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IMF hit by sophisticated cyberattack: report

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June 12, 2011

The International Monetary Fund (IMF) was the target of a sophisticated cyberattack earlier this year, the New York Times reported Saturday, quoting senior officials at the world lender.

The global financial institution — which has been spearheading the response to the eurozone crisis in recent months — has detailed and market-moving information on the fiscal shape of the world’s economies.

“This was a very major breach,” an IMF official said, according to the Times, adding that the months-long attack began before former IMF chief Dominique Strauss-Kahn was accused of sexually assaulting a hotel maid in Manhattan.

The IMF could not be reached Saturday, but the Times quoted its spokesman as saying the fund was investigating an incident and was “fully functional.”

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This article was posted: Sunday, June 12, 2011 at 6:51 am

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