‘Sophisticated cyber attack’ targets IMF

Hackers attempted to create a mysterious ‘insider presence’ at the organisation, which is investigating with the FBI.

The International Monetary Fund’s computer system has been targeted in a cyber attack which sought to gain an ‘insider presence’ in the organisation’s network.

An IMF spokesperson said on Saturday that the network was hacked and much information was stolen prior to the May 14 arrest of former IMF chief Dominique Strauss-Kahn, but would not release more details about what was taken.

“The fund is fully functional,” said David Hawley, the IMF spokesperson.

“I can confirm that we are investigating an incident. I am not in a position to elaborate further on the extent of the cybersecurity incident.”

“This was a very major breach,” a senior official with knowledge of the attack told the New York Times.

According to a cybersecurity expert who has worked for both the IMF and World Bank, the goal of the attack was to install software that would give a nation-state a “digital insider presence” on the network.

Probing the attack

No reliable source has yet identified what government orchestrated the hack, but the United States’ Federal Bureau of Investigation is involved in an investigation of the cyber attack, according to a US Defense Department spokesperson. read more

Comment: I wonder why they do not want to tell us which country is involved? guess who?

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