IMF cyber attack aimed to steal insider information: expert

A major cyber attack on the IMF aimed to steal sensitive insider information, a cyber security expert said on Sunday, as the race to lead the body which oversees global financial system heated up.

The U.S. Federal Bureau of Investigation is helping to investigate the attack on the International Monetary Fund, the latest in a rash of cyber break-ins that have targeted high-profile companies and institutions.

"The IMF attack was clearly designed to infiltrate the IMF with the intention of gaining sensitive 'insider privileged information'," cyber security specialist Mohan Koo, who is also Managing Director, Dtex Systems (UK), told Reuters in London. Read more...