The International Monetary Fund, which oversees the global financial system and brings together 187 member nations, has become the latest known target of a significant cyber attack.
A cybersecurity expert who has worked for both the Washington-headquartered IMF and the World Bank, its sister institution, said the intruders' goal had been to install software that would give a nation-state a "digital insider presence" on the IMF network.
Such a presence could yield a trove of non-public economic data used by the Fund to promote exchange rate stability, support balanced international trade and provide resources to remedy members' balance-of-payments crises.
