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:

  • CISA Releases Three Industrial Control Systems Advisories

    October 20, 2022

    CISA has released three (3) Industrial Control Systems (ICS) advisories on October 20, 2022. These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. CISA encourages users and administrators to review the newly released ICS advisories for technical details and mitigations: ICSA-22-293-01 Bentley Systems MicroStation Connect ICSMA-21-294-01 B Braun Infusomat Space Large Volume Pump ...

  • From RM3 to LDR4: URSNIF Leaves Banking Fraud Behind

    October 20, 2022

    A new variant of the URSNIF malware, first observed in June 2022, marks an important milestone for the tool. Unlike previous iterations of URSNIF, this new variant, dubbed LDR4, is not a banker, but a generic backdoor (similar to the short-lived SAIGON variant), which may have been purposely built to enable operations like ransomware and ...

  • CISA Updates Advisory on Threat Actors Exploiting Multiple CVEs Against Zimbra Collaboration Suite

    October 19, 2022

    CISA and the Multi-State Information Sharing & Analysis Center (MS-ISAC) have updated joint Cybersecurity Advisory AA22-228A: Threat Actors Exploiting Multiple CVEs Against Zimbra Collaboration Suite, originally released August 16, 2022. The advisory has been updated to reference the addition of a new Malware Analysis Report, MAR-10398871.r1.v2. CISA encourages organizations to review the latest update to AA22-228A ...

  • ‘Fully undetectable’ Windows backdoor gets detected

    October 18, 2022

    SafeBreach Labs says it has detected a novel fully undetectable (FUD) PowerShell backdoor, which calls into question the accuracy of threat naming. More significantly, the malware may backdoor your Windows system by masquerading as part of the update process. Tomer Bar, director of security research at SafeBreach, explains in an advisory that the software nasty and associated ...

  • Spyder Loader: Malware Seen in Recent Campaign Targeting Organizations in Hong Kong

    October 18, 2022

    Symantec has observed a likely continuation of the Operation CuckooBees activity, this time targeting organizations in Hong Kong. Operation CuckooBees was first documented in May 2022 by researchers at Cybereason, who said the intelligence-gathering campaign had been operating under the radar since at least 2019, stealing intellectual property and other sensitive data from victims. The victims observed ...

  • CISA Releases Two Industrial Control Systems Advisories

    October 18, 2022

    CISA released two Industrial Control Systems (ICS) advisories on October 18, 2022. These advisories provide timely information about current security issues, vulnerabilities, and exploits surrounding ICS. CISA encourages users and administrators to review the newly released ICS advisories for technical details and mitigations: ICSA-22-291-01 Advantech R-SeeNet ICSA-21-336-06 Hitachi Energy APM Edge (Update A) Read more… Source: U.S. Cybersecurity and Infrastructure ...