DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Computer specialist who had warned Iranian banks about vulnerability, hacks and dumps 3 million accounts to make his point

Posted on April 16, 2012 by Dissent

Is it just me, or have these folks missed the point? From The Tehran Times:

A computer specialist, who used to work for a PSP (payment service provider) company which offers a number of Iranian banks services for accepting electronic payments, has hacked accounts of three million bank customers to show the vulnerability of the banks to computer security threats, the Persian service of the Fars News Agency reported on Sunday.

According to the report, the hacker had provided the managing directors of the targeted banks with information about the bank accounts of 1000 customers in the previous Iranian calendar year (ended on March 19) to warn them about the susceptibility of their computer systems and networks to cyber threats.

The Central Bank of Iran issued a statement on Saturday advising the bank customers to change the passwords of their bank cards to prevent possible credit card fraud.

An official at the Central Bank of Iran also told the Persian service of IRNA on Sunday that no one has illegally accessed people’s bank accounts.

“It is possible that certain individuals have some information… but they cannot use this information until the bank cards are not in their possession,” Nasser Hakimi said.

The deputy chief of Iran’s cyber police, Mohsen Mirbahresi, also said on Sunday that there is no cause for concern because the hacker has not acquired important financial information, such as bank account numbers.

No statement about improving security? Changing passwords isn’t going to do it if the security problems aren’t addressed.

Radio Free Europe and Kabir News identify the hacker as Khosrow Zare Farid, a former manager at Eniak,the operator of Shetab payment network in Iran. According to Kabir News, Farid had previously warned the banks of the problem but got no response and decided to publish the data of 3 million accounts from ten Iranian banks.

I suspect he’s got their attention now.

The Iran Independent News Service reports that ATM’s in the country are no longer dispensing cash and that the only function working is the mode for changing the passwords.

Related posts:

  • A militarily degraded Iran may turn to asymmetrical warfare – raising risk of proxy and cyber attacks
Category: Breach IncidentsFinancial SectorHackNon-U.S.Of Note

Post navigation

← Duke University Health System notifies patients of breach-that's-not-called-a-breach? (updated)
UK: Briefcase stolen from social worker's home contained details of child protection cases →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • India’s Max Financial says hacker accessed customer data from its insurance unit
  • Brazil’s central bank service provider hacked, $140M stolen
  • Iranian and Pro-Regime Cyberattacks Against Americans (2011-Present)
  • Nigerian National Pleads Guilty to International Fraud Scheme that Defrauded Elderly U.S. Victims
  • Nova Scotia Power Data Breach Exposed Information of 280,000 Customers
  • No need to hack when it’s leaking: Brandt Kettwick Defense edition
  • SK Telecom to be fined for late data breach report, ordered to waive cancellation fees, criminal investigation into them launched
  • Louis Vuitton Korea suffers cyberattack as customer data leaked
  • Hunters International to provide free decryptors for all victims as they shut down (2)
  • SEC and SolarWinds Seek Settlement in Securities Fraud Case

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • German court awards Facebook user €5,000 for data protection violations
  • Record-Breaking $1.55M CCPA Settlement Against Health Information Website Publisher
  • Ninth Circuit Reviews Website Tracking Class Actions and the Reach of California’s Privacy Law
  • US healthcare offshoring: Navigating patient data privacy laws and regulations
  • Data breach reveals Catwatchful ‘stalkerware’ is spying on thousands of phones
  • Google Trackers: What You Can Actually Escape And What You Can’t
  • Oregon Amends Its Comprehensive Privacy Statute

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.