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World Bank Under Cyber Siege

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posted on Oct, 13 2008 @ 09:27 AM
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World Bank Under Cyber Siege


www.foxnews.com

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.

(visit the link for the full news article)




posted on Oct, 13 2008 @ 09:27 AM
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Has anyone seen this yet? This is amazing! God only knows how much information they have gotten so far. They refer to it as a gold mine for Chinese hackers.

Wonder if this ties in any way with whats going on? I seem to find it outrageous that a bank so big did catch anything going on until the Feds told them! You're telling me that they are not using IPS/IDS devices, Geo blocking or auditing file access on their servers for crying out loud! I think the management of their IT department should be canned for letting this go on for a year.

www.foxnews.com
(visit the link for the full news article)



posted on Oct, 13 2008 @ 09:29 AM
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