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Friday June 26, 2026 10:30am - 11:15am CEST
ShadowRay did not disappear after disclosure.
Despite extensive public reporting and technical analysis, the campaign remains active and continues to expand in scale, with more than 230,000 exposed Ray endpoints and an order-of-magnitude increase in observed exploitation.

Enter a self-propagating botnet built from compromised machine-learning clusters, all running on Ray—the de facto execution layer of modern AI infrastructure, embedded across production training pipelines, inference services, and internal compute platforms.

This is ShadowRay 2.0.

The attackers weaponized Ray's orchestration features to spread autonomously across exposed servers, turning victims into both mining rigs and propagation nodes.

We'll walk through the concrete evidence that enabled the researchers to stop the attack in real time by finding billions worth of compute that were compromised. This includes LLM-generated payloads evolving in real-time, GPU cryptojacking, competitor miner elimination scripts, how Ray's own APIs were weaponized for lateral movement, and more.

The talk also reveals the techniques employed by the attackers to evade detection, employing CI/CD for malware distribution, and building multi-purpose capabilities beyond cryptojacking, including DDoS, data exfiltration, and more. This is AI infrastructure turned against itself, at internet scale with verifiable proof.
Speakers
avatar for Gal Elbaz

Gal Elbaz

Co-founder & CTO, Oligo Security

Co-founder & CTO at Oligo Security with 10+ years of experience in vulnerability research and practical hacking. He previously worked as a Security Researcher at CheckPoint and served in the IDF Intelligence. In his free time, he enjoys playing CTFs.    linkedin.com/in/gal-elb... Read More →
avatar for Avi Lumelsky

Avi Lumelsky

AI Security Researcher, Oligo Security

Avi has a relentless curiosity about business, AI, security—and the places where all three connect. An experienced software engineer and architect, Avi’s cybersecurity skills were first honed in elite Israeli intelligence units. His work focuses on privacy in the age of AI and... Read More →
Friday June 26, 2026 10:30am - 11:15am CEST
Hall K1 (Level -2)

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