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:

  • FBI: Iranian State Actors Conduct Cyber Operations Against the Government of Albania

    September 21, 2022

    The Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) are releasing this joint Cybersecurity Advisory to provide information on recent cyber operations against the Government of Albania in July and September. This advisory provides a timeline of activity observed, from initial access to execution of encryption and wiper attacks. Additional information ...

  • Israel has foiled dozens of cyber attacks by Iran over last year, IDF says

    September 21, 2022

    The IDF’s network, said to be the largest in the Middle East, is constantly being threatened, and the military has identified an increase of 70% in hostile activity in recent years. Though the majority of attacks were identified and thwarted ahead of time, the significant increase in attempts worries the IDF. “In the past year, the ...

  • Atlassian Confluence Vulnerability CVE-2022-26134 Abused For Cryptocurrency Mining, Other Malware

    September 21, 2022

    Trend Micro researchers observed the active exploitation of CVE-2022-26134, an unauthenticated remote code execution (RCE) vulnerability with a critical rating of 9.8 in the collaboration tool Atlassian Confluence. The gap is being abused for malicious cryptocurrency mining. Confluence has already released a security advisory detailing the fixes necessary for all affected products, namely all versions ...

  • MFA Fatigue: Hackers’ new favorite tactic in high-profile breaches

    September 20, 2022

    Hackers are more frequently using social engineering attacks to gain access to corporate credentials and breach large networks. One component of these attacks that is becoming more popular with the rise of multi-factor authentication is a technique called MFA Fatigue. When breaching corporate networks, hackers commonly use stolen employee login credentials to access VPNs and the ...

  • Security Risks in Logistics APIs Used by E-Commerce Platforms

    September 20, 2022

    The connectivity that we’ve experienced of late has improved at an unprecedented speed and scale largely because application programming interfaces (APIs) enable the seamless integration of different systems from different entities. APIs integrate data and services between businesses and third-party vendors to address various market needs, enhance the provision of services, and obtain consumer insights, ...

  • CISA Releases Eight industrial Control Systems Advisories

    September 19, 2022

    CISA has released eight (8) Industrial Control Systems (ICS) advisories on September 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-22-263-01 Hitachi Energy PROMOD IV • ICSA-22-263-02 Hitachi Energy AFF660/665 Series • ICSMA-22-263-01 ...