Hackers Are Cashing In With Hijacked IP Addresses

Online raiders are stealing IP addresses and converting them to cash by selling them to so-called proxyware services.

Malicious actors are planting proxyware on computers without the owner’s knowledge, then selling the unit’s IP address to a proxyware service, making as much as US$10 a month for every compromised device, the threat research team at Sysdig reported Tuesday.

Proxyware…