Proxyjacking: The Latest Cybercriminal Side Hustle

In this presentation, attendees will delve deep into the emergent cyber threat landscape, specifically focusing on the rising threat of proxyjacking - the unauthorized exploitation of a user's internet bandwidth for profit. Drawing parallels with cryptojacking, we will walk you through the mechanics of these attacks, their impact, and their evolution in the world of cybercrime.

We'll also unpack a detailed case study examining a compromised server used for proxyjacking, shedding light on the modus operandi of threat actors and their innovative monetization strategies. In examining this specific cybercrime operation, attendees will gain a comprehensive understanding of the methodologies employed by modern threat actors.

My presentation will provide actionable takeaways on how to effectively defend against these threats. Emphasizing the importance of fundamental security practices, we will outline the value of strong passwords, patch management, meticulous logging, and intrusion detection/prevention systems.

As part of this, attendees will learn about the telltale signs of proxyjacking and cryptojacking and how to identify and respond to these threats both in personal and professional environments. Furthermore, we will illustrate how these stealthy attacks form a critical tool in the arsenal of modern cybercriminals and their far-reaching implications for security at both organizational and individual levels.

The presentation aims to equip attendees with an understanding of the current threat landscape, the knowledge to detect these cyber threats, and practical strategies to mitigate them. This session is crucial for anyone keen on enhancing their understanding of emerging cyber threats and strengthening their cybersecurity defenses.

SANS HackFest Summit 2023
Proxyjacking: The Latest Cybercriminal Side Hustle
Allen West, Security Researcher – Security Intelligence Response Team (SIRT), Akamai Technologies, Inc.

View upcoming Summits: http://www.sans.org/u/DuS