Satyam Computer Services, An Indian Outsourcing Company, Banned By World Bank For Computer Security Compromisation

by Trendy

“I want them off the premises now” was the reaction from World Bank President Robert Zoellick, when he was informed of the security breach and data compromisation caused by contractors of indian outsourcing company, Satyam Computer Services. According to internal audits and checks conducted by the World Bank staff, spy software was found to be installed by contractors brought in by the indian company. The spy software were recording every keystroke on the workstations they were installed on. Logs of the keystrokes recorded were then transmitted over the internet to undisclosed locations by the spyware.

The World Bank has canceled its outsourcing contract with Satyam Computer Services and now given the work to a couple of other indian companies. The identities of the new indian companies now working for the World Bank has still not been made public.

According to a Fox News investigation about this security breach,

It is still not known how much information was stolen. But sources inside the bank confirm that servers in the institution’s highly-restricted treasury unit were deeply penetrated with spy software last April. Invaders also had full access to the rest of the bank’s network for nearly a month in June and July.

In total, at least six major intrusions — two of them using the same group of IP addresses originating from China — have been detected at the World Bank since the summer of 2007, with the most recent breach occurring just last month.

In a frantic midnight e-mail to colleagues, the bank’s senior technology manager referred to the situation as an “unprecedented crisis.” In fact, it may be the worst security breach ever at a global financial institution. And it has left bank officials scrambling to try to understand the nature of the year-long cyber-assault, while also trying to keep the news from leaking to the public.

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