Author Topic: World Bank Under Cyber Siege!!!  (Read 491 times)

w8tlftr

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World Bank Under Cyber Siege!!!
« on: October 10, 2008, 07:26:00 AM »
Has anyone seen this news anywhere else? This is fucking huge!!!

http://www.foxnews.com/story/0,2933,435681,00.html

World Bank Under Cyber Siege in 'Unprecedented Crisis'

The data raids are not a matter of stealing inconsequential bits and bytes. The World Bank's data center is literally a treasure trove of vital financial information from around the globe. As a clearinghouse for financial data from both governments and companies, the bank's computers could provide intruders with both a financial and intelligence gold mine — from inside information on bids and contracts to the minutes of confidential board meetings.

If the bank takes a position in a currency, for example, that currency usually moves in response to the bank's actions. Stocks and bonds can also swing up and down based on World Bank announcements. "If you know beforehand that the bank is going to put an order in for oil pipelines in Chad or healthcare systems in India, you can actually make a good amount of money," says one insider.

w8tlftr

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Re: World Bank Under Cyber Siege!!!
« Reply #1 on: October 10, 2008, 12:27:37 PM »
Wow... amazing that no one gives a damn about this.

Esp. on this board.