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:
- Loki Delivered as CAB File Attachment
April 22, 2020
We found in our honeypot a spam sample that delivers the info stealer Loki through an attached Windows Cabinet (CAB) file. The email that bears the malicious file poses as a quotation request to trick the user into executing the binary file inside the CAB file. CAB is a compressed archive file format usually associated with various drivers, system ...
- Australian Health Insurance-Themed Spam Spreads Ursnif
April 21, 2020
Trend Micro researchers encountered a spam campaign referencing the Australian health insurance brand Medicare. The attachment, which Trend Micro detects as Trojan.X97M.URSNIF.THDAEBO, downloads the malicious file (detected as TrojanSpy.Win32.URSNIF.THDAEBO). The campaign aims to spread the spyware Ursnif, also known as Gozi. The email headers pertain to payment transactions with the words “Statement,” “Invoice,” or “Transaction,” and include a ...
- Cognizant hit by ‘Maze’ ransomware attack
April 19, 2020
Cognizant Technology Solutions Corp on Saturday said it was hit by a “Maze” ransomware cyber attack, resulting in service disruptions for some of its clients. The information technology services provider said it was taking steps to contain the incident, with the help of cyber defense companies, and has also engaged with law enforcement authorities. Ransomware is a ...
- German government might have lost tens of millions of euros in COVID-19 phishing attack
April 18, 2020
The government of North Rhine-Westphalia, a province in western Germany, is believed to have lost tens of millions of euros after it failed to build a secure website for distributing coronavirus emergency aid funding. The funds were lost following a classic phishing operation. Cybercriminals created copies of an official website that the NRW Ministry of Economic Affairs had set ...
- Financial Cyberthreats in 2019
April 16, 2020
Financial cyberthreats are malicious programs that target users of services such as online banking, e-money, and cryptocurrency, or that attempt to gain access to financial organizations and their infrastructure. These threats are usually accompanied by spam and phishing activities, with malicious users creating fake financial-themed pages and emails to steal victims’ credentials. In order to study ...
- RagnarLocker ransomware hits EDP energy giant, asks for €10M
April 14, 2020
Attackers using the Ragnar Locker ransomware have encrypted the systems of Portuguese multinational energy giant Energias de Portugal (EDP) and are now asking for a 1580 BTC ransom ($10.9M or €9.9M). EDP Group is one of the largest European operators in the energy sector (gas and electricity) and the world’s 4th largest producer of wind energy. The company is present ...