Iran�rejected media�reports that it is behind a wave of online attacks against U.S. banks, saying it disapproves of offensives against financial bodies.
�Iran respects international law and refrains from targeting other nations� economic or financial institutions,� Iran�s mission to the United Nations said in a statement issued yesterday, according to a report published on the state-run�Press TV�news channel�s website. Iran condemns the use of malware that targets service-providing institutions and violates states� sovereignty, according to the statement.

In the past four months, online banking sites including those of�Bank of America Corp., Citigroup Inc.,�Wells Fargo & Co. (WFC),�U.S. Bancorp (STL)�and�HSBC Holdings Plc (HSBA)�have faced major disruptions, according to a Jan. 8�New York�Times�report.

James A. Lewis, a former official in the State and Commerce Departments and a computer security expert at the Center for Strategic and International Studies in Washington, was quoted as saying in the report that �there is no doubt within the U.S. government that Iran is behind these attacks.�

By Bloomberg

 

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