3 Million Bank Accounts Hacked In Iran

After finding a security vulnerability in Iran's banking system, Khosrow Zarefarid wrote a formal report and sent it to the CEOs of all the affected banks across the country. When the banks ignored his findings, he hacked 3 million bank accounts, belonging to at least 22 different banks, to prove his point. Infact all of atm machines are now blocked but the only option that appears when atm card is used is to change the pin code, not to withdraw funds that's basic necessity of these banking cards. Zarefarid didn't stole money he just stole account details of around 3 million individuals, including card numbers and PINs, on his blog: ircard.blogspot.ca.


Later banks blocked the clients accounts for security purposes p.s tried hard to give them media support. But Zarefarid had his blogger removed as I tried to research on his blog in search engine and ended up here.

Zarefarid letter clarified on his facebook and twitter account that Iranian security is week and needs a big room for improvement. He defended himself, you can see following scree shoot from Khosrow Zarefarid's Official Twitter Account.