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Technology

Iranians' Remote Access to Banking Services Cut Off Over 'Cyber Attacks'

July 4, 2022
IranWire
1 min read
Iranian banks with "the most foreign connections" have been closed to connections from outside the country, IRNA news agency reported
Iranian banks with "the most foreign connections" have been closed to connections from outside the country, IRNA news agency reported

Iranians’ access to domestic banking services from abroad has been temporarily cut off in aid of “preventing cyber attacks”, according to the official news agency IRNA.

The restrictions were confirmed on Monday, but Iranians outside the country first started reporting difficulties over the weekend. Follow-ups by IRNA with the “competent authorities” – who were not named in its coverage – established that the block on access to mobile and online banking facilities was only aimed at a “limited” number of banks with “the most foreign connections”.

It comes after a number of high-profile cyberattacks on state digital infrastructure. In the latest case, a group calling itself Ghiyam Ta Saraguni (“Uprising Until Overthrow”) hacked into the website of the Islamic Culture And Communication Organization, reportedly gaining access to 40,000 confidential messages and 1.5 million emails.

Also last week, a hacktivist group known as “Predatory Sparrow” caused major disruption at a number of Iranian steel plants.

The state news agency did not publish the names of the affected Iranian banks or which body or official was responsible for the freeze.

comments

shauntehonora
shauntehonora
September 20, 2022

The goal would be to understand the code - decode essentially its patterns, the cyber hacks in order to create a secure system otherwise it's a game of "when the time is right" when the hacks themselves will not align that way. Otherwise safeguard for current circumstances, hence, no electronic banking.

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