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:
- Healthcare organizations in Ireland, New Zealand and Canada facing intrusions and ransomware attacks
May 20, 2021
Three healthcare institutions in Canada, Ireland and New Zealand are in the midst of security incidents this week, highlighting the perilous cybersecurity landscape within some of the world’s most important organizations. Ireland’s Department of Health was attacked twice in the last week, eventually shutting down their entire IT system after a ransomware attack last Thursday. The ...
- BazarCall: Call Centers Help Spread BazarLoader Malware
May 19, 2021
BazarLoader (sometimes referred to as BazaLoader) is malware that provides backdoor access to an infected Windows host. After a client is infected, criminals use this backdoor access to send follow-up malware, scan the environment and exploit other vulnerable hosts on the network. The threat actor behind BazarLoader uses different methods to distribute this malware to potential ...
- Qlocker ransomware shuts down after extorting hundreds of QNAP users
May 19, 2021
The Qlocker ransomware gang has shut down their operation after earning $350,000 in a month by exploiting vulnerabilities in QNAP NAS devices. Starting on April 19th, QNAP NAS device owners worldwide suddenly discovered that their device’s files were replaced by password-protected 7-zip archives. Read more… Source: Bleeping Computer
- Ireland: ‘Wizard Spider’ cybercrime gang claim Health Service Executive attack
May 18, 2021
Hackers known as Wizard Spider are spinning a web of chaos since it launched a ransomware attack on the Health Service Executive last week. The Russian hackers have claimed responsibility for the most serious ever cyberattack on Ireland’s critical infrastructure. The group, who are seeking ransom of up to €20 million in cryptocurrency, are not motivated by ...
- DarkSide Hits Toshiba; XSS Forum Bans Ransomware
May 17, 2021
For a ransomware gang whose servers were purportedly commandeered last week, DarkSide has had a server-fueled weekend, with a reported hit on Toshiba Business. Late on Thursday night came a post to the “Exploit” underground forum that looked, at least, to be from DarkSide. It described how the gang’s blog, payment processing and denial-of-service (DoS) servers ...
- ‘We won’t pay ransom,’ says Ireland after attack on health service
May 17, 2021
Ireland’s Health Service Executive (HSE) has ruled out giving in to hackers’ demands as the country’s healthcare and social services continue to deal with the disruption caused by a significant ransomware attack that occurred a few days ago. The HSE has now confirmed that a ransom has been sought by the attackers, although the exact amount ...