Cyber Attack Strikes IMF

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Context

The International Monetary Fund has come under a serious cyber attack by hackers attempting to have access to sensitive information about world economies. Officials say that the organization has been targeted in the past but the latest strike was more sophisticated and significant. A spokesperson said the incident was being looked into and the organization was “fully functional”. The IMF gathers confidential details about the economies of its 187-member states. The leaked data in the fund’s computer systems can be used to profit from or manipulate currencies and bonds across the globe.