Iran charged by U.S in cyber attacks against banks

Source: National Cyber Security – Produced By Gregory Evans

Iran charged by U.S in cyber attacks against banks

For years, the US government had treated hacking campaigns carried out by foreign governments as matters of national security that are classified. Investigators believe the hackers were contracted by the Iranian government, according to USA officials close to the investigation. The biggest question is whether the naming-and-shaming of the indictments actually have the deterrent effect that the Justice Department envisions. The hackers are accused of hitting the banks with distributed-denial-of-service attacks on a near-weekly basis, a relatively unsophisticated way of knocking computer networks offline by overwhelming them with a flood of spammed traffic. They threatened our economic well-being and our ability to compete fairly in the global marketplace. This unauthorized access allowed him to repeatedly obtain information regarding the status and operation of the dam, including information about the water levels, temperature and status of the sluice gate, which is responsible for controlling water levels and flow rates. “These were no ordinary crimes, but calculated attacks by groups with ties to Iran’s Islamic Revolutionary Guard and designed specifically to harm America and its people”, said Bharara. “An important part of our cybersecurity practice is to identify the actors and to attribute them publicly when we can”, Lynch said. Computer systems, […]

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