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(Wall Street Journal) Angus Berwick - While Israel and the U.S. were bombing Iran's nuclear sites, Israeli authorities, and a pro-Israeli hacking group called Predatory Sparrow, targeted financial organizations that Iranians use to move money and sidestep the U.S.-led economic blockade, Israeli officials said. Predatory Sparrow, which posts updates of its activities on X, said last week that it crippled Iran's state-owned Bank Sepah, which services Iran's armed forces and helps them pay suppliers abroad, knocking out its online banking services and cash machines. Iranian state media acknowledged the damage. The group also breached Nobitex, Iran's largest cryptocurrency exchange, extracted $100 million in funds, and forced the platform to shut down. 2025-06-29 00:00:00Full Article
Israel-Aligned Hackers Hobbled Iran's Financial System
(Wall Street Journal) Angus Berwick - While Israel and the U.S. were bombing Iran's nuclear sites, Israeli authorities, and a pro-Israeli hacking group called Predatory Sparrow, targeted financial organizations that Iranians use to move money and sidestep the U.S.-led economic blockade, Israeli officials said. Predatory Sparrow, which posts updates of its activities on X, said last week that it crippled Iran's state-owned Bank Sepah, which services Iran's armed forces and helps them pay suppliers abroad, knocking out its online banking services and cash machines. Iranian state media acknowledged the damage. The group also breached Nobitex, Iran's largest cryptocurrency exchange, extracted $100 million in funds, and forced the platform to shut down. 2025-06-29 00:00:00Full Article
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