PIKABOT is a polymorphic malware that constantly modifies its code, making it hard to recognize and easily bypasses the Endpoint Detection and Response (EDR) systems.  Obfuscation, encryption, and anti-analysis techniques help the object avoid these traditional security measures.  PIKABOT is able to avoid signature-based detection by dynamically changing its structure, which makes it harder for EDR solutions to keep up with their ever-changing behaviors. Cybersecurity researchers at Elastic Security Labs recently discovered new and upgraded PIKABOT campaigns on February 8th.

Source: GBHackers