IMF Gets Hit With Major Cyberattack Security Breach

Amit Chowdhry | Saturday June 11, 2011 | 716 views| 1 Comment
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The International Monetary Fund (IMF) was recently hit with a major cyberattack. The IMF is responsible for preventing financial problems across the world. The IMF also has tons of confidential information about the fiscal conditions of countries.

“This was a very major breach,” stated an IMF official. The breach took place even before French politician Dominique Strauss-Kahn stepped down for sexually assaulting a maid in a New York hotel. It in uncertain what kind of data that hackers were able to get their hands on to.

The attack was believed to be using a “spear phishing” technique. That means an individual from within the IMF clicked on a malicious web link or by running a program that opens access to the network of the computer.

[NYT]

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