A WatchGuard Geopolitical Cyber Report

Iran-Affiliated Cyber Espionage Against Global High-Value Organizations

When Geopolitics Becomes Cyber Risk: Tracking Iran-Linked MuddyWater Activity

WatchGuard’s Geopolitical Cyber Report provides threat intelligence and practical guidance for the moments when world events become cyber risk. In this report, WatchGuard’s SOC team examines Iran-affiliated MuddyWater activity targeting high-value organizations through DLL side-loading, credential theft, trusted-tool abuse, and stealthy cyber espionage techniques.