Nine Iranians Charged, Sanctioned Over $3.4 Billion Cyber Theft Campaign


Nine Iranian nationals and one Iranian entity on Friday were sanctioned by the Treasury Department and charged by the Department of Jusitice for allegedly hacking into hundreds of universities and other organizations, stealing information on behalf of Iran’s government.

The individuals worked in some capacity for an Iran-based company called the Mabna Institute, which investigators say was founded in 2013 to help Iranian universities and scientific and research organizations gain access to non-Iranian scientific materials.

The hackers allegedly breached and stole information from American universities that cost them approximately $3.4 billion to procure and maintain, Deputy Attorney General Rod Rosenstein said at a press conference Friday.

Read more at The Hill.



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