IMF Attack: 1 of Dozens of Breaches?

[InfoSec News <alerts () infosecnews org>]

http://www.bankinfosecurity.com/articles.php?art_id=3736

By Tracy Kitten
Managing Editor
Bank Info Security
June 13, 2011

Details surrounding the reported breach of the International Monetary Fund 
remain sketchy, but alarming, as the pace of high-profile breaches 
continues unabated. And Gartner analyst Avivah Litan believes there may be 
"dozens" of similar incidents that have not been disclosed.

On June 12, The Wall Street Journal reported IMF spokesman David Hawley 
confirming that "an IT incident" had affected IMF's systems, and that 
staff had been notified to report anything suspicious going forward. 
"We're investigating it, and the fund is completely functional," Hawley 
said.

The IMF, a multinational organization that supports global monetary 
cooperation, financial stability and international trade, last week 
reportedly suffered an attack to its computer system. The IMF holds 
confidential information about numerous countries in financial trouble.

The Federal Bureau of Investigation is reportedly investigating the 
incident.

After word of the breach was publicized over the weekend, the World Bank 
deactivated a cyberlink it has with the IMF, one that allows the two 
organizations to share non-sensitive information and collaborate on 
economic concerns of member nations.

[...]


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