A naukri.com initiative
Wired
3w
352
Image Credit: Wired
Israel-Tied Predatory Sparrow Hackers Are Waging Cyberwar on Iran's Financial System
- The Israel-linked hacker group Predatory Sparrow, known for disruptive attacks, targets Iran's financial system, destroying $90 million in crypto assets from Nobitex.
- In another attack, they claim to have destroyed all data of Iran's Sepah bank, impacting civilians' fund access and showing links to IRGC.
- The group's sabotage includes using crypto addresses with political messages, indicating a focus on political rather than financial motives.
- Elliptic confirms Nobitex's links with sanctioned groups, making the attack not only disruptive but also an act of sabotage against Iran's sanctions evasion.
- Predatory Sparrow, with possible ties to Israel's military, has a history of cyberwarfare against Iran, targeting critical infrastructure like railways and gas stations.
- The group's recent focus on Iran's financial sector could signal vulnerability or strategic targeting, potentially leading to more consequential attacks.
- Cybersecurity experts warn of serious consequences as Predatory Sparrow's capabilities indicate they can follow through on threats, hinting at more attacks to come.
- The ongoing cyber conflict highlights the increasing role of hacktivists and state-sponsored hackers in modern conflicts, with expected cyberattacks from various actors.
- The situation remains unclear, but given Predatory Sparrow's history and capabilities, the financial sector attacks could be a prelude to more significant disruptions.
- Cybersecurity researcher Hamid Kashfi notes the collateral damage from the attacks on Sepah bank, affecting online banking and ATMs, causing chaos for civilians.
Read Full Article
21 Likes
For uninterrupted reading, download the app