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FindArticles > News > Technology

Nation-State Hackers Steal into F5 in High-Stakes Raid

Gregory Zuckerman
Last updated: October 16, 2025 10:44 am
By Gregory Zuckerman
Technology
7 Min Read
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Cybersecurity firm F5 has admitted that a nation-state attacker compromised its networks, remained inside for a while, and stole some source code.

The company revealed the breach in a regulatory filing and said it had contained the hack, working with law enforcement and outside investigators.

Table of Contents
  • What F5 Says Was Stolen in the Recent Breach
  • Why This Poses Immediate Risk to Organizations
  • A Target With Surprisingly Wider Reach Across Sectors
  • Patches Landed Before Disclosure, Vendor Advises Fixes
  • What Organizations Can Do Now to Reduce Potential Risk
  • Attribution Remains Unclear as Investigation Continues
Nation-state cyberattack hits F5 Networks in high-stakes breach

US cyber authorities urged a simple, morale-sapping slogan as they ramped up the alarm, with the Cybersecurity and Infrastructure Security Agency (CISA) noting an “imminent threat” to organizations that use F5 devices and software. CISA warned that such exploitation could lead to access to saved credentials and API keys, allow lateral movement, data theft, or permanent access—outcomes that, if taken together, may ultimately result in full system compromise.

What F5 Says Was Stolen in the Recent Breach

The company said in its own filing that intruders were able to access certain files with portions of the BIG-IP source code and details related to vulnerabilities F5 was addressing at the time. F5 said it has seen no evidence of manipulation of source code or tampering with its build and release pipelines, a key signal commonly associated with supply chain meddling. Independent third-party evaluations, the company said, back up that conclusion.

F5 also admitted that a small proportion of customers had configuration or implementation details picked up in the theft. The company said that it is communicating with the affected users and there was no evidence to suggest attackers had tampered with software sent out to customers.

Why This Poses Immediate Risk to Organizations

The most sensitive issue is the pilfering of information about undisclosed vulnerabilities. Intelligence about vulnerabilities that have not yet been fixed can be weaponized to create zero-day exploits, and adversaries then may have a window in which they can attack before organizations update. That calculation guided CISA’s dire warning to federal agencies, highlighting that network-edge appliances are high-value targets with a wide blast radius if they are breached.

F5 devices are often positioned in front of critical applications, managing traffic and access. From there, stolen credentials or manipulated APIs can open up movement further in networks. In particular, CISA pointed to the risk of embedded credentials and API keys—something that is often forgotten about, hard to rotate at scale, and potent for automation that sophisticated actors are hunting for.

A Target With Surprisingly Wider Reach Across Sectors

F5 claims it serves more than 23,000 enterprise customers in over 170 countries, including big banks, telecom carriers, and manufacturers. That footprint makes the vendor—and its products—strategic targets for advanced persistent threat groups interested in gaining access for espionage or follow-on operations.

F5 Networks cybersecurity breach, nation-state hacker raid with code and padlock

Throughout history, the BIG-IP has been heavily targeted by both cybercriminals and nation-state attackers.

For instance, the heavily abused BIG-IP iControl REST vulnerability and previous misconfigurations are prime examples of how fast attackers will switch gears when edge bugs are disclosed. F5 CVEs have also been in CISA’s Known Exploited Vulnerabilities list more than once, mirroring that impact across the field.

Patches Landed Before Disclosure, Vendor Advises Fixes

F5 synchronized patches across several of its product lines before issuing a public alert, advising customers to implement fixes for BIG-IP, F5OS, BIG-IP Next for Kubernetes, BIG-IQ, and Access Policy Manager clients. The company added that it is not currently aware of any undisclosed critical or remote code execution vulnerabilities and has detected no in-the-wild exploitation of unpublished issues.

Coordinated release timing makes a difference: minimizing the interval between when an attacker becomes aware of a vulnerability and when the defender has a patch in place is, according to Schneier, essential for helping organizations maintain an advantage against zero-day exploits. Even so, large organizations often drag when it comes to applying updates, and CISA classified the risk as urgent despite patches being available.

What Organizations Can Do Now to Reduce Potential Risk

  • Patch as soon as possible: Apply the F5 advisories to BIG-IP, F5OS, BIG-IP Next for Kubernetes, BIG-IQ, and APM clients. The repository of truth should not be the change ticket; verification should be through configuration management and vulnerability scans.
  • Rotate secrets: Cancel and renew passwords, tokens, and API keys used in conjunction with F5 devices and automation processes. Consider embedded credentials high risk and audit for hard-coded secrets.
  • Persistence hunting: Look for abnormal management-plane behavior (including iControl REST), unauthorized configuration changes, and new or changed admin accounts. Install endpoint detection on management hosts associated with F5 admin.
  • No exposure: Make sure that the management interface is not internet-facing. Require multi-factor authentication and network segmentation for administration paths.
  • Follow trusted guidance: Use playbooks from CISA and the industry ISACs for edge appliance incident response (e.g., forensic collection, out-of-band patching, staged credential rotation).

Attribution Remains Unclear as Investigation Continues

F5 has yet to assign the threat actor a name, referring to it as an extremely advanced, probably nation-state hacker with prolonged access to specific systems. That profile fits the tradecraft seen throughout both recent and historic campaigns aimed at network appliances by advanced actors who prefer “living off the land,” long dwell times, and stealthy credential stealing over noisy exploits.

But even though F5 says there remains no evidence that its supply chain was compromised, the theft of vulnerability intelligence alone is enough to shift the risk-placing equation for enterprises and governmental organizations that have been using F5 gear. The next few weeks will determine whether defenders patch and rotate quickly enough, or if the plundered insights manifest as new waves of intrusion against vulnerable machines.

Gregory Zuckerman
ByGregory Zuckerman
Gregory Zuckerman is a veteran investigative journalist and financial writer with decades of experience covering global markets, investment strategies, and the business personalities shaping them. His writing blends deep reporting with narrative storytelling to uncover the hidden forces behind financial trends and innovations. Over the years, Gregory’s work has earned industry recognition for bringing clarity to complex financial topics, and he continues to focus on long-form journalism that explores hedge funds, private equity, and high-stakes investing.
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