Answer
Yes, Titan Rain itself isn't a specific piece of cyber malware, the techniques and tools used in the campaign certainly fit the characteristics of cyber malware.
Work Step by Step
Titan Rain is a series of coordinated cyber attacks that have been targeting U.S. government agencies, defense contractors, and other entities since around 2003. They involved a series of cyber espionage activities using different tools and techniques, including malware. Titan Rain itself isn't a single piece of malware but a coordinated cyber espionage campaign.