IMF Cyber Attack Resulted in Loss of Documents and Emails

imf-logoInternational Monetary Fund was targeted by a major cyber attack to steal sensitive insider information. The IMF hack resulted in the loss of a “large quantity” of data, including documents and e-mails. The New York Times cited computer experts as saying the IMF’s board of directors was told of the attack on Wednesday, though the assault had lasted several months.

The U.S. Federal Bureau of Investigation is helping to investigate the attack on the International Monetary Fund.

The IMF says its remains “fully functional” but has declined to comment on the extent of the attack or the nature of the intruders’ goal.

[advt]The code used in the IMF incident was developed specifically for the attack on the institution, said Kellerman, formerly responsible for cyber-intelligence within the World Bank’s treasury team.

Cyber security specialist Mohan Koo, who is also Managing Director, Dtex Systems (UK), told:

“The IMF attack was clearly designed to infiltrate the IMF with the intention of gaining sensitive ‘insider privileged information. A June 8 internal memo from Chief Information Officer Jonathan Palmer told staff the Fund had detected suspicious file transfers and that an investigation had shown a desktop computer “had been compromised and used to access some Fund systems. At this point, we have no reason to believe that any personal information was sought for fraud purposes.”[source]

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