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:

  • Critically Underrated: Studying the Data Distribution Service (DDS) Protocol

    April 19, 2022

    Despite being unknown even to industry practitioners, the Data Distribution Service (DDS) protocol has been in use for more than a decade. This middleware software technology is responsible for running billions of public and private devices and mechanisms currently in use. DDS is integral in embedded systems that require real-time machine-to-machine communication, facilitating a reliable ...

  • TraderTraitor: North Korean State-Sponsored APT Targets Blockchain Companies

    April 18, 2022

    The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) are issuing this joint Cybersecurity Advisory (CSA) to highlight the cyber threat associated with cryptocurrency thefts and tactics used by a North Korean state-sponsored advanced persistent threat (APT) group since at least 2020. This group is commonly ...

  • UK Prime Minister, Catalan groups ‘targeted by NSO Pegasus spyware’

    April 18, 2022

    Citizen Lab has reported finding suspected surveillance software on devices associated with both the UK Prime Minister’s Office and what was formerly called the British Foreign and Commonwealth Office. The Canadian research outfit also said it had identified at least 65 individuals linked with Catalan civil society groups in Spain who were targeted by, or infected ...

  • Lazarus Targets Chemical Sector

    April 14, 2022

    Symantec, a division of Broadcom Software, has observed the North Korea-linked advanced persistent threat (APT) group known as Lazarus conducting an espionage campaign targeting organizations operating within the chemical sector. The campaign appears to be a continuation of Lazarus activity dubbed Operation Dream Job, which was first observed in August 2020. Symantec tracks this sub-set ...

  • US Treasury links North Korean hacker group Lazarus to $600M Axie Infinity heist

    April 14, 2022

    The US Treasury Department on Thursday linked a notorious North Korean hacking group to a massive $600 million cyber breach last month. The connection was clear when the Treasury Department updated its sanctions listing for the hacking group, called Lazarus Group. The federal agency added a cryptocurrency address that was used to steal $600 million from ...

  • Coordinated Vulnerability Disclosure policies in the EU

    April 13, 2022

    Vulnerability disclosure has become the focus of attention of cybersecurity experts engaged in strengthening the cybersecurity resilience of the European Union. The valid source of concern comes from the cybersecurity threats looming behind vulnerabilities, as demonstrated by the impact of the Log4Shell vulnerability. Security researchers and ethical hackers constantly scrutinise ICT systems – both open source ...