Financial services firms affected by the mass attack on MOVEit file-sharing software are among the latest to face lawsuits from affected individuals. One such lawsuit, filed against Prudential, wants the firm to pay for 10 years of identity theft monitoring service since stolen Social Security numbers cannot be replaced. So far 998 organizations are known…

The average cost per data breach for business in 2023 jumped to $4.45 million, a 15% increase over three years. But instead of investing in cybersecurity, 57% of breached organizations told IBM they were inclined to just pass those costs onto consumers. The final total for the year could be even higher: With organizations struggling…

The Clop group’s mass exploitation of MOVEit file-transfer software represents the latest stage of innovation in the ever-evolving ransomware ecosystem. As with all cybercrime, criminals’ imperative is simple: maximize illicit profits via the least amount of effort, time and risk. Russian-speaking criminal group Clop’s attacks have affected at least 421 organizations – and likely many…

Progress is informing customers of a new critical SQL injection vulnerability, tracked as CVE-2023-36934, in its MOVEit Transfer software. MOVEit Transfer software recently made the headlines due to the massive Clop ransomware hacking campaign exploiting a vulnerability in the product. The flaw CVE-2023-36934 impacts software versions released before 2020.1.11 (12.1.11), 2021.0.9 (13.0.9), 2021.1.7 (13.1.7), 2022.0.7…

The company behind the MOVEit managed file transfer application is urging customers into a new round of emergency patching after identifying additional vulnerabilities. Progress Software in a Friday update said it had identified additional SQL injection vulnerabilities allowing attackers access to the MOVEit transfer database. “These newly discovered vulnerabilities are distinct from the previously reported…

Last week, Progress Software Corporation, which sells software and services for user interface development, devops, file management and more, alerted customers of its MOVEit Transfer and related MOVEit Cloud products about a critical vulnerability dubbed CVE-2023-34362. As the name suggests, MOVEit Transfer is a system that makes it easy to store and share files throughout…