Saturday, 2 July 2016

LizardStresser botnet is allowing hackers use the Internet of Things to target banking sites

The LizardStresser botnet, originally created by hacker group Lizard Squad, has now found a favoured place among hackers. An increasing number of criminals are using the botnet to target and hijack Internet of Things (IoT) devices to launch distributed denial of service (DDoS) attacks on banking, gaming and government websites.

Security firm Arbour Networks has since been tracking LizardStresser’s activities since the botnet’s source code was released to the public in 2015. The firm has noted “two disturbing trends” – the botnet has seen a steady rise in command and control (C&C) servers throughout 2016 and users are hijacking IoT devices by accessing them using default passwords their owners fail to change.Arbour Network’s Mathew Bing said in a company blog post: “Utilising the cumulative bandwidth available to these IoT devices, one group of threat actors has been able to launch attacks as large as 400Gbps targeting gaming sites world-wide, Brazilian financial institutions, ISPs and government institutions.” For the full article click here 



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