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The SmokeLoader malware has been observed in a new campaign targeting Taiwanese companies across various sectors, including manufacturing, healthcare, and IT. Unlike previous campaigns where SmokeLoader acted as a downloader for other malware, this campaign directly executes the attack by downloading and executing malicious plugins from its C2 server. This approach enhances its capability and evasiveness. The malware utilizes social engineering techniques, such as personalized emails with generic content, to enhance its success rate.