Iranian daily Shargh says Iran’s banking system is trapped in a familiar cycle: cyberattack, service collapse, public confusion, brief official statements and a gradual return to normal without any clear report on what failed or who was responsible.
The newspaper wrote that banking outages have become almost routine for many Iranians over the past two years. Cards stop working, ATMs and mobile banking services fail, customers line up outside branches, and officials ask people to be patient and follow news from official sources.
Then, after hours, days or sometimes weeks, services return without a full explanation of the cause, the damage, the vulnerable points in the system or the responsibility of the banks and regulators involved.
The latest wave of disruption hit several major banks in June, including Melli, Saderat, Tejarat and the Export Development Bank of Iran. Mobile banking, internet banking, ATMs, point-of-sale terminals and card-based services were disrupted. The Coordination Council of Banks and the Informatics Services Corporation confirmed cyberattacks but said customer data remained safe.
Days later, another wider disruption affected card-based services across the banking network, with Melli, Saderat and Tejarat again among the banks most affected. The Informatics Services Corporation said some services had been deliberately restricted to prevent unauthorized access and protect customers’ data and assets.
But Shargh said many users were still reporting problems even after officials said services had been restored. The paper said ordinary transactions had become difficult for some people, including buying bread, paying taxi fares and transferring or receiving money.
The pattern is not new. During the 12-day Iran-Israel war last year, Bank Sepah suffered a major cyberattack that disrupted non-branch services.
The hacker group Predatory Sparrow claimed responsibility and said it had destroyed part of the bank’s infrastructure. Bank Pasargad was also hit shortly afterward. The government confirmed attacks on both banks and said public data had not been harmed, but full restoration of some services took days or weeks.
Shargh said the repeated failures have left one central question unanswered: why does Iran’s banking network collapse every few months, while no transparent report is published on the cause of the attacks, the scale of the damage or the responsibility of the institutions in charge?
Nima Amirshakari, an electronic banking specialist, told Shargh that the root of the problem is Iran’s weak connection to the outside world. He said parts of the country’s banking infrastructure are nearly three decades old and were built around systems bought long ago from foreign companies.
According to Amirshakari, many of those systems have been expanded through hardware upgrades, with more processors, storage and equipment, but their core software has not been properly modernized. A system that is not updated, patched or redesigned, he said, becomes easier for attackers to predict.
He argued that banks connected to the global financial system are forced to keep pace with changing standards in security, credit, lending and technology. Iranian banks, by contrast, operate in a closed environment where modernization is often treated as a choice rather than a necessity.
Shargh also quoted cybersecurity expert Saeed Souzangar as saying that the problem is not just technology. Sanctions, internet restrictions, weak administrative structures and limited investment in skilled personnel have left many institutions with expensive equipment but not enough expertise to use it securely.
Souzangar said banks and regulators in Iran do not appear to face a serious obligation to inform the public during cyber incidents. In many countries, organizations hit by cyberattacks must explain the scope of the incident, the number of users affected and the corrective steps taken. In Iran, he said, such reporting is often replaced by short and general statements.
That absence of accountability may be the most damaging part of the crisis. If banks face no clear legal, financial or reputational cost for service failures or security weaknesses, there is little pressure to invest seriously in prevention, training and public reporting.
The latest attacks have also triggered a political dispute over whether access to the international internet made the banking system more vulnerable.
Some officials blamed the reopening of internet access, but Behdad Akbari, deputy communications minister and head of Iran’s Infrastructure Communications Company, rejected the claim, saying the affected core banking systems were not connected to the public internet.
Shargh’s experts said blaming internet access alone is not a serious explanation. Internet restrictions can weaken security by limiting updates and access to global tools, but the causes of repeated banking failures cannot be reduced to a single technical claim without a proper investigation.
Tehran’s unveiling of a towering statue depicting the Roman Emperor Valerian kneeling before pre-Islamic Persian King Shapur I has renewed criticism of the Islamic Republic’s appeal to nationalist sentiment following the June war with Israel.
