U.S. Indicts 7 Iranians Working for Islamic Revolutionary Guard Corps-Affiliated Entities for Coordinated Cyber Attacks Against the U.S. Financial Sector

On March 24, 2016, Attorney General Loretta E. Lynch, Director James B. Comey of the FBI, Assistant Attorney General for National Security John P. Carlin  and U.S. Attorney Preet Bharara of the Southern District of New York announced a grand jury in the Southern District of New York  indicted seven Iranian individuals who were employed by two Iran-based computer companies on computer hacking charges related to their involvement in an extensive campaign of over 176 days of distributed denial of service (DDoS) attacks.  The companies for whom they worked were ITSecTeam (ITSEC) and Mersad Company (MERSAD), both of which worked on behalf of the Iranian government, including the Islamic Revolutionary Guard Corps.