Search: “cryptocurrency theft”

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Australia charges two men for TeamPCP supply

Australia charged two Perth men over TeamPCP supply-chain attacks compromising 1,000+ organizations and exposing 500,000+ credentials.

The AFP charged two Perth-based men with a combined 14 offences for their alleged roles in TeamPCP, with payments in cryptocurrency for data intrusion, identity crime, and money laundering. The group's supply-chain attacks targeted developer tools including TanStack, Trivy, and LiteLLM, with downstream victims including the European Commission and GitHub. Investigators estimate the campaign compromised over 1,000 organizations, exposed more than 500,000 credentials, and led to theft of at least 300 GB of data, with remediation costs in the hundreds of millions of dollars. The men could face a combined 82 years if given maximum sentences, though sentences are typically served concurrently.

The RecordAug 27, 13:00 UTC · 20d agoPolicy & legal

U.S. Sanctions Iran-Linked Hackers Behind Critical Infrastructure Breaches

U.S. Treasury sanctioned nearly 60 Iran-linked entities, including MOIS-affiliated Mabna Institute hackers behind breaches of U.S. critical infrastructure and millions in crypto theft.

The U.S. Treasury launched Operation Economic Outcast, designating nearly 60 Iran-linked entities, individuals, and vessels across nuclear, missile, oil, cyber, and digital asset networks. Five sanctioned individuals are members of the Tehran-based Mabna Institute indicted last week; three allegedly breached and exfiltrated data from U.S. energy, defense, healthcare, IT, and financial organizations since late 2023. TRM Labs traced roughly $16.8 million across 30 wallets tied to the members, and the State Department announced a reward of up to $10 million. The action follows Iranian hacking of FBI Director Kash Patel's email and attacks on over 30 U.S. water and wastewater utilities.

The Hacker NewsAug 26, 05:07 UTC · 22d agoPolicy & legal in the wild