How a File Transfer Flaw Led to the Biggest Hack of 2023

The year 2023 will be remembered as the year of the biggest hack in history. A cyberattack that exploited a vulnerability in a popular file transfer software called MOVEit affected millions of people and hundreds of organizations around the world, exposing sensitive data and disrupting critical operations.

What is MOVEit software?

MOVEit is a software that allows users to securely transfer files between different systems and devices. It is widely used by businesses, governments, and individuals for various purposes, such as sharing documents, sending invoices, or backing up data. 

However, in March 2023, security researchers discovered a flaw in MOVEit that allowed hackers to execute arbitrary code on the servers that hosted the software. This flaw, dubbed CVE-2023-1234, was rated as critical and had a score of 9.8 out of 10 on the Common Vulnerability Scoring System (CVSS).

How did hackers exploit the flaw?

The flaw was reported to Progress Software, the company that owns MOVEit, and a patch was released on March 15, 2023. However, many users did not apply the patch in time, leaving their systems vulnerable to attacks. 

Hackers took advantage of this opportunity and launched a massive campaign to exploit the flaw and gain access to the data stored on the MOVEit servers.

The hackers used a variety of techniques to evade detection and hide their tracks. They used proxy servers, encryption, and obfuscation to conceal

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

Read the original article:

Tags: