Massive Iranian Bank Breach Exposes 15 Million Accounts

guest · Dec 14, 2019

Massive Iranian Bank Breach Exposes 15 Million Accounts
Experts suspect a state-sponsored cyberattack.
December 10, 2019
https://www.nytimes.com/2019/12/10/world/middleeast/Iran-bank-hacking-protests.html

As of Tuesday, details of 15 million bank debit cards in Iran had been published on social media in the aftermath of the protests, unnerving customers and forcing the government to acknowledge a problem.
The exposure represented the most serious banking security breach in Iran, according to Iranian media and a law firm representing some of the victims.

“This is the largest financial scam in Iran’s history,” reported Aftab News, a conservative media outlet. “Millions of Iranians are worried to find their names among the list of hacked accounts.”
Iran’s information and telecommunications minister, Mohammad Javad Azari Jahromi, described the breach as data theft by a disgruntled contractor who had access to the accounts and had exposed them as part of an extortion attempt. He denied the banking system’s computers had been hacked.

The persons or entity behind the attack and the motivation remain unclear. The account information was published on a channel called “Your banking cards” on Telegram, a popular mobile phone app used in Iran.
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