Page 10 - Progress Software Moveit News Today

Ransomware and data-exfiltration attacks are continuing to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one, which was hit by the Play ransomware group last year.

Ransomware and data exfiltration attacks continue to stick victims with serious bills to cover cleanup, legal and other resulting costs - to the tune of $10.8 million and counting for cloud computing giant Rackspace, for one. Rackspace was hit by the Play ransomware group last year.

The tally of entities notifying federal regulators about mega health data breaches involving Clop cybercrime group hacks on Progress Software's MOVEit file transfer

The median attacker dwell time shrunk from 10 to eight days in the first seven months of 2023, and in the case of ransomware attacks it is down to just five days.

Such has been the scope of Clop’s activity since May that ransomware attack volumes have more than doubled year on year, according to the latest data.

This year's massive exploitation of managed file transfer products such as Fortra's GoAnywhere and Progress Software's MOVEit proves that MFTs are a hacker's

Attorneys say consumers deserve compensation for cybersecurity breach which compromised sensitive personal data collected by more than 600 organizations worldwide ... -Today at 02:15 pm- MarketScreener

Image by GOCMEN via GettyImages.ca

The U.S. investment advisory division of a Canadian-headquartered bank is among the latest companies to admit it was sideswiped by the exploitation of a zero-day vulnerability in Progress Software's MOVEit file transfer application. Scotia Wealth Management, part of the Bank of Nova Scotia, acknowledged in a letter filed with the state of Massachusetts that personal

While zero-day exploits are hard to defend against, the software industry must come together and do more to improve security across the board.