Connect with us

Cybersecurity

Iranian Hackers Target U.S. Government Officials

Published

on

Government officials in the Obama administration have had their email and social media accounts hacked by the Iranian Revolutionary Guard, according to U.S. officials.

The Islamic Revolutionary Guard Corps (IRGC) has shifted to a high gear in targeting and successfully hacking email and social media accounts belonging to Obama administration officials, the Wall Street Journal reports.

The publication cites anonymous U.S. officials who revealed a surge in hacking activity by the powerful Iranian Revolutionary Guard is related to a recent arrest of an Iranian-American USA Iranbusinessman by the Revolutionary Guard in Tehran, Iran.

Saimak Namazi, a business consultant and an executive in the energy industry has previously pushed for better U.S.-Iranian diplomatic ties. A recent international agreement between the two countries eased strict economic sanctions previously imposed on Iran by the United States. The sanctions were lifted in return for Iran’s guarantee of its nuclear program staying away from developing nuclear weapons.

The IRGC has routinely engaged in cyber espionage targeting U.S. agencies but the increased activity saw a number of Obama administration personnel and officials at the State Department’s Office of Iranian Affairs. Also, computers and networks belonging to journalists and academics have also been hacked, an unnamed official confirmed.

Speaking to the WSJ, the administration official said:

U.S. officials were among many who were targeted by recent cyberattacks … officials believe some of the more recent attacks may be linked to reports of detained dual citizens and others.

Namazi has previously worked for Washington-based think tanks and is the head of Crescent Petroleum, an oil and gas company in the UAE. The IRGC has reportedly detained Namazi in the past and interrogated routinely besides having his family home ransacked in Tehran.

The hackers are believed to be targeting U.S. officials actively working on Iranian policy.

The volatile history of diplomatic relations between the United States and Iran is well documented. Both sides engage in cyberattacks with the highly publicized incident wherein a USB-drive carrying the Stuxnet malware was planted by the U.S. to disrupt Iran’s nuclear installations.

Security experts point to a procedure employed by Iran-based hackers who focus on a target’s social media accounts. For instance, if a target’s Facebook account had 100 friends with each of those having an additional 100 friends, a comprehensive comb-through of the target’s records will eventually result in gaining the names and information of 10,000 users.

U.S. officials claim Russian influences behind the army of cyber-agents cultivated by the IRGC and trained by Russia to focus on U.S. corporations, oil companies in Saudi Arabia and other targets. Russia has always denied the accusation.

Images from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

4 stars on average, based on 1 rated postsSamburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.




Feedback or Requests?

2 Comments

2 Comments

  1. Taji Hanson

    November 5, 2015 at 11:16 pm

    Iran has a
    long and dubious history of cyber-attacks as it has gone after US businesses,
    utility networks and government agencies. Now there are new revelations of even
    setting up fake social media profiles and news sites in order to befriend
    lawmakers, staff, journalists and others online and introduce malware to
    capture passwords and gain access to new networks. The broad effort is more
    evidence that Iran tries to project a “moderate” image on the one hand, but is
    really focused on manipulating nuclear talks in order to get crippling economic
    sanctions lifted without giving up its weapons capability or without any
    linking to improvements in brutal human rights violations. For anyone online,
    the worst thing we had to worry about with the NSA was getting recorded, in
    Iran’s case, the worse thing to worry about it actually becoming friends with a
    stealth Iranian Revolutionary Guard member.

  2. Real Anti-Racist Action

    November 7, 2015 at 9:49 pm

    Finally someone is sticking it to the beast.
    I think it is obvious that the whole world is sick and tired of Zionist-Supremacist wiping out millions of people around the world, including over one million in Iraq alone.
    Obama and his officials like Bush and the Clinton’s are all involved in international criminality, and war crimes and crimes against humanity.
    Iran has not invaded another country in just over 800 years. They are peace lovers, and are against any and all nuclear weapons.
    May the NSA/Mossad/Mi6/CIA fall from natural causes.
    We must all unite as one world against the extremest, whom is self evident
    http://stoptheblankcheck.org/
    http://www.ifamericansknew.org/
    http://stop30billion-seattle.org/what30billion.htm

You must be logged in to post a comment Login

Leave a Reply

Altcoins

Monero Price Analysis: XMR/USD Slips Below Crucial Daily Support Ahead of System Update

Published

on

  • Monero’s navitve token XMR is forced to breach a key area of support by the market bears.
  • XMR/USD was being support by an ascending trend line, running from 14th August.
  • The Monero foundation is scheduled for a routine network upgrade.

