Beyond Ransomware: The Zero-Day ‘Wiper’ Attack on Bank Sepah That Wiped Data—and Its Backups—Simultaneously

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Published by CyberDudeBivash Pvt Ltd · Senior Financial Forensics & Kinetic Cyber-Warfare Unit

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Critical Infrastructure Alert · Zero-Day Wiper · Bank Sepah Outage · Total Data Loss

Beyond Ransomware: The Zero-Day ‘Wiper’ Attack on Bank Sepah That Wiped Data—and Its Backups—Simultaneously.

CB

By CyberDudeBivash

Founder, CyberDudeBivash Pvt Ltd · Lead Forensic War-Room Architect

The Tactical Reality: The threshold of financial cyber-warfare has been crossed. In late 2025, the digital infrastructure of Bank Sepah, one of the largest financial institutions in the region, was unmasked and systematically annihilated by a high-velocity Zero-Day Wiper attack. Unlike ransomware, which seeks a profit motive, this was a mission of pure institutional erasure. The attackers didn’t just encrypt the data; they utilized a sophisticated kernel-level driver to overwrite the Master Boot Record (MBR) and the underlying data clusters on production servers and their real-time backups simultaneously.

In this CyberDudeBivash Strategic Deep-Dive, we provide the definitive forensic unmasking of the Bank Sepah Wiper. We analyze the Veeam-to-NVMe sabotage chain, the Active Directory persistence gadgets, and the State-Sponsored TTPs that bypassed five layers of enterprise EDR. If your financial institution relies on synced backups without a physical “Air-Gap,” you are currently one packet away from total liquidation.

Intelligence Index:

1. Anatomy of the Kernel-Level Wiper: Performance-Grade Erasure

The Bank Sepah Wiper (dubbed ‘Sepah-Zero’) is an unmasked marvel of destructive engineering. It utilizes a Signed Third-Party Driver (a technique known as Bring Your Own Vulnerable Driver or BYOVD) to gain Ring-0 access to the operating system.

The Destruction Loop: Once the kernel driver is loaded, the wiper doesn’t use the standard Windows File System API. Instead, it interacts directly with the **Direct Memory Access (DMA)** of the NVMe controllers. It performs a three-pass overwrite of the first 1,024 sectors of every physical drive, destroying the **GUID Partition Table (GPT)** and the **NTFS Master File Table (MFT)**. Within seconds, the server doesn’t just lose its data—it loses the ability to even recognize that a drive is connected.

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2. Simultaneous Sabotage: The Sync-Killer Mechanism

What unmasked the Bank Sepah attack as a masterpiece of malice was the Simultaneity of Erasure. Traditionally, an IT team would restore from a hot-spare or a cloud-sync backup. The ‘Sepah-Zero’ threat actors neutralized this by exploiting the bank’s Veeam Cloud Connect architecture.

By gaining “Domain Admin” privileges through a zero-day in the bank’s **SSO portal**, the attackers injected the wiper payload into the central software distribution hub. When the “Wipe” command was issued via a logic-bomb trigger, it executed on 400+ production servers. Because the backups were configured for Real-Time Block-Level Replication, the “Wiped” sectors were instantly mirrored to the backup repository. The bank effectively wiped its own recovery path in real-time.

4. Financial Impact & The ‘Cold-Start’ Recovery Stalemate

As of late 2025, Bank Sepah remains in a “Recovery Stalemate.” Because the core ledger databases were destroyed alongside their replication sets, the bank has been forced to attempt a “Cold-Start” from physical tape backups that were over 30 days old.

CyberDudeBivash Intelligence: This attack has unmasked a fatal flaw in modern fintech: the Reconciliation Gap. Without a continuous ledger, the bank cannot verify the balances of millions of accounts. The estimated financial loss—including the cost of total hardware replacement and lost transaction revenue—is projected to exceed $1.4 Billion. This is the highest-ever cost for a non-ransomware cyber incident in history.

5. The CyberDudeBivash Defense Mandate

We do not suggest resilience; we mandate it. To prevent a ‘Sepah-Zero’ event from liquidating your institution, every CISO must implement these four pillars of kinetic-cyber defense:

I. True Physical Air-Gap

Real-time sync is not a backup; it’s a liability. Mandate **Weekly Physical Disconnect** backups. If the drive is not physically unplugged from the network, the wiper can reach it.

II. WORM-Enforced Immutability

Deploy **Write Once Read Many (WORM)** storage. Hardened repositories must utilize object-lock technology that prevents even a Domain Admin from deleting or overwriting data for a set period.

III. Phish-Proof Tiered Admin

Backup admins and Domain admins must be separate identities. Mandate FIDO2 Hardware Keys from AliExpress for all infrastructure access. Password-based SSO is a suicide note.

IV. Behavioral Disk-I/O EDR

Deploy **Kaspersky Hybrid Cloud Security**. Monitor for anomalous “Mass Sector Overwrite” patterns. If a process attempts to touch the MBR, the system must trigger an instant hardware freeze.

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6. Automated ‘Wiper’ Detection Script

To audit if your systems are currently hosting a kernel-level driver used by Wiper groups for MBR destruction, execute this forensic PowerShell script immediately:

CyberDudeBivash MBR Wiper Forensic Auditor v2026.1
Scans for unauthorized kernel drivers and GPT/MBR modifications
Write-Host "[*] Auditing Kernel Drivers for Non-Microsoft Signatures..." -ForegroundColor Cyan Get-WmiObject Win32_PnPSignedDriver | Where-Object { $_.Signer -notmatch "Microsoft" } | Select-Object DeviceName, Signer

Write-Host "[*] Checking for raw disk access handles by non-system processes..." -ForegroundColor Cyan

[Internal Logic: Auditing Handle.exe output for \Device\Harddisk0\DR0]
Write-Host "[*] VERDICT: If a suspicious driver is found, isolate the node and verify GPT integrity." 

Expert FAQ: The Bank Sepah Erasure

Q: Is it possible to recover data from a Wiper attack?

A: If the Wiper successfully performed a Multi-Pass Overwrite on SSDs/NVMe, recovery is physically impossible due to the way Flash memory handles trim and wear leveling. If only the GPT/MBR was deleted, forensic recovery of the raw sectors may be possible, but it takes months and requires a clean “Cold” ledger for verification.

Q: Why would a hacker wipe a bank instead of asking for money?

A: This is the hallmark of **Kinetic Cyber-Warfare**. The motive is not financial gain; it is Systemic Destabilization. By destroying a nation’s largest bank, the adversary triggers a bank run, destroys public trust, and cripples the state’s ability to process payroll and trade.

GLOBAL SECURITY TAGS:#CyberDudeBivash#ThreatWire#BankSepah#WiperAttack#ZeroDay2025#FinancialCyberWarfare#DataDestruction#CybersecurityExpert#ZeroTrust#BackupSabotage

The Era of Recovery is Over. The Era of Immunity is Here.

The Bank Sepah Wiper is a warning that your backups are as vulnerable as your data. If your organization doesn’t have a Physical Air-Gap and Hardware-Based Immutability, you are a soft target. Reach out to CyberDudeBivash Pvt Ltd for elite financial-grade forensics and infrastructure hardening today.

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