Central Bank of Iran Details
Central Bank of Iran
Tehran • 1000 employees • Financial Services
https://www.cbi.ir/page/GeneralInformation.aspx
Iran
Industry
Financial Services
Security Incidents
1
The Central Bank of Iran, also known as Bank Markazi, is the central banking authority of Iran. Founded in 1960, its primary purpose is to maintain the value of the Iranian rial, regulate the country's banking system, and manage the nation's monetary policy. It also oversees foreign exchange reserves and aims to ensure economic stability through measures such as controlling inflation and managing interest rates.
Throughout its history, the Central Bank of Iran has been responsible for significant financial regulations and economic reforms. It has implemented various monetary policies to addre...
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Security Incidents
Central Bank of Iran Breach of Aug 2024
The timing of the cyberattack coincided with heightened international scrutiny of Iran’s activities in the Middle East, particularly in relation to the Gaza conflict. Intelligence experts speculated that the attack could be lin...
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While it is not explicitly stated whether customer data was exposed, the severity of the attack on banking systems suggests a potential risk to sensitive financial data. Internal company data or intellectual property theft was not mentioned explicitly, but the scale of the disruption indicates that the attackers had significant access to operational syst...
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Severity Score
High
Type
UnknownSummary
On August 14th, 2024, the Central Bank of Iran (CBI) and several other major banks experienced a significant cyberattack that disrupted their operations extensively. This incident incapacitated the banks' computer systems, hampering their ability to provide services. Reports indicated that this was one of the largest cyberattacks on Iran's state infrastructure to date.The timing of the cyberattack coincided with heightened international scrutiny of Iran’s activities in the Middle East, particularly in relation to the Gaza conflict. Intelligence experts speculated that the attack could be lin...
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Severity
The recent cyber attack on the Central Bank of Iran (CBI) and several other banks represents one of the most significant breaches of Iran’s state infrastructure to date. The attack, which crippled the computer systems of the affected banks, occurred amidst heightened international scrutiny of Iran's actions in the Middle East and potential attempts to influence the upcoming US Presidential election. Given the scale and timing of the disruption, this incident is assessed as "High" in severity, scoring a 9 out of 10.Impact
The recent cyber attack on the Central Bank of Iran (CBI) and several other banks caused significant disruptions. The incident led to the crippling of computer systems within these financial institutions, severely impacting their operations.While it is not explicitly stated whether customer data was exposed, the severity of the attack on banking systems suggests a potential risk to sensitive financial data. Internal company data or intellectual property theft was not mentioned explicitly, but the scale of the disruption indicates that the attackers had significant access to operational syst...
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