Iran-US War Latest: Iranian Banks Hit by Cyber Attack after Trump said Millions in Frozen Funds would be Released
By Alisha Rahaman Sarkar, Maira Butt & James C. Reynolds
Iran has denied that it has agreed to the inspections and warned against ‘exaggerations’.
Iranian banks were hit by a cyber attacks just days after Donald Trump said that frozen funds would be returned to the Islamic Republic as part of their initial deal to end the war.
Iran’s state-owned technology provider said on Tuesday that ATMs, point-of-sale terminals and mobile apps linked to card systems at three banks were affected. The banks had to temporarily suspend all card-related operations to stop further unauthorised access to accounts, they told state TV.
Cybersecurity teams were working to restore normal operations after the attack, which adds to the disruption from an earlier incident on 14 June that hit the communication infrastructure at several banks. There has been no official statement on who Iran thinks was behind the cyberattacks.
The attacks came after Washington offered relief from sanctions and the release of frozen assets held around the world as part of an interim deal to end the war. The US on Monday agreed to waive sanctions for 60 days after a first round of talks in Switzerland.
Negotiations remained tense, however, as Iran denied it had agreed to invite nuclear inspectors back into the country, after US Vice President JD Vance said it had.
