Satyam denies World Bank hacking allegations
- Reduce text size Decrease text size
- Increase text size Increase text size
- Print article Print
- Jump to comments Comment
- Share this article Share
- Email article to a friend Email
Indian IT outsourcer refutes FOX News claims that Satyam was barred from offshore work after an employee installed keylogger on World Bank systems
FOX News alleged that World Bank president Robert Zoellick demanded that its contract with Satyam, signed in 2003, be terminated after the supposed breach took place.
A statement issued by Satyam quoted a World Bank employee saying, “The story cites misinformation from unattributed sources and leaked emails that are taken out of context.”
The statement added: “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.”
Further reading
The business partner risk
Business partners should be regarded as the greatest security headache, according to recent research
The Reuters offshore story
Dave Weller, global head of solutions delivery at Satyam customer Reuters, discusses building an offshore resource
Find more stories in the
IT Services & Security & Continuity Briefing Rooms