Monero Network Update

The Monero foundation is scheduled to update its network on 18th October, as a result this will be bringing a new hard fork to its token. They have been making it a routine process now, hard forking every six months. Their focus being on the likes of increased ring-size for more privacy, with large transactions and tweaking their proof of work algorithm.

In terms of this upgrade, the goal is to enhance efficiency and make some adjustments to the current proof of work algorithm. Ultimately, to make it resistant and curb the threat of ASIC mining. Developers at Monero will be implementing the new Bulletproofs protocol. This will see greater privacy, lower fees and faster verification. It will reduce transaction size by an estimated 80%.

Technical Review – Daily Chart

XMR/USD daily chart

XMR/USD slipped out to the downside from an ascending trend line. As a result, the market bears managed to push for a breach and daily close below on 7th October. The support had been running since 14th August, where the price hit a low of $76.739.  A retest has been seen and pressure is now gradually mounting on Monero’s XMR. In terms of support, the 50DMA has provided some initial comfort for now. Furthermore, the next major downside support is observed in a chunky demand area. This is seen tracking from $86 down to $76. Resistance will now be eyed at $116.550 area, underneath the breached ascending trend line. In proximity to the 100DMA, which may cause some difficulty for the bulls. Elsewhere, further to the north, resistance can be seen within the $125.000 territory. Finally, heavy supply is tracking from $140 up to $150.

Technical Review – 4-hour Chart

XMR/USD 4-hour chart

Despite the above-mentioned daily breakout from the supporting trend line, there is still some hope for XMR/USD in the near-term, because from looking at the 4-hour chart view, the price has been moving within a range-bound block. This narrowing area has been running since 26th September. Fortunately for the price, a fresh wave of selling pressure has been prevented for now.  The lower part of the mentioned range has proven to see some near-term support. Therefore, the protection has been observed from around $112 to the high $111 territory. Although, a breach of this area could see a fast fall back down to sub $100, last traded below here on 12th September. While further downside pressure could force a retreat back down to a firm demand zone. Eyes would be on $86-77 range for buying.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
2 votes, average: 3.50 out of 52 votes, average: 3.50 out of 52 votes, average: 3.50 out of 52 votes, average: 3.50 out of 52 votes, average: 3.50 out of 5 (2 votes, average: 3.50 out of 5)
You need to be a registered member to rate this.
Loading...

4.5 stars on average, based on 29 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




Feedback or Requests?

Continue Reading

Altcoins

Monero Price Analysis: XMR/USD Bulls Cooking Up Big Potential Moves

Published

on

  • XMR/USD price action surprisingly this week has been generally muted.
  • Current price behavior looks more favorable to see upside surprises, rather than any heavy selling pressure.

The Monero price this trading week has been somewhat muted. This comes as quite a surprise given the recent updates from the foundation. The foundation introduced the Maleware Workgroup, a huge step in efforts to protect the Monero community. Elsewhere, the foundation was also finally able to patch the ongoing ‘burning bug’ issue, which was proving to be a big problem. Full details of both developments posted in previous Monero article.

Near-term Analysis (60-Minute Chart)

XMR/USD 60-minute chart

Looking at the 60-minute chart for XMR/USD, it is very much clear to see how tight the trading range is. The vast majority of price action, aside from a couple of spikes here and there, has been swinging between $117 down to $111. This behavior has been observed since the bull run seen on 19th September, which was then paired after 23rd September fall.

