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:

  • The evolution of a Mac trojan: UpdateAgent’s progression

    February 3, 2022

    Discovery and analysis by Microsoft researchers of a sophisticated Mac trojan in October exposed a year-long evolution of a malware family—and depicts the rising complexity of threats across platforms. The trojan, tracked as UpdateAgent, started as a relatively basic information-stealer but was observed distributing secondary payloads in the latest campaign, a capability that it added ...

  • Russia’s Gamaredon aka Primitive Bear APT Group Actively Targeting Ukraine

    February 3, 2022

    Since November, geopolitical tensions between Russia and Ukraine have escalated dramatically. It is estimated that Russia has now amassed over 100,000 troops on Ukraine’s eastern border, leading some to speculate that an invasion may come next. On Jan. 14, 2022, this conflict spilled over into the cyber domain as the Ukrainian government was targeted with ...

  • North Korea Hacked Him. So He Took Down Its Internet

    February 2, 2022

    For the past two weeks, observers of North Korea’s strange and tightly restricted corner of the internet began to notice that the country seemed to be dealing with some serious connectivity problems. On several different days, practically all of its websites—the notoriously isolated nation only has a few dozen—intermittently dropped offline en masse, from the ...

  • UEFI firmware vulnerabilities affect at least 25 computer vendors

    February 2, 2022

    Researchers from firmware protection company Binarly have discovered critical vulnerabilities in the UEFI firmware from InsydeH2O used by multiple computer vendors such as Fujitsu, Intel, AMD, Lenovo, Dell, ASUS, HP, Siemens, Microsoft, and Acer. UEFI (Unified Extensible Firmware Interface) software is an interface between a device’s firmware and the operating system, which handles the booting process, ...

  • Arid Viper APT targets Palestine with new wave of politically themed phishing attacks, malware

    February 2, 2022

    Cisco Talos has identified a new wave of what is believed to be an ongoing campaign using the Delphi malware since 2017. Talos believes with high confidence that this is the work of the Arid Viper threat actor. This is a group believed to be based out of Gaza that’s known to target organizations all ...

  • FBI: Scammers Exploit Security Weaknesses on Job Recruitment Websites to Impersonate Legitimate Businesses, Threatening Company Reputation and Defrauding Job Seekers

    February 1, 2022

    The FBI warns that malicious actors or ‘scammers’ continue to exploit security weaknesses on job recruitment websites to post fraudulent job postings in order to trick applicants into providing personal information or money. These scammers lend credibility to their scheme by using legitimate information to imitate businesses, threatening reputational harm for the business and financial ...