Billbug, known as Lotus Panda, is a China-linked cyber-operations group using custom malware to target government and private sectors in Southeast Asia, including Hong Kong, Taiwan, and Vietnam. Employing various malware variants, such as Elise and Sagerunex, they focus on cyber-espionage without branching into cybercrime,

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An Evolving Malware PlatformA Panda by Any Other Name ...

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