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An Iranian firm paid over $3 million in ransom last month to prevent a threat group from releasing personal account data from more than 20 domestic banks. This action was taken to avoid destabilizing the country's financial system, which is already under strain due to international sanctions. The cyberattack, described as the 'biggest-ever' on Iran's banking system, had previously been reported by Iran International in August. Officials emphasized that the regime pushed for the deal fearing the repercussions of the data theft on the financial sector, including the Central Bank.
Iran pays millions in ransom to end massive cyberattack on banks, officials say https://t.co/cgEu8iS5Zc
"Iran’s authoritarian regime pushed for a deal, fearing that word of the data theft would destabilize the country’s already-wobbly financial system, which is under intense strain amid the international sanctions the country faces, the officials said." https://t.co/KnLrUPhbzB
Iranian firm paid $3 million+ in ransom last month to stop hackers from releasing individual account data from 20+ domestic banks in what appears to be the worst cyberattack Iran has seen. https://t.co/qi1RUjC3me