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:
- Chinese Alloy Taurus Updates PingPull Malware
April 26, 2023
Unit 42 researchers recently identified a new variant of PingPull malware used by Alloy Taurus actors designed to target Linux systems. While following the infrastructure leveraged by the actor for this PingPull variant, we also identified their use of another backdoor we track as Sword2033. The first samples of PingPull malware date back to September 2021. ...
- Energy giant warns of ‘catastrophic damage’ if government bans payment of cyber ransoms
April 26, 2023
A government-imposed ban on companies paying cyber ransoms to hackers could cause “catastrophic damage” and even lead to the loss of Australian lives, the nation’s biggest energy producer has warned. AGL Energy, whose board was recently reshuffled by Atlassian billionaire Mike Cannon-Brookes, described ransom bans as a dangerous double-edged sword. Read more… Source: 9News
- Irrigation Systems in Israel Hit With Cyber Attack That Temporarily Disabled Farm Equipment
April 25, 2023
A cyber attack that targeted irrigation systems in Israel is thought to be part of an annual “hacktivist” campaign that takes place every April, and this year’s attempt at least managed to cause a nuisance for some farms in the Jordan Valley. The hackers targeted both farms and wastewater treatment plants. They seemingly had little success ...
- U.S. deploys more cyber forces abroad to help fight hackers
April 25, 2023
The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersecurity conference in San Francisco. In the last three years, the U.S. military’s Cyber National Mission Force (CNMF) has conducted 47 such “hunt forward” defensive operations across 20 countries at ...
- Cyber Thieves Are Getting More Creative
April 24, 2023
Cybercriminals pull off many of their crimes by combining lots of real information with just a tiny bit of misinformation, which can be financially devastating for both companies and individuals. This article describes some recent examples of this technique, which include exploiting wire transfers, stealing paychecks, and tricking employees into helping “the boss.” It’s important to ...
- Tomiris called, they want their Turla malware back
April 24, 2023
Kaspersky introduced Tomiris to the world in September 2021, following their investigation of a DNS-hijack against a government organization in the Commonwealth of Independent States (CIS). Kaspersky researchers initial report described links between a Tomiris Golang implant and SUNSHUTTLE (which has been associated to NOBELIUM/APT29/TheDukes) as well as Kazuar (which has been associated to Turla); ...