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The IMF's headquarters in Washington DC. AP Photo/Jose Luis Magana/PA

IMF computer systems attacked but extent of damage not known

Attack described as a “very major breach” occurred sometime in the last several months, but the IMF hasn’t revealed the scope of the attack.

THE IMF, already reeling from last month’s arrest of its former leader, is investigating an attack on its computer system.

IMF spokesman David Hawley said the organisation is fully functional. He declined to provide further details on what he termed an “IT incident,” including its scope or nature and whether any sensitive data were taken. The IMF has confidential information on countries in financial trouble – including Ireland.

The New York Times cited unnamed IMF officials as saying the attack was sophisticated and serious.

The IMF told staffers about it on Wednesday but hasn’t made a public announcement.

The organisation is already facing a public-relations headache after the arrest of Dominique Strauss-Kahn, who resigned as its chief last month after being accused of sexually assaulting a maid in a New York hotel.

French Finance Minister Christine Lagarde, Mexican central bank chief Agustin Carstens and others are vying for the top job. Stanley Fischer, Israel’s central bank chief, emerged as a candidate Saturday.

It’s not clear if hackers were targeting the IMF. Hackers sometimes try to distribute malicious software code widely and see which organisations it can infect. But they can also choose targets. Using a technique called “spear phishing,” for instance, they can trick employees of a specific organisation into clicking a link that then gives hackers access to its computer systems.

Dave Jevans, chairman of computer security firm IronKey Inc., said he’s concerned by an uptick in “hacktivism,” where groups target organisations for political purposes.

It’s possible the IMF was the victim of such hacktivism. However, one official cited by the Times said the attack occurred over the last several months, before the troubles involving Strauss-Kahn.

Concerns about the IMF attack were great enough that the World Bank cut a computer link that allows the two organisations to share non-sensitive information, according to a bank official. The move was taken out of “an abundance of caution,” said the official, who spoke on condition of anonymity because of the security issues around the incident.

The IMF attack follows a string of major data breaches. In recent months, hackers have penetrated 100 million Sony PlayStation accounts, the networks of Lockheed Martin and the customer email databases of a company that does marketing for Best Buy and Target stores. Google has accused Chinese hackers of targeting the Gmail accounts of U.S. government officials.

About 200,000 Citibank credit card customers in North America had their names, account numbers and email addresses stolen.

- AP

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    Mute Deaglán MacThóirdealbaigh
    Favourite Deaglán MacThóirdealbaigh
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    Mar 22nd 2016, 5:08 PM

    So my Samsung S5 which I still look at as a mighty phone altogether is now an “older device”. I call a Nokia 3210 an “older device”. Past it at 31. Jesus.

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    Mute Byyys
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    Mar 22nd 2016, 5:45 PM

    The Finnish company Nokia will apparently launch new Android-powered smartphones in 2016…
    (wont have any Windows software) It;s all very rumour-tastic but certainly interesting none the less.

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    Mute tax slave
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    Mar 22nd 2016, 7:44 PM

    Had thy done it at the start thy still be KING

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    Mute Brendan McGill
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    Mar 23rd 2016, 5:18 AM

    That’s so true

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    Mute Rehabmeerkat
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    Mar 23rd 2016, 4:54 PM

    Nokia isn’t a rumour. They have confirmed they are returning to the smartphone market in 2017. Thats when their agreement with Microsoft ends

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    Mute Eoin Fleming
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    Mar 22nd 2016, 5:57 PM

    Weren’t they bought by Samsung?

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    Mute Liam Coyle
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    Mar 22nd 2016, 5:59 PM

    Microsoft bought them.

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    Mute Byyys
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    Mar 22nd 2016, 6:11 PM

    Not Samsung…Nokia entered into a pact with Microsoft in 2011 to exclusively use its Windows Phone platform on future phones. In September 2013, Microsoft announced that it would acquire Nokia’s mobile phone business as part of an overall deal totaling €5.44 billion euro. Last year Microsoft wrote off billions of dollars to the tune of $7.6 billion nearly the full amount it payed for Nokia phones and its patents. A clause in this deal meant Nokia is unable to launch a model under its own brand name until Q4 2016.

    Nokia has a new video called “Our vision”.. could possibly be an Android Nokia C1 in the making.
    https://www.youtube.com/watch?v=aYm7hh9ys0c

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    Mute Eoin Fleming
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    Mar 22nd 2016, 5:58 PM

    @byys

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