World Bank Under Cyber Siege in Unprecedented Attack
It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution’s highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank’s network for nearly a month in June and July.
In total, at least six major intrusions — two of them using the same group of IP addresses originating from China — have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month.
In a frantic midnight e-mail to colleagues, the bank’s senior technology manager referred to the situation as an “unprecedented crisis.” In fact, it may be the worst security breach ever at a global financial institution. And it has left bank officials scrambling to try to understand the nature of the year-long cyber-assault, while also trying to keep the news from leaking to the public. More from National Terror Alert
Also in financial news today, World Net Daily is reporting that China is stiffing America for $100 billion in debt while Washington uses our tax dollars to help Bejing as part of the trillion dollar credit bailout. Our “ecomonic crisis” came suddenly a couple of months ago, with Congress working with unprecidented speed to pass a bill Americans did not want while we watched banks close and the stock martket go wild.
Washington is trying to sell the American tax-payer on the “theory” that the bail out is to help American banks. Why are we bailing out Bejing? It is becoming obvious that the American credit crisis is not a direct result of criminal banking practices by Fannie Mae and Freddie Mac but a part of a larger, more dangerous terrorist cyber attack.
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