Saturday, September 10, 2022

If the best we can recover is 10%, crypto theft is probably still attractive.

https://thehackernews.com/2022/09/us-seizes-cryptocurrency-worth-30.html

U.S. Seizes Cryptocurrency Worth $30 Million Stolen by North Korean Hackers

More than $30 million worth of cryptocurrency plundered by the North Korea-linked Lazarus Group from online video game Axie Infinity has been recovered, marking the first time digital assets stolen by the threat actor have been seized.

"The seizures represent approximately 10% of the total funds stolen from Axie Infinity (accounting for price differences between time stolen and seized), and demonstrate that it is becoming more difficult for bad actors to successfully cash out their ill-gotten crypto gains," Erin Plante, senior director of investigations at Chainalysis, said.





Bad Iran, bad!

https://thehackernews.com/2022/09/us-imposes-new-sanctions-on-iran-over.html

U.S. Imposes New Sanctions on Iran Over Cyberattack on Albania

The U.S. Treasury Department on Friday announced sanctions against Iran's Ministry of Intelligence and Security (MOIS) and its Minister of Intelligence, Esmaeil Khatib, for engaging in cyber-enabled activities against the nation and its allies.

"Since at least 2007, the MOIS and its cyber actor proxies have conducted malicious cyber operations targeting a range of government and private-sector organizations around the world and across various critical infrastructure sectors," the Treasury said.

The agency also accused Iranian state-sponsored actors of staging disruptive attacks aimed at Albanian government computer systems in mid-July 2022, forcing it to suspend its online services.



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