Last week, International Monetary Fund (IMF) disclosed that a cyberattack in February led to the compromise of 11 email accounts.
The IMF, a lender made up of 190 member countries, is an international financial institution designed to stabilize economies by providing billions in funding to governments around the world each year.
As per the official statement, the IMF said the cyber incident was detected on February 16 and a subsequent investigation, with the assistance of independent cybersecurity experts, determined the nature of the breach, and remediation actions were taken. The investigation determined that eleven (11) IMF email accounts were compromised.
The impacted email accounts were re-secured. We have no indication of further compromise beyond these email accounts at this point in time. The investigation into this incident is continuing.
None of the email accounts accessed were used by senior leaders of the organization, and the threat actors behind this attack not disclosed considering security reasons
The organization last dealt with a cybersecurity incident in 2011, when an alleged nation-state actor breached the organization’s systems and spent months rifling through files, and cut all the digital connections to the world bank to contain the damage.