For over forty years, the theocracy purged ancient Persian history from schoolbooks, replacing it with post-Islamic narratives. But after the 12-day conflict with Israel, officials have turned to the distant pre-Islamic past to rally a divided society.
From murals of ancient kings and soldiers to patriotic songs added to Shi’ite mourning ceremonies performed before Supreme Leader Ali Khamenei, Tehran now embraces imagery once deemed heretical by its own revolutionary ethos.
'Kneel before Iran' campaign
Tehran’s Revolution (Enghelab) Square was the scene of an unusual spectacle on Friday as officials unveiled a massive bronze statue depicting Roman Emperor Valerian kneeling in submission before Sassanid King Shapur I, commemorating Iran’s victory at the Battle of Edessa (260 AD).
The event was held under the slogan “Kneel before Iran,” part of what authorities describe as a campaign to project “national unity and historical pride” following the June war with Israel.
Tehran Mayor Alireza Zakani, a staunch ultraconservative, said on X: “Enmity with Great Iran can only end in kneeling before this historic nation.”
Municipal official Davood Goodarzi said the installation would be accompanied by visual displays depicting “other victories of Iranians over foreign aggressors,” including the defeat of British forces by local commander Rais-Ali Delvari, Mirza Kuchak Khan’s resistance against Russian troops, and Surena’s triumph over Rome at the Battle of Carrhae in 53 BCE.
The goal, Goodarzi said, is “strengthening concepts such as national dignity, social unity, and Iranian identity.”
The statue, he said, would remain temporarily at Revolution Square before being moved to a city gateway “where it will stand as the first emblem of Iran before diplomats and foreign visitors.”
Unveiled women were allowed to attend the unveiling ceremony—an uncommon scene at events organized by Tehran’s ultra-hardline municipality.
The turn to the pre-Islamic past
The sharp reversal also recalls remarks once made by Khamenei. In a 2011 speech, he asserted that “all the great military victories of this nation came after Islam,” dismissing pre-Islamic accounts as “things that are not documented.”
In 1987, he had said that prophets triumphed over kings such as Cyrus and that “nothing remains of these monarchs in history but names remembered with derision.”
Nevertheless, pro-government social media accounts have now gone so far as to circulate posters equating Khamenei himself with Shapur, showing him standing with a staff as Benjamin Netanyahu and Donald Trump kneel before him. The caption reads: “You will kneel before Iran.”
'Hypocrisy'
Pro-government figures have hailed the move as a patriotic success. Conservative political reporter Hossein Saremi posted: “Today’s grand Iranian gathering showed that people and the state share one essence: Iran itself. Nothing can take our homeland away.”
Others, however, called the spectacle “hypocrisy.” Journalist Gholamhossein Pashaei wrote on X: “Every year you close Pasargadae to stop people from celebrating Cyrus Day, yet you unveil Shapur’s statue in Enghelab Square with drums and fireworks during Fatimiyya (mourning period)!”
Dissident commentator Hamid Asafi called the ceremony “a perfect snapshot of the Islamic Republic’s contradictions.”
On Telegram he wrote: “A week ago they closed Cyrus’s tomb out of fear of the crowds, and now they glorify Shapur in the same breath. The Islamic Republic fears living history but poses for selfies with its corpse.”
He added: “They know people no longer respond to rosaries and sermons. That’s why they’ve brought history back to the stage—in a controlled costume. If they can’t erase the past, they’ll try to own it.”
The irony deepened as UNESCO formally recognized Cyrus’s Charter as one of the earliest human-rights documents.
President Masoud Pezeshkian wrote on X: “Iran, the cradle of dialogue, justice, and coexistence, can still inspire peace today.”
Users swiftly replied, questioning how such pride could coexist with a government that blocks access to Cyrus’s tomb each year to those wishing to visit it on his birthday.
