Iranians Indicted in Hack Attacks on U.S. Banks and Dam

The Obama Administration issued a federal indictment charging seven Iranian officials with cyber crimes.

Adam Kredo of the Washington Free Beacon reports:

The Obama administration unsealed a federal indictment Thursday charging seven Iranian government-backed hackers with cyber crimes as the result of multiple attacks in recent years on several U.S. banks and a New York dam, according to officials.The indictment accuses the Iranian government and its Revolutionary Guards Corps of orchestrating and conducting a years-long cyber attack on at least 46 U.S. financial institutions and a dam based outside of New York City.The coordinated hack attacks took place between 2011 and 2013, with intrusions into U.S. financial institutions lasting nearly 200 days, according to Attorney General Loretta Lynch, who briefed reporters Thursday morning on the case.Lynch described Iran’s attack as “large-scale and coordinated,” noting that Iran’s goal was to cripple America’s economy and wreak havoc on these financial institutions, which faced tens of millions of dollars in damages as a result of the attacks.“These attacks were relentless, they were systematic, and they were widespread,” Lynch said. “We believe they were conducted with the sole purpose of undermining the targeted companies” and disrupting U.S. financial markets.The Obama administration promised legal penalties for these Iranian hackers, whom multiple officials insisted are “working on behalf of the Iranian government.The seven Iranians charged by the U.S. are believed to work for several hacker groups affiliated with the Iranian government and IRGC.

Indictment here:

Fathi Et Al Indictment

Follow Kemberlee on Twitter @kemberleekaye

Tags: Cyberwar, hackers, Iran

CLICK HERE FOR FULL VERSION OF THIS STORY