Unknown attackers have cyber heisted the International Monetary Fund, but there's been no indication as to what—if anything—the cyber criminals managed to get their hands on. According to the New York Times, computer experts have labeled the attack "large and sophisticated," a breach in the fund's security so severe that even IMF's partner, the World Bank, severed the data connection between the two institutions in a precautionary measure.
The IMF presents a juicy target for hackers, as it contains a wealth of confidential financial information related to the fiscal dealings of various nations. This includes information related to countries' bailout programs as well as background communications between national leaders attempting to negotiate their way through their countries' financial crises. As one unidentified individual said in an interview with the New York Times, IMF's information could be considered, "political dynamite in many countries."
The IMF presents a juicy target for hackers, as it contains a wealth of confidential financial information related to the fiscal dealings of various nations. This includes information related to countries' bailout programs as well as background communications between national leaders attempting to negotiate their way through their countries' financial crises. As one unidentified individual said in an interview with the New York Times, IMF's information could be considered, "political dynamite in many countries."
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