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:

  • HHS: Ransomware groups continue to target U.S. health sector

    January 25, 2023

    The Royal and Blackcat ransomware groups continue to aggressively target the U.S. health sector, according to a recent advisory from the Department of Health and Human Services. Just this week, the Washington Post described an apparent recent attack by Blackcat on NextGen Healthcare, a company that provides electronic health record and practice management software to ...

  • Data breach may have leaked classified law enforcement operations information to criminals

    January 24, 2023

    A company that provides tech solutions to law enforcement agencies has reportedly suffered a breach that might jeopardize ongoing police operations and undercover personnel. It is unclear if criminals currently under investigation have accessed the information, but the fact that cybercriminals have it and could potentially sell it is disturbing. On January 11, Wired reported that ...

  • ACSC Ransomware Profile – Royal

    January 24, 2023

    The Australian Cyber Security Centre (ACSC) is aware of a ransomware variant called Royal, which is being used by cybercriminals to conduct ransomware attacks against multiple sectors and organisations worldwide, including Australia. Once gaining access to a victim’s environment, cybercriminals use this ransomware for similar purposes to other variants such as encrypting their data and ...

  • Vice Society Ransomware Group Targets Manufacturing Companies

    January 24, 2023

    The Vice Society ransomware group made headlines in late 2022 and early 2023 during a spate of attacks against several targets, such as the one that affected the rapid transit system in San Francisco. Most reports have the threat actor focusing its efforts on the education and the healthcare industries. However, through Trend Micro’s telemetry data, ...

  • New wave of attacks use ProxyNotShell/OWASSRF vulnerabilities to target Microsoft Exchange

    January 24, 2023

    Researchers at S.C. Bitdefender SRL today warned of a new wave of attacks using known vulnerabilities to target Microsoft Exchange. The researchers started to notice an increase in attacks using ProxyNotShell/OWASSRF exploits to target on-premises Microsoft Exchange deployments at the end of November. The Server-Side Request Forgery attacks allow an attacker to send a crafted request ...

  • LastPass owner GoTo says hackers stole customers’ backups

    January 24, 2023

    LastPass’ parent company GoTo – formerly LogMeIn – has confirmed that cybercriminals stole customers’ encrypted backups during a recent breach of its systems. The breach was first confirmed by LastPass on November 30. At the time, LastPass chief executive Karim Toubba said an “unauthorized party” had gained access to some customers’ information stored in a third-party ...