Inside the Payload: Manual Shellcode Analysis with Ghidra

Original text by Matthew

The article explains a practical workflow for manually analyzing malicious Windows shellcode using Ghidra and a debugger such as x32dbg. Instead of relying on automated emulators, the author demonstrates how to perform manual reverse engineering to understand the behavior of shellcode used by frameworks like Cobalt Strike. The tutorial begins with…

https://core-jmp.org/2026/03/inside-the-payload-manual-shellcode-analysis-with-ghidra/