IMF hacking may cause "very large" data breach

Written by: Abdul Nisar
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IMF hacked
New York, Jun 13: Following the cyber attack, the International Monetary Fund (IMF) has disconnected its network connections with the World Bank. Even though the connection was resumed later, computer experts opinionated that the hacking attempt would be large and sophisticated.

An IMF official confirmed that it became the latest victim of the high profile hacking attempts on major corporations and institutions. Officials refused to comment on the extend of the attack, whether data breach happened to confidential information on the economic health of its 187 member countries or any systems were infiltrated.

"[A] subsequent investigation established that a Fund 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," an internal emails leaked to Bloomberg revealed.

Citing the manner of attack, computer experts have opinionated that it was a large and sophisticated cyber attack whose dimensions are still unknown. One of the IMF officials said that the attack was very serious in nature and it was detected before IMF's former head Strauss Khan's arrest for allegedly raping a hotel maid.

The New York Times quoted an IMF official as saying, "This was a very major breach."

Experts warned of serious consequences if data breach has happened to confidential information on the economic health of its 187 member countries.

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