Monday, June 13, 2011

IMF Targeted In 'Major' Cyber Attack

IMF Hit By 'Very Major' Cyber Security Attack -- BBC

The International Monetary Fund (IMF) says it has been targeted by a sophisticated cyber attack.

Officials at the fund gave few details but said the attack earlier this year had been "a very major breach" of its systems, the New York Times reports.

Cyber security officials said the hack was designed to install software to create a "digital insider presence".

The IMF, which holds sensitive economic data about many countries, said its operations were fully functional.

The cyber attack took place over several months, and happened before former IMF chief Dominique Strauss-Kahn was arrested over sexual assault charges.

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My Comment: The only thing that I am surprised about this news is .... what took so long for hackers to target the IMF.

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