An IoT “Cannon” To “Bring Down The Web” Can Be Yours For Only $7,500

While an odd back and forth has emerged between Xiongmai, the Chinese video surveillance manufacturer whose “smart” video camera equipment was blamed by numerous sources blame for driving massive Internet attacks last Friday, accusations which the Chinese company first admitted by then denied, far bigger mass attacks may be in store. As Forbes first reported, hackers are now selling access to a huge army of hacked Internet of Things (IoT) devices designed to launch attacks capable of severely disrupting web connections. The finding was revealed just days after compromised cameras and other IoT machines were used in an attack that took down Twitter, Amazon Web Services, Netflix, Spotify and other major web companies.
In the report, RSA is said to have discovered several weeks ago that hackers were advertising access to a huge IoT botnet on an underground criminal forum, though the company declined to say which one. (F-Secure chief research officer Mikko Hypponen said on Twitter after publication that it was the Tor-based Alpha Bay market).
‘This is the first time we’ve seen an IoT botnet up for rent or sale, especially one boasting that amount of firepower. It’s definitely a worrying trend seeing the DDoS capabilities grow,’ said Daniel Cohen, head of RSA’s FraudAction business unit.

This post was published at Zero Hedge on Oct 24, 2016.