IMF Network Hit By Cyber Attack

Fox News
June 11, 2011

The International Monetary Fund (IMF) was Saturday investigating a recent cyber attack that hit its network, the latest in a series of high-profile hacking incidents against major corporations and institutions.

The fund declined to disclose the nature of the attack, whether its systems were infiltrated or whether any confidential information had been compromised. The extent of any infiltration remains unclear.

"We had an incident," said IMF spokesman David Hawley. "We're investigating it and the fund is completely functional." He said IMF staff received a "routine notification" about the incident by email Wednesday asking them to contact their tech department "if they saw anything suspicious."

The threat against the institution is the latest in a recent series as it responds to economic turmoil in several European nations. Earlier this month, the IMF said it had taken precautions after a group called Anonymous indicated its hackers would target the IMF website in response to the strict austerity measures in its rescue package for Greece.

The IMF has faced repeated cyber attacks in recent years. It routinely collects sensitive information about the financial conditions of its 187 member nations. Some data in its computer systems could conceivably be used to influence or trade currencies, bonds and other financial instruments in markets around the world.


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