Security Magazine logo
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • NEWS
  • MANAGEMENT
  • PHYSICAL
  • CYBER
  • BLOG
  • COLUMNS
  • EXCLUSIVES
  • SECTORS
  • EVENTS
  • MEDIA
  • MORE
  • EMAG
  • SIGN UP!
cart
facebook twitter linkedin youtube
  • NEWS
  • Security Newswire
  • Technologies & Solutions
  • MANAGEMENT
  • Leadership Management
  • Enterprise Services
  • Security Education & Training
  • Logical Security
  • Security & Business Resilience
  • Profiles in Excellence
  • PHYSICAL
  • Access Management
  • Fire & Life Safety
  • Identity Management
  • Physical Security
  • Video Surveillance
  • Case Studies (Physical)
  • CYBER
  • Cybersecurity News
  • More
  • COLUMNS
  • Cyber Tactics
  • Leadership & Management
  • Security Talk
  • Career Intelligence
  • Leader to Leader
  • Cybersecurity Education & Training
  • EXCLUSIVES
  • Annual Guarding Report
  • Most Influential People in Security
  • The Security Benchmark Report
  • The Security Leadership Issue
  • Top Guard and Security Officer Companies
  • Top Cybersecurity Leaders
  • Women in Security
  • SECTORS
  • Arenas / Stadiums / Leagues / Entertainment
  • Banking/Finance/Insurance
  • Construction, Real Estate, Property Management
  • Education: K-12
  • Education: University
  • Government: Federal, State and Local
  • Hospitality & Casinos
  • Hospitals & Medical Centers
  • Infrastructure:Electric,Gas & Water
  • Ports: Sea, Land, & Air
  • Retail/Restaurants/Convenience
  • Transportation/Logistics/Supply Chain/Distribution/ Warehousing
  • EVENTS
  • Industry Events
  • Webinars
  • Solutions by Sector
  • Security 500 Conference
  • MEDIA
  • Videos
  • Podcasts
  • Polls
  • Photo Galleries
  • Videos
  • Cybersecurity & Geopolitical Discussion
  • Ask Me Anything (AMA) Series
  • MORE
  • Call for Entries
  • Classifieds & Job Listings
  • Continuing Education
  • Newsletter
  • Sponsor Insights
  • Store
  • White Papers
  • EMAG
  • eMagazine
  • This Month's Content
  • Advertise
Security Magazine logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Security Magazine logo
  • NEWS
    • Security Newswire
    • Technologies & Solutions
  • MANAGEMENT
    • Leadership Management
    • Enterprise Services
    • Security Education & Training
    • Logical Security
    • Security & Business Resilience
    • Profiles in Excellence
  • PHYSICAL
    • Access Management
    • Fire & Life Safety
    • Identity Management
    • Physical Security
    • Video Surveillance
    • Case Studies (Physical)
  • CYBER
    • Cybersecurity News
    • More
  • BLOG
  • COLUMNS
    • Cyber Tactics
    • Leadership & Management
    • Security Talk
    • Career Intelligence
    • Leader to Leader
    • Cybersecurity Education & Training
  • EXCLUSIVES
    • Annual Guarding Report
    • Most Influential People in Security
    • The Security Benchmark Report
    • The Security Leadership Issue
    • Top Guard and Security Officer Companies
    • Top Cybersecurity Leaders
    • Women in Security
  • SECTORS
    • Arenas / Stadiums / Leagues / Entertainment
    • Banking/Finance/Insurance
    • Construction, Real Estate, Property Management
    • Education: K-12
    • Education: University
    • Government: Federal, State and Local
    • Hospitality & Casinos
    • Hospitals & Medical Centers
    • Infrastructure:Electric,Gas & Water
    • Ports: Sea, Land, & Air
    • Retail/Restaurants/Convenience
    • Transportation/Logistics/Supply Chain/Distribution/ Warehousing
  • EVENTS
    • Industry Events
    • Webinars
    • Solutions by Sector
    • Security 500 Conference
  • MEDIA
    • Videos
      • Cybersecurity & Geopolitical Discussion
      • Ask Me Anything (AMA) Series
    • Podcasts
    • Polls
    • Photo Galleries
  • MORE
    • Call for Entries
    • Classifieds & Job Listings
    • Continuing Education
    • Newsletter
    • Sponsor Insights
    • Store
    • White Papers
  • EMAG
    • eMagazine
    • This Month's Content
    • Advertise
  • SIGN UP!
CybersecuritySecurity NewswireSecurity Enterprise ServicesCybersecurity News

Log4j bug being used in new malicious attacks

By Rachelle Blair-Frasier, Editor in Chief
laptop-with-padlock.jpg

Image via Unsplash

April 5, 2023

It has been more than a year since Apache released details on a critical vulnerability in Log4j, which made headlines and impacted organizations around the world, however threat actors are still exploiting it. This time through proxyjacking.

