Online fraud Top News

SamSam Ransomware: A Cyberattack Launched by 2 Iranians in the US

samsam ransomware

SamSam ransomware is one of the highest profile cyber-attacks on the US soil and one of its unique kind in the 21st century.

It is launched by 2 Iranians, Faramarz Shahi Savandi (34) and Mohammad Mehdi Shah Mansouri (27), and 2 more Ali Khorashadizadeh and Mohammad Ghorbaniyan as they are sanctioned by the US for their involvement in helping them exchanging the ransom payments from Bitcoin digital currency into Rials.

SamSam ransomware was a 34-month long hacking scheme in which hospitals, schools, companies, and government agencies, including the cities of Atlanta, Georgia, New York, and New Jersey got hacked by them.

Read more >> A New Ransomware Technique Uses Your Password to Fraud You

It caused $30 million in losses to victims and getting their hands on over $6 million in the ransom payments.

Six courts indicted charges on them. One count charged in the conspiracy to commit wire fraud, another for fraud related to computers, and other courts accusing them of intentionally damaging protected computers and illegally transmitting demands related to protected computers.

Though it would be difficult to hold them accountable in a federal court because the United States does not have an extradition treaty with Iran.

Experts believe that because of this issue actions are unlikely to have an impact.

It’s not a new thing because lower scale not this type of cyber-attack also occurs in 2016 that forced Hollywood Presbyterian Hospital in Los Angeles to turn away patients.

One last year happened that caused shutting down Atlanta courts and much of its city government.

About the author

Zeeshan Riaz

Mr. CH. Zeeshan Riaz is the founder of The CyberForm. Prior to starting the firm, he was working as IT Operations Director at a Multinational Company. He has been working in the IT sector Since 2010.

Add Comment

Click here to post a comment