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:

  • New Android malware bypasses multi-factor authentication to steal your passwords

    June 16, 2022

    A newly discovered form of Android malware steals passwords, bank details and cryptocurrency wallets from users – and it does so by bypassing multi-factor authentication protections. The malware has been detailed by cybersecurity researchers at F5 Labs, who’ve dubbed it MaliBot. It’s the latest in a string of powerful malware targeting Android users. In addition to remotely ...

  • A hacker group said it has broken into the Israeli electricity network

    June 16, 2022

    A hacker group identifying itself as the “Moses Staff” said it has broken into the Israeli electricity network, vowing to plunge the regime into darkness. The group said on Wednesday it had targeted the Israel Electric Corporation, the largest supplier of electrical power in the occupied territories, as well as Dorad Energy Ltd., which serves customers ...

  • 730K WordPress sites force-updated to patch critical plugin bug

    June 16, 2022

    WordPress sites using Ninja Forms, a forms builder plugin with more than 1 million installations, have been force-updated en masse this week to a new build that addresses a critical security vulnerability likely exploited in the wild. The vulnerability is a code injection vulnerability affecting multiple Ninja Forms releases, starting with version 3.0 and up. Wordfence threat ...

  • Extortion gang ransoms Shoprite, largest supermarket chain in Africa

    June 15, 2022

    Shoprite Holdings, Africa’s largest supermarket chain that operates almost three thousand stores across twelve countries in the continent, has been hit by a ransomware attack. Shoprite is Africa’s largest supermarket chain, with a revenue of $5.8 billion and149,000 employees. The retailer has 2,943 stores, serving millions of customers in South Africa, Nigeria, Ghana, Madagascar, Mozambique, Namibia, ...

  • Hundreds arrested and millions seized in global INTERPOL operation against social engineering scams

    June 15, 2022

    LYON, France — A worldwide crackdown on social engineering fraud has seen scammers identified globally, substantial criminal assets seized and new investigative leads triggered in every continent. The two-month (8 March – 8 May 2022) Operation, codenamed First Light 2022, saw 76 countries take part in an international clampdown on the organized crime groups behind telecommunications ...

  • Malaysia-linked DragonForce hacktivists attack Indian targets

    June 15, 2022

    A Malaysia-linked hacktivist group has attacked targets in India, seemingly in reprisal for a representative of the ruling Bharatiya Janata Party (BJP) making remarks felt to be insulting to the prophet Muhammad. The BJP has ties to the Hindu Nationalist movement that promotes the idea India should be an exclusively Hindu nation. During a late May ...