Hacking spree feared after breach of file-sharing software
NEW YORK CITY – Cybersecurity experts are bracing for a potential wave of extortion demands after a vulnerability was discovered in encrypted file-sharing software, a flaw that hackers have already used to target a string of high-profile victims, including British Airways and the BBC.related to the secure file transfer product MOVEit
Microsoft said the hackers responsible for the attacks on MOVEit servers also run the Clop extortion website. Clop is the name of a ransomware variant that has been deployed against companies and organisations around the world, and it also sometimes refers to the hacking gang that uses it. Publicly available data sources show there are thousands of vulnerable MOVEit servers that could have been affected by the software flaw, Mr Liska said. The criminal hackers are expected to begin contacting companies and demanding payment in cryptocurrency in exchange for not uploading the company’s stolen data online, he said.
When asked how many companies were breached, the representative replied, “You all recognise them if they refuse to pay, they will appear on our blog.” In a statement, Zellis said a “small number of customers” have been impacted. “Once we became aware of this incident we took immediate action, disconnecting the server that utilises MOVEit software and engaging an expert external security incident response team to assist with forensic analysis and ongoing monitoring.”
At British Airways, the hack led to the disclosure of employees’ personal information, including names, surnames, dates of birth and potentially banking details, according to a spokesperson for the carrier, which employs around 35,000 people.
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