Major Cyberattack on Nobitex: What Happened & How to Prevent Future Threats
On June 19, 2025, a sophisticated cyberattack struck Nobitex, Iran’s largest cryptocurrency exchange. Unlike typical heists, this attack wasn't about money but destruction. The hackers, known as Predatory Sparrow, claimed to have destroyed over $90–100 million in digital assets. The result? A nationwide internet blackout across Iran and serious questions about cyber-resilience. At Spyhostech, every cyber incident is a learning opportunity. Let’s break it down and learn how to strengthen your digital defenses. 📉 Breakdown of the Cyberattack Attack Chain: Reconnaissance – Scouting vulnerabilities across Nobitex’s infrastructure. Weaponization – Crafting malware designed to destroy, not steal. Delivery – Possibly through phishing or compromised software supply chains. Exploitation – Gaining access and moving laterally inside the system. Execution – Wiping digital wallets and systems, leaving nothing behind. This wasn’t a financial crime. It was a warning. ⚠️ ...