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U.S. GOVERNMENT INDICTS IRANIANS FOR HACKING DOZENS OF BANKS AS WELL AS NEW YORK DAM

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By SisiBroad | March 25, 2016 12:03 pm

Uniqueness of this case in the fact that for the first time accused individuals tied to another country of trying to disrupt critical infrastructure.

The U.S. and Israel launched a cyber attack against Iran in 2010, now famously known as the Stuxnet worm, in order to disable Iran’s nuclear centrifuges. Some security researchers and officials have long suspected the attacks against U.S. banks and the dam were done in part as retaliation.

Attorney General Loretta Lynch. U.S. GOVERNMENT INDICTS IRANIANS FOR HACKING DOZENS OF BANKS AS WELL AS NEW YORK DAM

Attorney General Loretta Lynch. U.S. GOVERNMENT INDICTS IRANIANS FOR HACKING DOZENS OF BANKS AS WELL AS NEW YORK DAM

The accused Iranians worked for two Iranian computer companies, ITSecTeam and Mersad, and were contracted by the Iranian government to conduct the attacks, according to a Department of Justice indictment unsealed on Thursday, March 24, 2016.

The U.S. government pronounces seven Iranians working for the country’s Islamic Revolutionary Guard Corps are responsible for 187 denial of service attacks aimed at banks across the U.S. between 2011 and 2013. , causing millions of dollars in damages. They also tried to shut down a New York dam

Seven Iranian hackers broke into computers of dozens of U.S. banks, causing millions of dollars in damages, and tried to shut down a New York dam,

The attacks were launched from networks of thousands of computers that had been infected with malware. After identifying the source of the attacks, the FBI worked with Internet service providers to mitigate the attacks, and says 95 percent of the infected computers have been removed

All seven have been charged with computer hacking offenses and face a maximum 10 years in prison, if they can be tried in a U.S. court. The alleged dam hacker faces an additional 5 years for accessing a computer at that site.

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