Hardrive
DLT Staff
Posts: 13738

Loc: Long Beach, CA
Reg: Thursday January 4th 2001
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Friday October 10th 2008 11:45 AM - Post#98877
Fox News: One of the largest repositories of sensitive data about the economies of every nation — has been raided repeatedly by outsiders for more than a year.
- The second major breach — of the bank's treasury network in Washington — was discovered in April 2008. The World Bank's Treasury manages $70 billion in assets for 25 clients — including the central banks of some countries. It carries out substantial collaborations with the world's finance ministers on public wealth and debt management, runs an active bond-trading desk in Washington, and does everything from currency trading to capital markets financings.
After a forensic analysis of the treasury breach, bank investigators discovered that spy software was covertly installed on workstations inside the bank's Washington headquarters — allegedly by one or more contractors from Satyam Computer Services, one of India's largest IT companies.

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robmac
Tech
Posts: 1314
Age: 57
Loc: Lincoln, NE
Reg: Thursday June 27th 2002
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Friday October 10th 2008 07:27 PM - Post#98878
In response to Hardrive
Heh.
UPDATE: After FOX News published its story, a World Bank spokesman issued the following statement:
"The Fox News story is wrong and is riddled with falsehoods and errors. The story cites misinformation from unattributed sources and leaked emails that are taken out of context.
"Like other public and private institutions, the World Bank has repeatedly experienced hacking attacks on its computer systems and is constantly updating its security to defeat these. But at no point has a hacking attack accessed sensitive information in the World Bank's Treasury, procurement, anti-corruption or human resources departments."
Since it is Fox what they say is most likely true, but with the financial crisis ...
| A republic if you can keep it. - Benjamin Franklin, 1787 |
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Lanwizard
Mostly Harmless
Posts: 7577

Age: 46
Loc: Tucson, AZ.
Reg: Saturday June 29th 2002
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Friday October 10th 2008 10:15 PM - Post#98879
In response to robmac
I've got my money in the Bank of Serta.
Somebody told me to go to Hell, I replied back that I can't. He asked me why and I said that the Devil has taken out a restraining order against me.
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robmac
Tech
Posts: 1314
Age: 57
Loc: Lincoln, NE
Reg: Thursday June 27th 2002
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Saturday October 11th 2008 11:11 AM - Post#98880
In response to Lanwizard
I've got 30% there. The rest is in Bank of the West
| A republic if you can keep it. - Benjamin Franklin, 1787 |
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Hardrive
DLT Staff
Posts: 13738

Loc: Long Beach, CA
Reg: Thursday January 4th 2001
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Saturday October 11th 2008 03:05 PM - Post#98882
In response to robmac
Currently wholly owned by French universal bank BNP Paribas (BNPP)
Interesting....
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Lanwizard
Mostly Harmless
Posts: 7577

Age: 46
Loc: Tucson, AZ.
Reg: Saturday June 29th 2002
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Saturday October 11th 2008 03:40 PM - Post#98883
In response to robmac
They have offices here in Tucson but I use Chase which is pretty solid (as of the time of this posting) but who knows, that may change.
Somebody told me to go to Hell, I replied back that I can't. He asked me why and I said that the Devil has taken out a restraining order against me.
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robmac
Tech
Posts: 1314
Age: 57
Loc: Lincoln, NE
Reg: Thursday June 27th 2002
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Saturday October 11th 2008 06:45 PM - Post#98884
In response to Hardrive
That caught my eye, too.
| A republic if you can keep it. - Benjamin Franklin, 1787 |
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Lestat
Semi Pointless Newbie
Posts: 555

Age: 100
Loc: WI
Reg: Tuesday August 27th 2002
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Monday October 13th 2008 11:54 AM - Post#98887
In response to robmac
They need a hacker bailout.
Like my new yard sign ?
| There are 3 people who know how to count. Those who can, and those who can't. |
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robmac
Tech
Posts: 1314
Age: 57
Loc: Lincoln, NE
Reg: Thursday June 27th 2002
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Tuesday October 14th 2008 07:41 PM - Post#98891
In response to Lestat
Nice. Actually IMO, too nice.
I think something with pitchforks and torches would be more appropriate
| A republic if you can keep it. - Benjamin Franklin, 1787 |
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