Gets In

One chain described by SOCRadar starts with Spanish-language voucher lures that convince the victim to launch a Windows shortcut. That LNK fetches the next-stage command from an FTP banner, which then pulls a DLL from WebDAV and runs it via rundll32.exe using conhost.

The end state is E4del, a Node.js-based RAT embedded inside a digitally signed Electron application masquerading as Discord. The malware supports persistence, system fingerprinting, encrypted C2, reverse shell access, screenshots, live desktop streaming, file download, and additional payload delivery.

How PINHOLE Raises The Bar

PINHOLE uses another FTP banner path that drives PowerShell through the MSXML2.XMLHTTP COM object to pull a secondary script from infrastructure fronted through Cloudflare Workers. SOCRadar says the malware chain goes through six unpacking layers, uses Halo's Gate to evade security tooling, and then hands the payload to an Early Bird APC Injection routine inside a legitimate suspended process.

The final RAT supports 14 commands, including file enumeration, upload and exfiltration, process listing and termination, screenshots, PowerShell execution, and a browser-stealer module that researchers had not fully resolved at the time of writing.

What Defenders Should Hunt

Source Context

CyberExperts used The Hacker News as the primary source and preserved the operational details worth carrying forward: FTP banners as DDRs, the voucher-lure-to-LNK-to-WebDAV E4del chain, the Node.js RAT inside a signed Electron app, the PINHOLE use of Cloudflare Workers, Halo's Gate, Early Bird APC Injection, and the attacker's FTP stats panel.

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George Bailey

George Bailey is a cybersecurity researcher and writer at CyberExperts, covering cyber threats, AI, cloud security, vulnerabilities, and defensive strategies. His goal is to help security professionals quickly understand what matters most and how it impacts their organizations.

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