Hacking, crypto, and destroying data: How the Israel-Iran conflict is developing in cyberspace

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As the conflict between Israel and Iran approaches the first-week mark, both countries are leaning into cyberspace to launch attacks. 

A possible Israeli-linked hacking group has claimed responsibility for disrupting operations at an Iranian bank and flooding the crypto market with approximately $90 million (€77 million) in stolen funds. 

Meanwhile, Israeli officials reported fake messages sent to the public alerting them of terrorist attacks against bomb shelters to sow panic. 

Both countries are also known for having a long history of cyberattacks against each other, according to US-based cybersecurity firm Radware. 

“In the days since the fighting began, government-backed hackers, patriotic hacktivists, online…

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