Inside Water Barghest’s Rapid Exploit-to-Market Strategy for IoT Devices


There is a big incentive for both espionage motivated actors and financially motivated actors to set up proxy botnets. These can serve as an anonymization layer, which can provide plausibly geolocated IP addresses to scrape contents of websites, access stolen or compromised online assets, and launch cyber-attacks.

Examples of proxy botnets set up by advanced persistent threat (APT) actors are the VPNFilter botnet and Cyclops Blink, both deployed by Sandworm and disrupted by the Federal Bureau of Investigation (FBI) in 2018 and 2022, respectively. Another example is the SOHO botnet alleged to be operated by a Chinese company called the Beijing Integrity Technology Group; this botnet was disrupted in September 2024 by the FBI.

Read more…
Source: Trend Micro


Sign up for our Newsletter


Related:

  • South Africa’s trade regulator ITAC hit by cyber attack

    April 16, 2024

    According to the organisation, the attack happened in January, leading to the exposure of the personal information of stakeholders. ITAC is an institution dedicated to promoting fair trade in South Africa in order to enhance economic growth and development. The site includes trade and tariff services as well as import and export control services. In a ...

  • MGM files suit against FTC to block cyber attack investigation

    April 16, 2024

    MGM filed the suit yesterday (15 April) in Washington’s federal court against both the FTC and Lina M Khan as FTC chair. The suit refers to the large-scale cyber attack launched against MGM in September last year. MGM was forced to shut down certain systems across its US properties due to the attack. Access to MGM ...

  • Best Practices for Deploying Secure and Resilient AI Systems

    April 15, 2024

    Deploying artificial intelligence (AI) systems securely requires careful setup and configuration that depends on the complexity of the AI system, the resources required (e.g., funding, technical expertise), and the infrastructure used (i.e., on premises, cloud, or hybrid). This report expands upon the ‘secure deployment’ and ‘secure operation and maintenance’ sections of the Guidelines for secure AI ...

  • SteganoAmor campaign: TA558 mass-attacking companies and public institutions all around the world

    April 15, 2024

    Researchers from the Positive Technologies Expert Security Center discovered more than three hundred attacks worldwide, which they confidently attributed to the well-known TA558 group. As originally described by researchers at ProofPoint, TA558 is a relatively small financially motivated cybercrime group that has attacked hospitality and tourism organizations mainly in Latin America, but has also been identified ...

  • Change Healthcare faces another ransomware threat – and it looks credible

    April 12, 2024

    For months, Change Healthcare has faced an immensely messy ransomware debacle that has left hundreds of pharmacies and medical practices across the United States unable to process claims. Now, thanks to an apparent dispute within the ransomware criminal ecosystem, it may have just become far messier still. In March, the ransomware group AlphV, which had claimed ...

  • “Highly capable” hackers root corporate networks by exploiting Palo Alto Networks firewall 0-day

    April 12, 2024

    Highly capable hackers are rooting multiple corporate networks by exploiting a maximum-severity zero-day vulnerability in a firewall product from Palo Alto Networks, researchers said Friday. The vulnerability, which has been under active exploitation for at least two weeks now, allows the hackers with no authentication to execute malicious code with root privileges, the highest possible level ...