IMF hack ‘on behalf of hostile nation’

A MAJOR cyber attack on the International Monetary Fund was aimed at stealing sensitive information, a cyber security expert said, as the race to lead the body which oversees the global financial system heats up.

The US Federal Bureau of Investigation is helping investigate the attack on the IMF, the latest in a rash of cyber attacks to target high-profile companies and institutions.

“The IMF attack was clearly designed to infiltrate the IMF with the intention of gaining sensitive insider privileged information,” said Mohan Koo, managing director of Dtex Systems, a cyber security company.