Researcher's Notebook: Hunting Megalodon Fossils

The "megalodon" supply chain attack starting on approximately May 18, 2026 compromised numerous GitHub Action YAML configuration files with a base64 encoded malicious script. The C2 used in this campaign was hosted on the IP address 216.126.225[.]129. By analyzing the response content from the web server running on this IP, the campaign is found to be related to an earlier attack that included a similar credential stealer script as well as a coin miner in a malicious Docker container.

The Script: Malicious GitHub Actions

As reported on X by user @abh1sek, a large number of repositories were compromised and malicious GitHub actions were added to the CI configuration YAML as a base64-encoded malicious script. One example of this script is shown in the following figure.

Figure 1: Malicious GitHub Action with Base64 encoded script

Decoding the base64 reveals the malicious script. The C2 URL is highlighted at the top of the next figure.

Figure 2: Base64-decoded malicious script with C2 URL highlighted

URL analysis in Spectra Analyze shows the C2 to be hosted on RouterHosting LLC (ASN 14956). The campaign string "megalodon" can be seen in the query as well as "gh_dump" indicating GitHub dump.

Figure 3: C2 URL analysis in Spectra Analyze

The C2 response content, when it does not receive the expected request from a malicious script, contains help text from the C2 software. This help text can be seen in the following figure.

Preview Sample / Visualization

Figure 4: C2 help text response

Notice that the exfiltrated data from GitHub repos is written to files in a directory in root named "loot". The next line in the help text contains the same set of query keys as the C2 URL collected from the malicious GitHub action. This whole line of text can be converted into a YARA hexadecimal string so that escapes are not needed.

00000000  50 4f 53 54 20 2f 61 6e 79 20 3f 68 3d 26 6c 3d  |POST /any ?h=&l=|
00000010  26 69 64 3d 26 74 3d 20 20 62 6f 64 79 3d 72 61  |&id=&t=  body=ra|
00000020  77 20 62 79 74 65 73                             |w bytes|

The result is the YARA rule seen in the next figure. This rule is also provided at the end of this blog post.

Figure 5: Megalodon C2 detection YARA rule

Performing a retrohunt in Spectra Analyze reveals similar C2 response content collected two weeks ago on May 8, 2026. The results of the hunt are shown in the next figure.

Figure 6: YARA retro hunt revealing historical C2 response content

The location that this response content was collected from is shown in the Network Locations list. In the next figure, it shows the related C2 URL from the related campaign from two weeks ago. The campaign name embedded in this URL is cp2.hostable[.]com. This is shown in the next figure.

Figure 7: Historical C2 URL

An OSINT search for the IP address of this prior campaign reveals a few different reports about the activity. These are shown in the following two figures.

Figure 8: Reporting on Reddit about related campaign

Salah-Eddine El Ouali's Post

Figure 9: Reporting on LinkedIn about related campaign

Trusted CI infrastructure is the target

The megalodon campaign highlights how rapidly large scale supply chain attacks can spread through trusted CI infrastructure. By pivoting from the malicious GitHub Action payload to the C2 response content and historical telemetry, it is possible to connect this activity to an earlier credential theft and cryptomining campaign. This demonstrates the value of retrohunting in associating current threats with prior campaigns and adversary activity.

IOCs

hxxp[://]216[.]126[.]225[.]129:8443?h=megalodon&l=gh_dump&id=4ny72dgixww6
hxxp[://]144[.]172[.]116[.]48:8080/?h=cp2[.]hostable[.]com&l=found&id=94f7511e-08d6-421e-bdc1-d420f4c93d331777695161953

YARA Rule

rule Megalodon_C2_1
{
    meta:
        author = "Malware Utkonos"
        date = "2026-05-21"
        description = "Detects Megalodon C2 response content."
    strings:
        $body = { 504F5354 202F616E 79203F68 3D266C3D 2669643D
                  26743D20 20626F64 793D7261 77206279 746573 }
    condition:
        $body
}