Treasury Sanctions Iranians Involved in 2011-12 Bank DDoS Attacks

The Treasury Department’s Office of Foreign Assets Control today announced sanctions against 11 entities and individuals for support of previously sanctioned Iranian actors and for malicious cyber-crime, including a series of distributed denial of service attacks against U.S. financial institutions.

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Nichols: Bankers on ‘Leading Edge of Cybersecurity’

As the guardians of consumers’ sensitive financial data, America’s banks are “on the leading edge of cybersecurity,” ABA President and CEO Rob Nichols remarked in an interview today for the .BANK Influencer Series, which spotlights influencers from across the financial industry.

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