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:
- Mac Malware MacStealer Spreads as Fake P2E Apps
March 30, 2023
Trend Micro researchers analyzed a Mac malware called MacStealer (detected by Trend Micro as TrojanSpy.MacOS.CpypwdStealer.A), a cryptocurrency wallet and information stealer disguised as a plagiarized version of a legitimate play-to-earn (P2E) game app. We posted a warning for users to avoid this threat early; this article discusses the technical details of the malware and the ...
- Millions of Australians Caught Up in Cyber Attacks
March 29, 2023
One of Australia’s biggest property companies said Wednesday it had been hit by cybercriminals who may have stolen data about staff and guests. Staff members at Meriton, a large Australian property business, were warned Wednesday that cybercriminals may have accessed details of their bank accounts and details of their salaries, disciplinary history and performance appraisals. Read more… Source: ...
- Financial cyberthreats in 2022
March 29, 2023
Financial gain remains the key driver of cybercriminal activity. In the past year, we’ve seen multiple developments in this area – from new attack schemes targeting contactless payments to multiple ransomware groups continuing to emerge and haunt businesses. However, traditional financial threats – such as banking malware and financial phishing, continue to take up a ...
- To pay or not to pay – that’s the question as ransomware attacks rise
March 28, 2023
There is rarely a day that goes by when there isn’t a major local, national or international story about a well know organisation being hit by a cyber attack that has huge potential to disrupt the business and damage their brand. In the past few weeks alone we’ve seen Eurovision fans in a panic after Booking.com ...
- APT43: North Korean Group Uses Cybercrime to Fund Espionage Operations
March 28, 2023
Mandiant researchers released a report on APT43, a prolific threat actor operating on behalf of the North Korean regime that they have observed engaging in cybercrime as a way to fund their espionage operations. According to Mandiant they track tons of activity throughout the year, but don’t always have enough evidence to attribute it to a ...
- Crown Resorts confirms ransom demand after GoAnywhere breach
March 28, 2023
Crown Resorts, Australia’s largest gambling and entertainment company, has confirmed that it suffered a data breach after its GoAnywhere secure file-sharing server was breached using a zero-day vulnerability. The Blackstone-owned company has an annual revenue that surpasses $8 billion and operates complexes in Melbourne, Perth, Sydney, Macau, and London. Read more… Source: Bleeping Computer