IMF investigates hacking of emails

IMF investigates hacking of emails

Cyber space is one of the volatile areas that needs expect security to guard against personal and company property. With the advent of Artificial Intelligence (AI) things have become more complicated. The International Monetary Fund (IMF) recently fell victim to a cyber incident that compromised some of its information.

The Fund has reported that it experienced a cybersecurity incident on 5 February 2024, whereby 11 emails were compromised but were subsequently re-secured. A cybersecurity expert was appointed to investigate the incident and determine the nature of the breach and remedial actions were taken.

“The investigation determined that eleven (11) IMF email accounts were compromised. The impacted email accounts were re-secured. We have no indication of further compromise beyond these email accounts at this point in time. The investigation into this incident is continuing,” said Pavis Devahasadin responsible for Media on behalf of IMF.

“The IMF takes prevention of, and defense against, cyber incidents very seriously and, like all organizations, operates under the assumption that cyber incidents will unfortunately occur. The IMF has a robust cybersecurity program in place to respond quickly and effectively to such incidents,” continued Devahasadin.

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