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:
- RSA Security Conference: The race to plug a $6 trillion security hole
March 1, 2019
More than 50 thousand of the world’s top computer security professionals will be in San Francisco this week for the RSA Conference. While they talk, the hole in the cybersecurity world is getting bigger every year and is on track to swallow $6 trillion in annual damages by 2021 — a doubling from $3 trillion in ...
- Hackers target Elasticsearch clusters in fresh malware campaign
February 27, 2019
Security researchers have observed a spike in attacks from multiple threat actors targeting Elasticsearch clusters, in what is believed to be an attempt to spread malware on victims’ machines. Attackers appear targeting clusters using versions 1.4.2 and lower, and are leveraging old vulnerabilities to pass scripts to search queries and drop the attacker’s payloads, according to ...
- Russian national, author of NeverQuest banking trojan, pleads guilty
February 23, 2019
A Russian national pleaded guilty today in a New York court of creating, running, and infecting users with the NeverQuest banking trojan –also known as Snifula and Vawtrack. The man’s name is Stanislav Vitaliyevich Lisov, a Russian national who went online under the names of “Black” and “Blackf,” and who, according to a Department of Justice press ...
- Malspam campaign fakes Google reCAPTCHA images to fool victims
February 22, 2019
A recently discovered malspam campaign targeting customers of a Polish bank was found using forgeries of Google reCAPTCHA images to fake legitimacy. The banking malware was delivered via phishing emails that purported to seekin confirmation of a recent banking transaction that in reality never occurred, according to Feb. 21 blog post published week by Sucuri. Recipients who panicked at the ...
- DDoS Attacks Ranked As Highest Threat by Enterprises
February 22, 2019
US and EMEA security professionals interviewed by the Neustar International Security Council (NISC) in January 2019 said that DDoS attacks are perceived as the highest threat to their organizations, with roughly half of their companies having been attacked in 2018. Another 75% of all professionals who took part in NISC’s study said that they are deeply concerned about “bot ...
- Ransomware encrypts Australian cardiac clinic’s patient files
February 21, 2019
Employees of Melbourne Heart Group in Malvern, Australia, have been unable to access patients’ medical records following a January ransomware attack that encrypted the health care provider’s files. The cardiology clinic disclosed the incident today on its website’s home page. “We have been assured that no patient’s privacy has been compromised in any way,” the statement reads. ...