Justice Department Charges 7 Iranians with Launching Cyber Attacks Against 40+ U.S. Banks

By Steve Neavling
ticklethewire.com

The Justice Department charged seven Iranians who are accused of cyber attacks targeting more than 40 U.S. banks.

One of the suspects also is accused of breaking into the computer network of a small New York dam, the Christian Science Monitor reports.

The Iranians are accused of launching a campaign of distributed denial of service, or DDoS, attacks against 46 American companies between 2011 and 2013.

“The attacks were relentless, systematic, and widespread,” U.S. Attorney General Loretta Lynch said in a press conference Thursday. “We believe that they were conducted with the sole purpose of undermining the targeted companies and damaging the online operation of America’s free market.”