Iran’s largest crypto exchange, Nobitex, said Wednesday that it was hacked and funds have been drained from its hot wallet.
In a statement on its website translated by TechCrunch, Nobitex said it detected unauthorized access to its infrastructure and hot wallet, in which the company stores a portion of its customers’ cryptocurrency. The company said it was investigating the incident, and that its website and app would be unavailable for the foreseeable future. Public records show the hackers stole at least $90 million of the company’s assets over multiple transactions. Blockchain analysis firm Elliptic said the hackers “burned” the stolen funds by sending the crypto to inaccessible wallets, effectively taking the money out of circulation.
Read more…
Source: TechCrunch News
Sign up for our Newsletter
The latest news and insights delivered right to your inbox.
Related:
- Food giant Sysco confirms customer data stolen in cyberattack
May 10, 2023
Sysco detected the data breach in March but believes the threat actor began their attack in January, with business, employee and personal data stolen. Global food distributor Sysco has said that company data has been stolen as a result of a cyberattack earlier this year. The stolen information is believed to include business, customer, employee and personal ...
- After a Cyber Attack: Dos and Don’ts for Higher Education IT Staff
May 10, 2023
For most colleges and universities, it’s a question of when, not if, they will experience a cyber attack. Here are seven key considerations for handling the aftermath of a breach. There is a treasure trove of sensitive and valuable information in higher education information systems that is tantalizing to hackers of all kinds. With networks that ...
- North Korean hackers breached major hospital in Seoul to steal data
May 10, 2023
The Korean National Police Agency (KNPA) warned that North Korean hackers had breached the network of one of the country’s largest hospitals, Seoul National University Hospital (SNUH), to steal sensitive medical information and personal details. The incident occurred between May and June 2021, and the police conducted an analytical investigation during the past two years to ...
- New phishing-as-a-service tool “Greatness” already seen in the wild
May 10, 2023
A previously unreported phishing-as-a-service (PaaS) offering named “Greatness” has been used in several phishing campaigns since at least mid-2022. Greatness incorporates features seen in some of the most advanced PaaS offerings, such as multi-factor authentication (MFA) bypass, IP filtering and integration with Telegram bots. Read more… Source: Talos
- Cybersecurity firm Dragos discloses cybersecurity incident, extortion attempt
May 10, 2023
Industrial cybersecurity company Dragos today disclosed what it describes as a “cybersecurity event” after a known cybercrime gang attempted to breach its defenses and infiltrate the internal network to encrypt devices. While Dragos states that the threat actors did not breach its network or cybersecurity platform, they got access to the company’s SharePoint cloud service and ...
- UK man pleads guilty to hijacking Twitter accounts including of Joe Biden and Elon Musk
May 10, 2023
A British man has pleaded guilty over his role in schemes to hack the Twitter accounts of celebrities including Joe Biden and Elon Musk, as well as stealing $794,000 in cryptocurrency. Joseph James O’Connor, 23, entered his guilty plea in a New York court after being extradited from Spain on 26 April. Read more… Source: The Guardian