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Israel-Tied Predatory Sparrow Hackers Are Waging Cyberwar on Iran’s Financial System
After an attack on Iran's Sepah bank, the hyper-aggressive Israel-linked hacker group has now destroyed more than $90 million held at Iranian crypto exchange Nobitex.
The Israel-linked hacker group known as Predatory Sparrow has carried out some of the most disruptive and destructive cyberattacks in history, twice disabling thousands of gas station payment systems across Iran and once even setting a steel mill in the country on fire. Elliptic also confirmed in its blog post about the attack that crypto tracing shows Nobitex does in fact have links with sanctioned IRGC operatives, Hamas, Yemen's Houthi rebels, and the Palestinian Islamic Jihad group. The hackers, who are widely believed to have links to Israel's military or intelligence agencies, have for years targeted Iran with an intermittent barrage of carefully planned attacks on the country's critical infrastructure.
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