Daily Chart View

XMR/USD daily chart

Price action is being supported by an ascending trend line on the daily chart. This has been running from 13th August, proving its strength. XMR/USD is currently stuck in between the 100DMA ($116.795), which is seen above, and the 50DMA ($110.877) below.  The price has seen a bounce on several occasions in September, off the trend line.

Next Move for Monero

The above-mentioned tracking ascending trend line is going to be vital in Monero’s recovery. Market bulls will need comfort, in case of another failed break down of above chunky supply area. This is seen tracking from $140-$150. There were several occasions in July and one in September, where the bulls failed to break this down. On each time the price has come into contact with this territory, it has been hit pretty hard by the sellers.

XMR/USD daily view

A breakout to the upside from the mentioned supply, could see a fast move towards $170, where some resistance can be seen. The price most recently found difficulty within this area at the early part of June. Enough bullish momentum should see it clear this territory, with $200 being reclaimed to the upside. XMR/USD was last trading above $200 back on 21st May.

Looking to the downside, a breach in the ascending trend line to the downside, could be catastrophic. Sellers would likely pile in with a high amount of volatility, sending the price down to sub-$100. The next chunky demand area is seen down within the $90-75 range. XMR/USD traded within this zone on 14th August, where the market managed receive a firm bounce.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.5 stars on average, based on 29 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




Feedback or Requests?

Continue Reading

Altcoins

Crypto Market Development: South Korea’s National Policy Committee Chair Calls For ICO Legalization

Published

on

  • A member of South Korea’s governing Democratic party and the chairman of Korea’s National Policy Committee, Min Byung-Doo, is urging to ease the current regulations on Initial Coin Offerings (ICOs).
  • Min Byung-Doo wants to introduce necessary regulatory framework, allowing ICOs in the country.

Allow ICOs In South Korea

The South Korean National Policy Committee Chief, Min Byung-Doo, is calling for a regulatory framework to be explored. This would be to allow for Initial Coin Offerings (ICOs) to take place within the country. He stated that the current prohibiting of ICOs weakens the industry’s competitiveness appeal with foreign markets. Further boldly adding, this would be preventing growth.

In his statement at to lawmakers, Byung-Doo said, “We can see that the flow of investment is clearly changing compared to ICO and angel fundraising. The ICO has raised $1.7 billion for Telegram and $4 billion for Block.One, it is getting bigger and bigger.”

Further in the statement, Min Byung-Doo said, “Let the government, the National Assembly and the blockchain association quickly create a working group to block fraud, speculation, money laundering and develop the block-chain industry,”. However, he acknowledged the government’s reluctance to create the needed framework.

In September 2017, the Financial Services Commission in South Korea announced a ban on ICOs. The law has not yet been enacted.

Crypto Market Reaction

A lack of reaction has been observed for now, despite this determination to help further legitimize the digital currency market in South Korea. Crypto market developments in the country are always watched very carefully. This is given their large crypto market participation. It was reported in December 2017 that South Korea accounted for as much as 17% of all Ethereum trades occurring in cryptocurrency markets.

Market Reactions To South Korean Related News

Ripple (XRP) crashed in January, following CoinMarketCap’s decision to remove XRP price data from Korean exchange desks. This as a result largely brought down the total average.

XRP/USD Coinmarketcap update triggered drop

On 11th January, Korean crypto exchange Coinrail was hacked, and over $40 million in tokens were stolen. Bitcoin initially dropped over 11% on this.

BTC/USD Coinrail hack triggered drop

One final example, UPbit, a South Korean exchange, was investigated by authorities for illicitly moving customer funds to the account of its executives. Bitcoin initially dropped over 7% on the news.

BTC/USD UPbit investigation triggered drop

Given the above mentioned, one should keep an eye on any developments coming out of South Korea, for the foreseeable future.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.5 stars on average, based on 29 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




Feedback or Requests?

Continue Reading

Recent Comments

Recent Posts

A part of CCN

Hacked.com is Neutral and Unbiased

Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com.

Trending