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:

  • TeamTNT Campaigns Emphasize Importance of Addressing Cloud Security Gaps

    July 20, 2021

    Having covered TeamTNT in several of our blog entries over the past couple of years, we embarked on a research that encompasses the malicious actor group’s campaigns, tools, and techniques in 2020 and early 2021. Although believed to have been active since 2011, TeamTNT stayed under the radar for many years before exploding onto the scene ...

  • Safeguarding Critical Infrastructure Against Threats From The People’s Republic Of China

    July 19, 2021

    As today’s announcement from the White House indicates, the cyber threat from the People’s Republic of China (PRC) continues to evolve and poses a real risk to the nation’s critical infrastructure, as well as businesses and organization of all sizes at home and around the world. CISA regularly shares actionable information to help security professionals ...

  • Saudi Aramco data breach sees 1 TB stolen data for sale

    July 19, 2021

    Attackers have stolen 1 TB of proprietary data belonging to Saudi Aramco and are offering it for sale on the darknet. The Saudi Arabian Oil Company, better known as Saudi Aramco, is one of the largest public petroleum and natural gas companies in the world. The oil giant employs over 66,000 employees and brings in almost $230 ...

  • iPhones running latest iOS hacked to deploy NSO Group spyware

    July 19, 2021

    Human rights non-governmental organization Amnesty International and non-profit project Forbidden Stories revealed in a recent report that they found spyware made by Israeli surveillance firm NSO Group deployed on iPhones running Apple’s latest iOS release, hacked using zero-day zero-click iMessage exploits. “Amnesty International has observed evidence of compromise of the iPhone XR of an Indian journalist ...

  • CISA: Chinese State-Sponsored Cyber Operations – Observed TTPs

    July 19, 2021

    The National Security Agency, Cybersecurity and Infrastructure Security Agency (CISA), and Federal Bureau of Investigation (FBI) assess that People’s Republic of China state-sponsored malicious cyber activity is a major threat to U.S. and Allied cyberspace assets. Chinese state-sponsored cyber actors aggressively target U.S. and allied political, economic, military, educational, and critical infrastructure (CI) personnel and ...

  • iPhone WiFi bug morphs into zero-click hacking, but there’s a fix

    July 19, 2021

    Security researchers investigating a bug that crashed the Wifi service on iPhones found that it could be exploited for remote code execution without user interaction. When initially disclosed, the bug could disable an iPhone’s WiFi connection after trying to connect to a network with a name (SSID) that included a special character. Read more… Source: Bleeping Computer