IMF hit by major cyber security hack

The International Monetary Fund (IMF) has said that they have been targeted by what they called “a sophisticated cyber-attack”.

According to the BBC website, officials at the fund didn’t give out many details, but said that the attack occurred earlier this year and had been a “very major breach” of its systems. It is believed that the hack was designed to install software that would have created a “digital insider presence”.

The attack seems to have taken place over several months despite details only just coming out. The New York Times said that IMF staff were first told of the breach on Wednesday via e-mail, but that the Fund had decided not to make the news public at that time.

The IMF holds many pieces of sensitive and private economic data about various countries and according to the BBC, the attack was itself connected to a foreign government, although it is expected to be very hard to trace.

The World Bank decided to cut its network connection with the IMF out of “an abundance of caution” in case the attack carried on over to them.

This is the latest in a line of security breaches for a number of many corporations and companies around the world, including Sony, Codemasters, Epic Games and Lockheed Martin

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31 Comments

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Maybe the hackers have been watching too much Mission Impossible and thought they were hacking a covert government organisation

flexkeyboard said,
The real IMF are International Mother F@#$%&*!

I bet Dominique Strauss Kahn could vouch for that name change...

badsey said,
is this the start of a cyber war ?

No and I'm sure I read this on the BBC news web site a few weeks ago. I think these companies are obviously just not investing in security and not keep computers up to date. I'm glad it's happening it's teaching them a lesson!

bucko said,

No and I'm sure I read this on the BBC news web site a few weeks ago. I think these companies are obviously just not investing in security and not keep computers up to date. I'm glad it's happening it's teaching them a lesson!


Its Microsoft trying to sow them they need to upgrade from Windows XP lol

badsey said,

Its Microsoft trying to sow them they need to upgrade from Windows XP lol

+1

It was Microsoft which hacked RSA and now using those stolen SecureIDs to break into organizations , like the IMF (stolen RSA keys were used in the hack) /s

alexalex said,

+1

It was Microsoft which hacked RSA and now using those stolen SecureIDs to break into organizations , like the IMF (stolen RSA keys were used in the hack) /s

LOL, your talking rubbish. But if you think this is true have you got anything to back up your claim?

StevenNT said,

LOL, your talking rubbish. But if you think this is true have you got anything to back up your claim?

What claim ? IMF hacked with stolen RSA SecureID keys ? :-)

alexalex said,

What claim ? IMF hacked with stolen RSA SecureID keys ? :-)

No, I'm on about your claim that it was Microsoft which was behind stealing RSA keys.

badsey said,

Its Microsoft trying to sow them they need to upgrade from Windows XP lol

LOL, +1
THANK YOU. I'm always disgusted by how much these agencies still rely on Windows XP, yet they claim they're "secure." Upgrade to 7 already!

Lockheed Martin and now IMF, could this perhaps be someone trying to track down investments or find new weapon technologies or specifics about a certain technology. China is stepping up on the warfare technology front and I'm quite sure they took the secret stealth helicopter that crashed at Osama's base.

Gaffney said,
I'm quite sure they took the secret stealth helicopter that crashed at Osama's base.

While they may have had a look at it, the wreckage is now back in the US after John Kerry neogiated its return.

Gaffney said,
Lockheed Martin and now IMF, could this perhaps be someone trying to track down investments or find new weapon technologies or specifics about a certain technology. China is stepping up on the warfare technology front and I'm quite sure they took the secret stealth helicopter that crashed at Osama's base.

Let's not forget all the important parts were destroyed by the SEALs when it crashed...

Mr. Black said,

Let's not forget all the important parts were destroyed by the SEALs when it crashed...

Except for the fact that it's now widely known the U.S. has a stealth helicopter in use today. The pictures on CNN clearly showed the tell-tale signs of a stealth aircraft combined with a helicopter.