IMF attacked by hackers

March 19, 2024
1 min read

TLDR:

– The International Monetary Fund was hit by a cyber attack in February.
– 11 email accounts were compromised, but have since been secured.
– The IMF is continuing its investigation into the incident.

The International Monetary Fund (IMF) disclosed that it was the target of a cyber attack in February, where 11 of its email accounts were compromised. The IMF promptly detected the attack on February 16 and took action to secure the affected accounts. The fund reassured that there were no further compromises beyond the email accounts at that time, but the investigation is ongoing to determine the extent and impact of the cyber incident.

Cyber attacks on financial institutions, especially prominent global organizations like the IMF, highlight the importance of robust cybersecurity measures to safeguard sensitive information and maintain operational continuity. This incident serves as a reminder of the evolving threat landscape faced by central banks and financial institutions worldwide, emphasizing the need for ongoing vigilance and security enhancements in the face of cyber risks.

Latest from Blog

EU push for unified incident report rules

TLDR: The Federation of European Risk Management Associations (FERMA) is urging the EU to harmonize cyber incident reporting requirements ahead of new legislation. Upcoming legislation such as the NIS2 Directive, DORA, and