Iranian authorities have “temporarily cut off” access to the country’s banking system for Iranians abroad to “prevent cyberattacks”, Iranian news agency IRNA reported.
IRNA said on July 4 that “the restrictions have been applied on the recommendation of the competent authorities and in order to address cyber threats”.
The news agency did not specify the “competent authorities”, but added that the action “affects only a limited number of banks which have the most connections abroad with banking systems, including online banking and mobile banking applications”.
Iran has faced a number of cyberattacks in recent years. He has also been accused of orchestrating cyberattacks against rival countries, including Israel and Saudi Arabia.
On June 27, one of Iran’s largest steel companies was forced to suspend operations until further notice after being the target of a cyberattack.
The Khuzestan Steel Company said in a statement that experts determined the company was unable to continue production due to technical issues following cyberattacks.
In 2021, an attack on the electronic transaction system used to distribute subsidized fuel crippled more than 4,000 service stations across the country and resulted in long lines of angry motorists unable to use their government-issued smart cards.
Iran was also targeted a decade ago by the Stuxnet computer worm, which is widely believed to have been designed by the United States and Israel to sabotage the country’s nuclear program.