Several IMF email accounts hit by cybersecurity incident

'The impacted email accounts were re-secured,' IMF says, citing remediation actions

Several IMF email accounts hit by cybersecurity incident

The International Monetary Fund (IMF) revealed last week that it was hit by a cyber incident that impacted 11 email accounts.

The organisation disclosed that they detected the incident on February 16.

"A subsequent investigation, with the assistance of independent cybersecurity experts, determined the nature of the breach, and remediation actions were taken," it said in a statement.

"The impacted email accounts were re-secured. We have no indication of further compromise beyond these email accounts at this point in time."

Investigation into the case is ongoing, according to the IMF, which denied that the incident was part of Microsoft targeting.

"Based on our investigative findings to date, this incident does not appear to be part of Microsoft targeting," an IMF spokesperson told BleepingComputer.

In January, Microsoft revealed that it mitigated a "nation-state attack" that compromised a "very small percentage" of Microsoft corporate email accounts, including members of senior leadership team and employees in cybersecurity, legal, and other functions.

‘Robust cybersecurity programme’

In the IMF statement, the organisation underscored that it has a "robust cybersecurity programme" to respond quickly to such incidents.

"The IMF takes prevention of, and defence against, cyber incidents very seriously and, like all organisations, operates under the assumption that cyber incidents will unfortunately occur," it said.

The IMF is a major financial agency of the United Nations, and an international institution funded by the UN's 190 member countries.

According to its website, it fosters international financial stability by offering policy advice, financial assistance to member countries, and capacity development.

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