Nation State Behind IMF Cyber Attack: Expert

A foreign government is believed to be behind a significant cyber attack on the International Monetary Fund, experts told Reuters on Saturday. "It was a targeted attack," said a board member of the International Cyber Security Protection Alliance. The IMF, which addresses global financial crises and has highly confidential information on countries' economies, suffered a network hack in the last several months, The New York Times reported. Its board of directors was told about the data problem on Wednesday, the Times wrote. Information on economic bailout programs may be market-moving, The Times points out. The bailout agreements are “political dynamite in many countries," one official said.

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