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News

AEP Networks Comments On IMF Hack

AEP Networks : 14 June, 2011  (Technical Article)
Creation of insider virtual presence on IMF network reveals flaws in existing approach to network security
The International Monetary Fund (IMF) has said it has suffered "a very major breach" after falling victim to a sophisticated cyber-attack.

 

Mark Darvill, director at trusted security firm, AEP Networks commented: “The fact that the attack took place over several months and was targeted at an individual employee is of significant concern. The attempt to establish a fake "digital insider presence", whether it is another state or a malicious individual, needs to be looked at extremely carefully.  Once something is ‘digitally signed’, it is essentially assumed legitimate and given roaming rights. 

 

“The possibility of a large-scale cyber-attack disrupting our power, finance, security and governmental systems is becoming more and more of a possibility in today's world. Organisations holding vital information that support our economy or protect our critical infrastructure need to scale up their security measures if they are to avoid falling victim to such attacks.” 
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