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AVRecon Botnet Leveraging Compromised Routers to Fuel Illegal Proxy Service

AVRecon Botnet Leveraging Compromised Routers to Fuel Illegal Proxy Service

Jul 31, 2023 Network Security / Botnet
More details have emerged about a botnet called  AVRecon , which has been observed making use of compromised small office/home office (SOHO) routers as part of a multi-year campaign active since at least May 2021. AVRecon was  first disclosed  by Lumen Black Lotus Labs earlier this month as malware capable of executing additional commands and stealing victim's bandwidth for what appears to be an illegal proxy service made available for other actors. It has also surpassed QakBot in terms of scale, having infiltrated over 41,000 nodes located across 20 countries worldwide. "The malware has been used to create residential proxy services to shroud malicious activity such as password spraying, web-traffic proxying, and ad fraud," the researchers said in the report. This has been corroborated by new findings from KrebsOnSecurity and Spur.us, which last week  revealed  that "AVrecon is the malware engine behind a 12-year-old service called SocksEscort, which rents hacke
Authorities Shut Down Russian RSOCKS Botnet That Hacked Millions of Devices

Authorities Shut Down Russian RSOCKS Botnet That Hacked Millions of Devices

Jun 18, 2022
The U.S. Department of Justice (DoJ) on Thursday disclosed that it took down the infrastructure associated with a Russian botnet known as RSOCKS in collaboration with law enforcement partners in Germany, the Netherlands, and the U.K. The botnet, operated by a sophisticated cybercrime organization, is believed to have ensnared millions of internet-connected devices, including Internet of Things (IoT) devices, Android phones, and computers for use as a proxy service. Botnets, a constantly evolving threat, are networks of hijacked computer devices that are under the control of a single attacking party and are used to facilitate a variety of large-scale cyber intrusions such as distributed denial-of-service (DDoS) attacks, email spam, and cryptojacking. "The RSOCKS botnet offered its clients access to IP addresses assigned to devices that had been hacked," the DoJ  said  in a press release. "The owners of these devices did not give the RSOCKS operator(s) authority to ac
Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Cybersecurity Tactics FinServ Institutions Can Bank On in 2024

Feb 14, 2024Financial Security / Cyber Threats
The landscape of cybersecurity in financial services is undergoing a rapid transformation. Cybercriminals are exploiting advanced technologies and methodologies, making traditional security measures obsolete. The challenges are compounded for community banks that must safeguard sensitive financial data against the same level of sophisticated threats as larger institutions, but often with more limited resources. The FinServ Threat Landscape Recent trends show an alarming increase in sophisticated cyber-attacks. Cybercriminals now deploy advanced techniques like deep fake technology and AI-powered attacks, making it increasingly difficult for banks to differentiate between legitimate and malicious activities. These developments necessitate a shift towards more sophisticated and adaptive cybersecurity measures. Take these industry statistics, for example. Financial firms report 703 cyberattack attempts per week.1 On average, 270 attacks (entailing unauthorized access of data, appl
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