World Bank under cyber siege in 'unprecedented crisis'
- added October 10, 2008
- 4 responses
-
-
-
- skyaddicted
- added this
-
-
- related topics
-
- News and Politics (45186)
- Politics (34528)
- Finance (1047)
- World Bank (59)
The World Bank Group's computer network — one of the largest repositories of sensitive data about the economies of every nation — has been raided repeatedly by outsiders for more than a year, FOX News has learned.
It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution's highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank's network for nearly a month in June and July.
In total, at least six major intrusions — two of them using the same group of IP addresses originating from China — have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month.
In a frantic midnight e-mail to colleagues, the bank's senior technology manager referred to the situation as an "unprecedented crisis." In fact, it may be the worst security breach ever at a global financial institution. And it has left bank officials scrambling to try to understand the nature of the year-long cyber-assault, while also trying to keep the news from leaking to the public.
[read more]
It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution's highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank's network for nearly a month in June and July.
In total, at least six major intrusions — two of them using the same group of IP addresses originating from China — have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month.
In a frantic midnight e-mail to colleagues, the bank's senior technology manager referred to the situation as an "unprecedented crisis." In fact, it may be the worst security breach ever at a global financial institution. And it has left bank officials scrambling to try to understand the nature of the year-long cyber-assault, while also trying to keep the news from leaking to the public.
[read more]
-
-
- skyaddicted
- 1 month ago
-
I say we scrap it and start over. I prefer the barter system. I'm looking forward to my life as a manwhore.
-
-
- Albinopollock
- 1 month ago
-
-
Time for the cyberpunks to take over.
-
-
- Dmitri_Molotov
- 1 month ago
-
-
thank god for hackers.
we need more of them.
-
-
- intelligenceisacurse
- 1 month ago
-
-
It's been going on for a year, but becomes news 3 weeks before the election.
CRANK UP THE FEAR MACHINE FOX!
Login/Registration is required to add a response
