Socks5Systemz Botnet Powers Illegal Proxy Service with 85,000+ Hacked Devices

A malicious botnet called Socks5Systemz is powering a proxy service called PROXY.AM, according to new findings from Bitsight. "Proxy malware and services enable other types of criminal activity adding uncontrolled layers of anonymity to the threat actors, so they can perform all kinds of malicious activity using chains of victim systems," the company's security research team said in an analysis