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The airstrike occurred early on Friday at Baghdad international airport and killed the Iranian commander in well as other Iraqi commanders.

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International relation scholars have argued that this could see further escalation and ultimately all-out war. Despite growing concern from world leaders Donald Trump has argued the attack against the general is more likely to have prevented World War 3 than caused it. The US president said: "We took action last night to stop a war.


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We did not take action to start a war. Mr Trump said the US was not seeking regime change in Iran, but claimed the world was a safer place without "monsters" such as Gen Soleimani.

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Mr Trump said the Iranian general was plotting "imminent and sinister attacks" and added: "We caught him in the act and terminated him. However, despite the President's insistence that his actions were done to stop a war, fears of a global conflict have exploded.

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Editorial what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. US banks put on red alert as Iran crisis deepens 07 January 3.

Iran believed to have deliberately missed US forces in Iraq strikes - Task & Purpose

The Iranian government has vowed to retaliate against the United States for the death of Qassem Soleimani, the Middle East country's most prominent military commander. In , the Justice Department unsealed indictments against seven Iranians who were allegedly working on behalf of the Iranian government, including the Iranian Revolutionary Guard Corps, charging them with perpetrating the DDoS campaign. DFS is calling on banks to ensure that all vulnerabilities are patched and remediated, to update employee training and disaster recovery programmes, fully implement multi-factor authentication and promptly report any suscpected intrusions by outside forces.

States the DFS: "It is particularly important to make sure that any alerts or incidents are responded to promptly even outside of regular business hours - Iranian hackers are known to prefer attacking over the weekends and at night precisely because they know that weekday staff may not be available to respond immediately.

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