Tag Archives: Royal United Services Institute for Defence and Security Studies

While the International Monetary Fund is staying close-lipped in response to speculation about who might have perpetrated the cyber attack on its systems (perhaps the most serious of recent security failures), industry experts say that it is likely that an international government was behind the breach, due to the complexity of the intrusion. The hackers seemed intent on obtaining information, not destroying the IMF’s systems, John Bassett, senior fellow at the Royal United Services Institute told Reuters. China and Russia top the list of likely culprits for many analysts, countries where the government often turns a blind eye to hackers who only take on foreign targets. The IMF is in the middle of a number of critical decisions and, with its leadership in flux, the list of who might want to read the organization’s mind is long. Read more at the Wall Street Journal.