What is MOVEit? MOVEit is a managed file transfer (MFT) software solution developed by Progress Software Corporation (formerly Ipswitch). It is designed to securely transfer files within or between organizations. MOVEit offers a centralized platform for managing file transfers, providing security, compliance, and automation features. What happened? In May 2023, Progress disclosed a vulnerability in MOVEit Transfer and MOVEit Cloud (CVE-2023-34362) that could lead to escalated privileges and potential unauthorized access to the environment. Upon discovery, Progress launched an investigation, provided mitigation steps and released a security patch, all within 48 hours. Unfortunately, during that time, cybercriminals associated with Russian-affiliated […]
The post MOVEit Vulnerability Weaponized in Ransomware Attack appeared first on Check Point Blog.
Read the original article: