Regions Targeted: Israel
Related Families: HOLLOWGRAPH, Cavern Framework
Executive Summary
Industry researchers identified HOLLOWGRAPH, a newly discovered malware component that it attributes with high confidence to the Cavern backdoor framework. Rather than relying on traditional command-and-control (C2) infrastructure, HOLLOWGRAPH abuses the Microsoft Graph API to transform a compromised Microsoft 365 calendar into a covert communications channel for receiving commands and exfiltrating stolen data. The campaign appears highly targeted, with at least 12 identified victims, primarily Israeli organizations, and only a small subset actively communicating with attacker infrastructure, suggesting a disciplined espionage operation.