According to a report from Fox News, several servers at the World Bank Group, an organization that offers economic assistance to developing countries around the globe, were repeatedly compromised and breached over the course of the last year.
Details are still emerging and it is unclear how much sensitive information, if any, was stolen. But the Fox report, which cites internal memos, claims the organization's computer network suffered six major intrusions, which included access to the bank's network for nearly a month in June and July, 2008.
Officials with the World Bank this week claim the Fox report is full of errors, and are criticizing Fox for using unnamed sources in the story.
CSO spoke with Graham Cluley, a senior technology consultant with IT security and control firm Sophos, for a look at some of the allegations that are swirling. Cluley said regardless of the facts, what's being discussed can offer some valuable lessons that security pros can use before a breach hits home.
Cyber thieves are everywhere and no where is safe.
Some of the intrusions in question appear to have originated with the same cluster of IP addresses in China.
"This doesn't mean the attackers were in China," said Cluley. "If you are going to hack into an organization like the World Bank, you don't use your own computer."
Instead, it is likely that the criminals involved with the attack commandeered other computers to hijack the World Bank servers.
The bottom line is that computers everywhere are at risk. No matter where you are located, your security plan needs to be bullet proof.
In a breach like this, the motivation could be financial or political.
While many of the breaches we are seeing these days are often done for financial gain, Cluley thinks an organization like the World Bank could very well have been targeted for political reasons as much as for money. Or it could be part of an elaborate plot to gain notoriety.
Read up on the latest ideas and technologies from companies that sell hardware, software and services. Controlling storage costs with Oracle database 11g
How to improve employee productivity in small and medium businesses
IT Service Management Needs and Adoption Trends: An Analysis of a Global Survey of IT Executives
The state of Middleware
Look before you leap | Key considerations for moving to 802.11n
Making the Business Case for IT Consolidation
The Case for an Untethered Enterprise
Zones provide focussed content from Computerworld and leading technology partners.Discover how SOA can create smarter outcomes for your business.
Attend and learn:
- How SOA is helping leading companies to become more agile
- Where you should be applying SOA processes in your company
- The top SOA implementation mistakes to avoid
Click here for more information.
- +
Computerworld Live Podcast #97: The Future of Enterprise Networking 25/07/2008 09:45:36
This week CW Live chats with Mark Thompson, global sales and marketing manager for HP ProCurve, on the future of the enterprise networking. Mark discusses the trends we can expect to see in the near future and how the right infrastructure can ensure your enterprise network is secure. - +
Computerworld Live Podcast #96: Security at the Edge 11/06/2008 09:22:22
CW Live speaks with Amol Mitra, HP ProCurve Director of Marketing for Asia Pacific and Japan. Today's topic: how enterprises are starting to shift away from simply controlling security via server logins, firewalls and moving to more adaptive security frameworks. - +
Data Management Edition #10: Multi-Petascale Systems 02/05/2008 09:12:33
This week we look at sustainability and the development of multicore technologies to build multi-petascale systems. - +
IT Security Edition #11: How to poison the Storm botnet 01/05/2008 08:51:55
This week CW Live presents a case study on how to poison the notorious Storm botnet . Plus we take a look at Cisco's plans for Ironport. - +
IT Security Edition #10: Cyber-battles fought and won 24/04/2008 11:09:47
Vendors bow to end user pressure to improve product security, and we take a look at the latest concepts shaping the cyber-battlefield of the future.
FrontRange Solutions launches HEAT Plus Mobile to reduce help desk costs and improve service management productivity 2008-12-02 15:15:00+11
AARNet Helps to Advance Indigenous Health 2008-12-02 12:44:00+11
Orbis selects Telstra International as its data centre partner for the UK, Europe and Middle East Region 2008-12-02 11:23:00+11
ComOps Deploys Corporate Performance Reporting Solution For Healthcare Test Manufacturer 2008-12-02 10:09:00+11
Mornington Peninsula Shire implements Objective to manage knowledge and deliver service excellence 2008-12-02 09:56:00+11
Best Practice in Building an Integrated Information Management Strategy
Discover the business value that creating an integrated information platform can bring. Learn how to provide consistent, accurate information to all stakeholders within your business network. Integrate vital data from disparate sources and deliver a trusted information foundation. Read on to uncover the stepping-stones to your new information management strategy.












