Reserve Bank drops Accellion after hack, rolls out Box
The Reserve Bank appears to have written off work on its Accellion software upgrade.
Stay updated with breaking news from Accellion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Reserve Bank appears to have written off work on its Accellion software upgrade.
Accellion has reached an $8.1 million settlement to end a lawsuit over a data breach involving its legacy file sharing service FTA
But won’t say how many had data accessed.
By Juha Saarinen on Jun 1, 2021 12:55PM RBNZ governor Adrian Orr. /Supplied Bank made things worse by not adhering to own usage guidelines. The Reserve Bank of New Zealand was hacked after Accellion failed to send out a warning that its File Transfer Appliance (FTA) contained an actively exploited vulnerability with patches available. While Accellion had patches for its FTA product available in December 2020, and was made aware by security vendor FireEye as early as the 16th of that month that the vulnerability was being ex...
A KPMG report finds that the email system used by Accellion never sent the email notifications to FTA customers and the company never informed them of the flaw being actively exploited.