Bank Sepah is no longer an institution. It is a liability.
Iran’s cyber vulnerabilities, authoritarian overreach, and corruption-laden banking system have again been laid bare. Codebreakers Group’s announcement confirms that Bank Sepah—one of Iran’s oldest and most influential financial institutions—has been gutted. Over 12 terabytes of sensitive customer data tied to 42 million individuals, 114 million accounts, and 12 million registered facilities were stolen and placed…
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