Qilin Leads April 2025 Ransomware Spike with 45 Breaches Using NETXLOADER Malware

Threat actors with ties to the Qilin ransomware family have leveraged malware known as SmokeLoader along with a previously undocumented .NET compiled loader codenamed NETXLOADER as part of a campaign observed in November 2024. “NETXLOADER is a new .NET-based loader that plays a critical role in cyber attacks,” Trend Micro researchers Jacob Santos, Raymart Yambot, John Rainier Navato, Sarah Pearl