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:

  • Hackers leak personal info allegedly stolen from 5.7M Gemini users

    December 15, 2022

    Gemini crypto exchange announced this week that customers were targeted in phishing campaigns after a threat actor collected their personal information from a third-party vendor. The notification comes after multiple posts on hacker forums seen by BleepingComputer offered to sell a database allegedly from Gemini containing phone numbers and email addresses of 5.7 million users. Read more… Source: ...

  • Sting op takes down 50 DDoS-for-hire domains

    December 15, 2022

    Police around the globe have seized as many as 50 internet domains said to be involved in tens of millions of distributed-denial-of-service (DDoS) attacks worldwide. Seven people were collared during the swoop. The so-called “booter” websites sold “some of the world’s leading DDoS-for-hire services,” allowing paying customers to launch these networking-flooding cyberattacks against chosen victims, according ...

  • Ukrainian government networks breached via trojanized Windows 10 installers

    December 15, 2022

    Ukrainian government entities were hacked in targeted attacks after their networks were first compromised via trojanized ISO files posing as legitimate Windows 10 installers. These malicious installers delivered malware capable of collecting data from compromised computers, deploying additional malicious tools, and exfiltrating stolen data to attacker-controlled servers. One of the ISOs pushed in this campaign was hosted ...

  • Hackers target Japanese politicians with new MirrorStealer malware

    December 15, 2022

    A hacking group tracked as MirrorFace has been targeting Japanese politicians for weeks before the House of Councilors election in July 2022, using a previously undocumented credentials stealer named ‘MirrorStealer.’ The campaign was discovered by ESET, whose analysts report they could piece together evidence thanks to operational mistakes made by the hackers that left traces behind. The ...

  • Reassessing cyberwarfare. Lessons learned in 2022

    December 14, 2022

    At this point, it has become cliché to say that nothing in 2022 turned out the way we expected. We left the COVID-19 crisis behind hoping for a long-awaited return to normality and were immediately plunged into the chaos and uncertainty of a twentieth-century-style military conflict that posed serious risks of spreading over the continent. ...

  • Cyber Signals: Risks to critical infrastructure on the rise

    December 14, 2022

    Today, the third edition of Cyber Signals was released spotlighting security trends and insights gathered from Microsoft’s 43 trillion daily security signals and 8,500 security experts. In this edition, we share new insights on wider risks that converging IT, Internet of Things (IoT), and operational technology (OT) systems pose to critical infrastructure. Cyber Signals presents ...