In a report released yesterday, the Sysdig’s Threat Research (TRT) has detected a new attack, dubbed proxyjacking, which leverages the Log4j vulnerability for initial access.

According to the report, the attacker then sells the victim’s IP addresses to proxyware services for profit. Proxyjacking is where a threat actor attempt to install proxyware — a legitimate network segmentation tool — on unsuspecting victims’ systems with the goal to resell bandwidth for as much as $10 per month per compromised device. This exposes the victims to additional costs and risks.

“While Log4j attacks are common, the payload used in this case was rare. Instead of the typical cryptojacking or backdoor payload, we witnessed the attacker installing an agent that turned the compromised account into a proxy server, allowing the attacker to sell the IP to a proxyware service and collect the profit,” the report stated.

While Log4j is not the only attack vector used for deploying proxyjacking malware, Sysdig said that vulnerability alone could theoretically provide more than $220,000 in profit per month. While some proxy services have restrictions regarding the types of IPs they will purchase and share, there are others that don’t.

While proxyjacking attacks may not be considered a serious threat and instead as simply nuisance malware, it shouldn’t be taken lightly. These type of attacks might not directly result in data destruction or intellectual property theft, they could be indirect results.

“What harm do proxyware services cause to their victims? It depends on the specific proxyware in use, but it can range from "nothing" to making the unsuspecting user the target in a criminal investigation,” said Vulcan Cyber Senior Technical Engineer Mike Parkin. “That last is very unlikely, but what is likely is them being part of some shady business they probably wouldn't approve of if they knew. Some of the proxyware apps are legitimate and fully above boards, but quite a few are somewhat questionable.”

Cybersecurity leaders weigh in

“Log4Shell should still be considered a threat to any organization that has not updated and applied patches to assets and products affected by it and other Log4J-related vulnerabilities,” said Zane Bond, head of product at Keeper Security. “Organizations must take a proactive approach to regularly updating software and immediately patching vulnerabilities that can be exploited in cyberattacks.”

“A critical aspect of protecting against proxyjacking is keeping threat actors out altogether,” Bond continued. “Defenders should focus on ensuring all endpoints (PCs/servers/phones/routers/etc…) are patched and up to date, and that antivirus and anti-malware solutions are deployed and up to date as well. All users with access to the network should also avoid making risky clicks or installing untrusted software and always follow password policies.”

Bond said that while not every attack can be prevented, steps can be taken to mitigate the access of cybercriminals and minimize impacts on systems, data and operations if a bad actor is able to get in.

“The most effective method for minimizing sprawl if an attack does occur is by investing in prevention with a zero trust and zero knowledge cybersecurity architecture that will limit, if not altogether prevent, a bad actor’s access,” he said.

“While it shouldn't be an issue, there is still a ‘long tail’ of systems vulnerable to the Log4J vulnerability that haven't been patched,” said Parkin. “The number of vulnerable systems keeps going down, but it'll still be a while before it reaches zero — either from all of them remaining ones being patched, or the remaining ones being found and exploited.”

KEYWORDS: cryptocurrencies cyber attack cyber threats malicious software vulnerability management

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Rachelle blairfrasier headshot white

Rachelle Blair-Frasier is Security magazine’s Editor in Chief. Blair-Frasier handles eMagazine features, as well as writes and publishes online news and web exclusives on topics including physical security, risk management, cybersecurity and emerging industry trends. She helps coordinate multimedia content and manages Security magazine's social media presence, in addition to working with security leaders to publish industry insights. Blair-Frasier brings more than 15 years of journalism and B2B writing and editorial experience to the role.

Recommended Content

JOIN TODAY
To unlock your recommendations.

Already have an account? Sign In

  • Security's Top Cybersecurity Leaders 2024

    Security's Top Cybersecurity Leaders 2024

    Security magazine's Top Cybersecurity Leaders 2024 award...
    Security Enterprise Services
    By: Security Staff
  • cyber brain

    The intersection of cybersecurity and artificial intelligence

    Artificial intelligence (AI) is a valuable cybersecurity...
    Cybersecurity
    By: Pam Nigro
  • artificial intelligence AI graphic

    Assessing the pros and cons of AI for cybersecurity

    Artificial intelligence (AI) has significant implications...
    Cybersecurity
    By: Charles Denyer
close

1 COMPLIMENTARY ARTICLE(S) LEFT

Loader

Already Registered? Sign in now.

