The details are fairly chilling and include some amazingly upbeat quotes like…

“While it remains unclear how much data has been pilfered from the bank, it’s a lot. According to internal memos, “a minimum of 18 servers have been compromised,” including some of the bank’s most sensitive systems — ranging from the bank’s security and password server to a Human Resources server “that contains scanned images of staff documents.”"

And…

“The World Bank Group’s computer network — 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, FOX News has learned.”

This is certainly disturbing news for a number of reasons.  Most importantly the fact that the worlds financial system is serious peril and this…

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.

The italicised text is what I find very disturbing.  GLB, SOX and a slew of other laws all have strict disclosure guidelines.  Trying to hide something of this magnitude is not only futile but also illegal.