Overview

• On June 17, Predatory Sparrow claimed it destroyed data at IRGC-linked Bank Sepah, knocking ATMs and online services offline nationwide.
• On June 18, the hackers attacked Nobitex crypto exchange, burning over $90 million in assets by transferring funds to unusable blockchain addresses.
• Iran has endured more than 6,700 distributed denial-of-service attacks over the past three days as its banking and internet services faced widespread outages.
• Bank Sepah was the first Iranian bank sanctioned by the United States for financing the IRGC’s missile and nuclear programs.
• Predatory Sparrow’s previous operations include disabling gas station payment systems and triggering a fire at an Iranian steel mill, highlighting its destructive reach.