Subscribe For Free!
  • Security eNewsletter & Other eNews Alerts
  • eMagazine Subscriptions
  • Manage My Preferences
  • Online Registration
  • Mobile App
  • Subscription Customer Service

The Money Laundering Machine: Inside the global crime epidemic - Episode 24

The Money Laundering Machine: Inside the global crime epidemic - Episode 24

Security’s Top 5 – 2024 Year in Review

Security’s Top 5 – 2024 Year in Review

Middle East Escalation, Humanitarian Law and Disinformation – Episode 25

Middle East Escalation, Humanitarian Law and Disinformation – Episode 25

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the Security audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of Security or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • Crisis Response Team
    Sponsored byEverbridge

    Automate or Fall Behind – Crisis Response at the Speed of Risk

  • Perimeter security
    Sponsored byAMAROK

    Why Property Security is the New Competitive Advantage

  • Duty of Care
    Sponsored byAMAROK

    Integrating Technology and Physical Security to Advance Duty of Care

Popular Stories

Computer with binary code hovering nearby

Cyberattacks Targeting US Increased by 136%

White post office truck

Department of Labor Sues USPS Over Texas Whistleblower Termination

Internal computer parts

Critical Software Vulnerabilities Rose 37% in 2024

Person holding large ball of twine

Preventing Burnout in The Security Industry

Harrods

Harrods’ Cyberattack: Cybersecurity Leaders Weigh In

2025 Security Benchmark banner

Events

September 29, 2025

Global Security Exchange (GSX)

 

November 17, 2025

SECURITY 500 Conference

This event is designed to provide security executives, government officials and leaders of industry with vital information on how to elevate their programs while allowing attendees to share their strategies and solutions with other security industry executives.

View All Submit An Event

Products

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

Security Culture: A How-to Guide for Improving Security Culture and Dealing with People Risk in Your Organisation

See More Products

Related Articles

  • smartwatch next to keyboard

    U.S. military members receive unsolicited smartwatches in the mail

    See More
  • Cybersecurity hand graphic

    Security leaders discuss new SEC disclosure rule as deadline nears

    See More
  • Ava Turner Leone | Supply Chain Security Manager — IonQ

    Ava Turner Leone | Women in Security 2024

    See More

Related Products

See More Products
  • databasehacker

    The Database Hacker's Handboo

See More Products
×

Sign-up to receive top management & result-driven techniques in the industry.

Join over 20,000+ industry leaders who receive our premium content.

SIGN UP TODAY!
  • RESOURCES
    • Advertise
    • Contact Us
    • Store
    • Want More
  • SIGN UP TODAY
    • Create Account
    • eMagazine
    • eNewsletter
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing

Security Magazine logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Security Magazine logo
  • NEWS
    • Security Newswire
    • Technologies & Solutions
  • MANAGEMENT
    • Leadership Management
    • Enterprise Services
    • Security Education & Training
    • Logical Security
    • Security & Business Resilience
    • Profiles in Excellence
  • PHYSICAL
    • Access Management
    • Fire & Life Safety
    • Identity Management
    • Physical Security
    • Video Surveillance
    • Case Studies (Physical)
  • CYBER
    • Cybersecurity News
    • More
  • BLOG
  • COLUMNS
    • Cyber Tactics
    • Leadership & Management
    • Security Talk
    • Career Intelligence
    • Leader to Leader
    • Cybersecurity Education & Training
  • EXCLUSIVES
    • Annual Guarding Report
    • Most Influential People in Security
    • The Security Benchmark Report
    • The Security Leadership Issue
    • Top Guard and Security Officer Companies
    • Top Cybersecurity Leaders
    • Women in Security
  • SECTORS
    • Arenas / Stadiums / Leagues / Entertainment
    • Banking/Finance/Insurance
    • Construction, Real Estate, Property Management
    • Education: K-12
    • Education: University
    • Government: Federal, State and Local
    • Hospitality & Casinos
    • Hospitals & Medical Centers
    • Infrastructure:Electric,Gas & Water
    • Ports: Sea, Land, & Air
    • Retail/Restaurants/Convenience
    • Transportation/Logistics/Supply Chain/Distribution/ Warehousing
  • EVENTS
    • Industry Events
    • Webinars
    • Solutions by Sector
    • Security 500 Conference
  • MEDIA
    • Videos
      • Cybersecurity & Geopolitical Discussion
      • Ask Me Anything (AMA) Series
    • Podcasts
    • Polls
    • Photo Galleries
  • MORE
    • Call for Entries
    • Classifieds & Job Listings
    • Continuing Education
    • Newsletter
    • Sponsor Insights
    • Store
    • White Papers
  • EMAG
    • eMagazine
    • This Month's Content
    • Advertise
  • SIGN UP!