Inside Water Barghest’s Rapid Exploit-to-Market Strategy for IoT Devices

November 18, 2024 at 04:27AM Water Barghest, estimated to control over 20,000 IoT devices by October 2024, exploits vulnerabilities to monetize them as proxies on a marketplace. Utilizing automated scripts and the Ngioweb malware, the process from infection to marketplace availability can be completed in under 10 minutes, highlighting its operational efficiency. **Meeting Notes Takeaways: … Read more