18 Dec '12, 10am

INTELLIGENCE: Iran Hacks Ships At Sea

December 18, 2012: Iran is now hacking the transponders tankers and cargo ships are required to carry, in order to beat international sanctions against selling their oil and importing certain goods. Iran is also using its smugglings skills (acquired over decades of beating American and UN weapons sanctions) to help sell its oil. The latest round of sanctions makes it much more difficult for Iran to export oil. This has caused Iran to come up with a number of new methods to get around these prohibitions. Iranian agents are offering deep discounts to buyers willing to create false documents and move the Iranian crude. This is risky, for those who get caught can be prosecuted, jailed, and fined. But Iranian smugglers know who is willing to take chances, if the payoff is large enough. Selling oil at discounts of 30 percent or more still costs Iran. So also does the expense of ...

Full article: http://www.strategypage.com/htmw/htintel/articles/2012121...

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