A $90 million crypto theft from Nobitex marks the second cyberattack on Iran’s financial systems in as many days. Predatory Sparrow claimed responsibility for both attacks.
Authorities said they froze and seized the allegedly illegally obtained funds when North Korean nationals attempted to launder money linked to the long-running conspiracy.
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. (Photo by Robert Nickelsberg/Getty Images)
The largest cryptocurrency exchange in the U.S. said cybercriminals bribed insiders to steal data on customers, some of whom were duped into handing over crypto assets.
The benefits of cybercrime aren't all flashy cars and watches. Sophos X-Ops researchers discovered it also fuels a far-reaching mix of ordinary, sometimes unremarkable businesses.