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01/08/2020

Should banks expect cyberattacks from Iran?

American Banker

Some security experts have warned that Iranian hackers may go after U.S. targets, including financial services companies, in retaliation for the U.S. government's assassination of the Iranian military leader Qassem Soleimani.

Esmail Ghaani, Soleimani’s replacement as head of Iran’s army, said on Monday that "God the Almighty has promised to get his revenge" for the killing of Soleimani on Jan. 3, The Associated Press reported, and that actions would "certainly" be taken.

The Financial Services Information Sharing and Analysis Center, which gathers cyberattack reports from thousands of U.S. banks, said that it is “closely monitoring recent geopolitical developments on behalf of our members. We have advised our members to remain vigilant as we continue to actively monitor the situation.”

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