Slashdot Mirror


World Bank Under Cybersiege In "Unprecedented Crisis"

JagsLive sends in a Fox News report on large-scale and possibly ongoing security breaches at the World Bank. "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." Update: 10/11 01:15 GMT by T : Massive spyware infestations might be good cause to reevaluate the TCO of non-Windows systems on the desktop.

6 of 377 comments (clear)

  1. Re:so the chinese orchestrated the market meltdown by ShieldW0lf · · Score: 0, Flamebait

    They're melting down due to birth control, dumbass. You can only usurp the labour of other cultures children to sustain a childless and decadent lifestyle for so long before they decide not to play ball. That's what this is about. China has been the powerhouse of the world for a long time because they have the population. They've been sitting back and allowing us to depend on them further and further for a long time, but that's almost done. Eventally, they too will fall, and it will be their one child per couple policy that created the conditions, at which point places like India will become the world power.

    --
    -1 Uncomfortable Truth
  2. does anyone else think by nimbius · · Score: 1, Flamebait

    its suspicious that fox news, arguably one of the least reputable news agencies on the planet, has been tapped as the groundbreaking authority on this story?

    wondering if this will come with a CERN alert any time soon.

    --
    Good people go to bed earlier.
  3. Re:reputable source? by Anonymous Coward · · Score: 0, Flamebait

    Ah, using the typical Obamist tactic of shooting the messenger before you read the message.

  4. Re:so the chinese orchestrated the market meltdown by megamerican · · Score: 1, Flamebait

    The people who are delusional are the ones who think you can fix the problem of inflation with more inflation.

    There has been talk about closing down the international markets and starting a new Bretton Woods type agreement. Of course this new agreement has probably been written and just waiting for this crisis, just like the PATRIOT ACT was written before 9/11 and the current bailout bill was written back in March.

    It is great to know that the institutions that helped create this mess are now the ones who will pose as the saviors of it. If you think that its accidental then you may be the one who is delusional. There was plenty of people warning about this crisis for many years (click the link in my signature to find them). Those people aren't some genius prophets, they just stated the obvious.

    Remember that the primary function of government is to pretend to fail.

    --
    If you have something that you dont want anyone to know, maybe you shouldnt be doing it in the first place -Eric Schmidt
  5. Aha! by goldsaturn · · Score: 0, Flamebait

    At the end there's an update that has a comment from World Bank:

    UPDATE: After FOX News published its story, a World Bank spokesman issued the following statement: "The Fox News story is wrong and is riddled with falsehoods and errors. The story cites misinformation from unattributed sources and leaked emails that are taken out of context. "Like other public and private institutions, the World Bank has repeatedly experienced hacking attacks on its computer systems and is constantly updating its security to defeat these. But at no point has a hacking attack accessed sensitive information in the World Bank's Treasury, procurement, anti-corruption or human resources departments."

    Is this World Bank trying to reduce the damage, or is Fox as sorry as we know it is?

  6. jack and jill by circletimessquare · · Score: 0, Flamebait

    went up the hill to fetch a pail of financial intervention

    betty and sue just got married in connecticut

    oh wait what? you were taking this SERIOUSLY

    dude: i'm going to ease you a nice soft pitch of intellectual charity, and then i'm going to run away and post no more in this thread, because you are certifiable, and i don't like being mean to crazy people:

    it's a LITTLE more complicated than your analogy

    (runs away)

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it