Black Hat 2020: Using Botnets to Manipulate Energy Markets for Big Profits

Researchers are warning that a new class of botnets could be marshaled and used to manipulate energy markets via zombie armies of power-hungry connected devices such as air conditioners, heaters, dryers and digital thermostats. A coordinated attack could cause an energy stock index to predictably go up or down – creating an opportunity for a rogue operator to cash in.

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